February 2024

The Emergence of EURM Stablecoin Trials in Spain

EURM Trials Overview In 2024, Monei is embarking on trials of EURM, a stablecoin backed by the euro. These trials are being conducted under the watchful supervision of the Bank of Spain. The introduction of this euro-backed stablecoin represents a significant advancement within Spain’s financial landscape. As Monei delves into these trials, it aims to […]

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Understanding the Impact of Hong Kong’s Regulation Consultation for OTC Crypto Venues

Understanding OTC Crypto Venues The impending regulation consultation for over-the-counter (OTC) crypto venues in Hong Kong is poised to significantly transform the virtual asset landscape. This consultation will have far-reaching implications for off-exchange crypto venues, reshaping the way these platforms operate and interact within the financial ecosystem. Impact on Virtual Assets Regulation’s Influence on Virtual

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The Impact of UAE-China Cross-Border CBDC Transaction on Global Finance

UAE-China CBDC Transaction The recent UAE-China cross-border digital currency transaction through the mBridge network represents a groundbreaking achievement in global finance. With a substantial value of $13.6M, this transaction serves as a testament to the potential of CBDCs in reducing dependency on the US dollar amidst escalating tensions. Moreover, it brings to light the complexities

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Art Blocks Expands Ecosystem with Sansa Acquisition

In a strategic move to enhance its generative art ecosystem, Art Blocks, a prominent digital art company, has announced the acquisition of the NFT marketplace Sansa. This acquisition is part of Art Blocks’ broader vision to create a unified home for generative art, expanding the ways creators can release their work and providing collectors with

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Nexo Achieves Key Cloud Security and Privacy Certifications

Nexo, a leading digital assets company, has recently achieved a significant milestone in securing client data and privacy by obtaining ISO 27017 and ISO 27018 certifications. These certifications, building on Nexo’s existing compliance with ISO 27001, mark a significant enhancement in their security and privacy protocols, especially relevant in the increasingly cloud-reliant crypto ecosystem. ISO

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Bitfinex Securities Kickstarts in El Salvador, Eyes U.S. Expansion

Bitfinex Securities, the tokenized securities trading arm of the prominent Bitfinex exchange, has officially launched operations in El Salvador. This strategic move comes months after obtaining a digital asset service provider license under the country’s Digital Assets Issuance Law in April 2023. The launch is a significant step following El Salvador’s comprehensive regulatory and infrastructural

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QRDO Foundation and EQ LAB: Pioneering Warden Protocol

The QRDO Foundation, dedicated to fostering the QRDO ecosystem, announced its strategic partnership with EQ LAB, a prominent blockchain developer lab, to introduce the Warden Protocol. This collaboration marks a significant step in the imminent launch of the Warden Protocol, an innovative intent-based interoperability protocol rooted in the Cosmos ecosystem and built on the Fusionchain

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Labour’s Vision: UK as Leading Tokenization Hub

In a dynamic shift towards embracing the digital age, the U.K.’s Labour party has laid out a futuristic vision for the nation’s financial sector. Their comprehensive plan, as articulated in a 28-page policy paper titled “Financing Growth,” revolves around transforming the U.K. into a leading hub for securities tokenization and the advancement of a digital

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