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The New York-based stablecoin issuer – Paxos – announced a strategic expansion of its stablecoin issuance to the Solana blockchain platform, which was previously exclusive to Ethereum. Paxos said it plans to make…
Nigeria’s Central Bank (CBN) recently revoked its stringent anti-crypto measures that barred banks from handling crypto-related transactions for almost two years. This move coincides with collaborative efforts among Nigerian banks to introduce a…
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PayPal’s introduction of its native stablecoin, PayPal USD (PYUSD), has sparked heated debates within the crypto industry regarding its possible sway on payments and wider crypto adoption. While this step seems to be…
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Amid ongoing campaigns for the elections in 2024, many United States lawmakers have not sealed the deal on legislation aimed at establishing regulatory clarity on aspects of the digital asset space, including stablecoins….
Stablecoin issuer Circle has announced an upgrade to reduce transaction fees by approximately 7%. This v2.2 upgrade, involving USDC and its euro counterpart EURC, significantly enhances transaction efficiency on Ethereum Virtual Machine (EVM)…
A suite of documents was published in the United Kingdom on Nov. 6 that concern stablecoin regulation. The Financial Conduct Authority (FCA) released a discussion paper, as did the Bank of England (BOE)….
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