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Japanese Banks Continue to Embrace Stablecoin Innovation
Sony Bank, a Japanese commercial bank from Sony Financial Group, has launched a proof-of-concept experiment to develop a stablecoin pegged to fiat currencies, including the Japanese yen.
The initiative aims to explore the potential of…
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Unveiling the Future: Zoomex Launches New Brand Image and $400,000 Influencer 101 Campaign
Zoomex has announced the launch of a truly exciting event with a prize pool of $400,000. The announcement was made by the…
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21% Price Correction Looms for Chainlink (LINK)
Chainlink (LINK) appears poised for a significant correction in the near future, attributed to the emergence of a bearish reversal pattern.
However, sellers should exercise caution. This anticipated downturn may encounter resistance,…
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10 Spot Bitcoin ETFs Now Hold Over 507,000 BTC, Securing 2.57% of Circulating Supply
On Wednesday, the U.S. spot bitcoin exchange-traded funds (ETFs) saw a modest uptick in positive inflows, amassing a total of $113.5 million across a trading volume of $2.31 billion. The group of ten spot bitcoin ETFs, excluding…
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These 7 Countries’ Team Up to Explore Tokenization
The Bank for International Settlements (BIS) and seven central banks embark on a journey to redefine financial systems through tokenization.
Named Project Agorá, this initiative marks a pivotal step towards the fusion of digital and…
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Ford to delay all-electric SUV to focus on hybrid vehicles
Ford CEO Jim Farley at a battery lab for the automaker in suburban Detroit, announcing a new $3.5 billion electric vehicle battery plant in the state to produce lithium iron phosphate batteries, Feb. 13, 2023.Michael Wayland/CNBCDETROIT…
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Ripple to issue USD-pegged stablecoin challenging Tether and USDC market dominance
Ripple enters the stablecoin market with a USD-pegged token.
Backed by USD deposits, treasuries, and audits, Ripple’s…
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Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin
Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed stablecoin. Customers of the bank will be able to purchase the currency using Tochitsuka, an app developed by…
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This is Why Your Facebook Chats Ended Up with Netflix
Accusations are mounting against Meta, Facebook’s parent company, for allegedly granting Netflix access to users’ private messages on Messenger, sparking significant concerns over user privacy and corporate ethics.
The alarming claim…
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Singapore Expands Crypto Regulation, Introduces Stricter User Protection Requirements
The Monetary Authority of Singapore (MAS) is broadening its regulatory framework for crypto service providers through amendments to the Payment Services Act, aiming to enhance user protection and safeguard financial stability.…
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