‘Pass stablecoin legislation now:’ Exec on concerns over illicit financing

Coinbase CLO urges swift action to address illicit finance concerns. U.S. Treasury Deputy Secretary highlights increasing terrorist reliance on virtual assets. Stablecoins serve as crucial connectors between the traditional money system and the digital currency world, maintaining a consistent value tied to the US dollar. With increasing popularity comes growing apprehension regarding potential misuse in … Read more

Elections may swing Senate Banking Committee toward crypto, Sen. Lummis says

At the Bitcoin Policy Summit in Washington, D.C., Senator Cynthia Lummis shared her perspective that the role and future of cryptocurrency in the United States is becoming more politically significant. She emphasized that upcoming elections will hold great influence on this matter. Furthermore, she mentioned that advancements in mining technology could provide additional support for … Read more

Ethereum’s Ripple effect – Toncoin flips Cardano to hit $7 ATH

TON has reached a new all-time high. Key technical indicators suggest that TON’s price may continue to rise in the short term. The trading buzz around Toncoin (TON), the cryptocurrency connected to Telegram’s famous messaging platform, has led to its market value exceeding that of Cardano, according to CoinMarketCap’s latest figures. At present, the value … Read more

DFINITY launches web3 accelerator platform on the Internet Computer

The DFINITY Foundation, a Swiss-based, non-profit group that significantly supports the development of the Internet Computer blockchain, unveiled the Olympus Acceleration Platform. In a recent announcement, Olympus is identified as the initial decentralized, on-chain web3 accelerator, as stated in a press release. DFINITY describes it as a trailblazing platform, intended for teams globally to manage … Read more