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Russia’s financial regulator maintains that its anti-money laundering system, including strengthened virtual currency regulations, remains effective even if the country faces potential blacklisting by the Financial Action Task Force (FATF). The agency...
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Grayscale filed to convert its $524M Digital Large Cap Fund into an ETF. The fund includes BTC, ETH, Solana, XRP, and Avalanche among its holdings. This is Grayscale’s third ETF conversion after its Bitcoin and Ethereum funds. Grayscale Investments has taken a...
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Hermetica, the creator of USDH, a Bitcoin-backed, yield-bearing synthetic dollar, has secured $1.7 million in seed funding. The round, led by UTXO Management, will accelerate the development of USDH, a stablecoin that operates on Bitcoin’s layer one (L1) and...
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Dogecoin (DOGE), a fan-favorite cryptocurrency with a history of community-driven growth, is now a disappointment to many investors. This is because, unlike their counterparts, DOGE has failed to take advantage of the widespread effects of the market movements, which...
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A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries like Zimbabwe escape... Translate »