The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges. The Bank for International Settlements (BIS) and the Financial Stability Board (FSB) have both released a series of papers ahead of the Group of 20 (G20) Finance Ministers and Central Bank...Continue Reading

The partnership was originally announced in mid-2023 ahead of the launch of FedNow. Digital banking network Metallicus announced the completion of its testing and certification phase and the launch of its services on the United States Federal Reserve’s FedNow instant payments platform.  The Oct. 22 announcement comes more than a year after the Fed announced...Continue Reading

Gustavo Rodriguez, who was initially scheduled to be sentenced following his conviction for conspiracy to commit wire fraud, will testify under oath on Oct. 25. Gustavo Rodriguez, one of the promoters of the cryptocurrency mining and trading firm IcomTech convicted of wire fraud, will have a few more days to prepare for his testimony and...Continue Reading

Bitcoin’s upcoming price recovery will be driven by a handful of unique factors.  Bitcoin (BTC) dropped 4.1% between Oct. 21 and Oct. 22 after facing resistance at $69,500. This correction wiped out the previous week’s gains, leading traders to question whether the $67,000 level can be reclaimed and what factors might support a price reversal....Continue Reading

The hedge fund veteran also suggests holding gold, commodities, and technology stocks.  Paul Tudor Jones is longing Bitcoin (BTC) and other commodities because “all roads lead to inflation” after the United States’ November presidential election, the veteran investor told CNBC on Oct. 22. “I probably have some basket of gold, Bitcoin, commodities and NASDAQ [technology...Continue Reading

Bitcoin’s brief rally to $69,000 maybe have been “driven by speculation” for a Trump victory. Meanwhile, BTC options traders say $80,000 is programmed. Crypto market participants are increasingly buying more Bitcoin (BTC) whenever sentiment leans toward Donald Trump’s stronger odds of winning the United States presidential election, according to crypto analysts. “There has been increasing...Continue Reading

Residents of the Argentine capital now have access to decentralized digital IDs on their mobile devices, powered by the scaling protocol ZKsync Era.  The capital of Argentina, Buenos Aires, has announced the implementation of blockchain technology and zero-knowledge cryptography for the issuance of digital identities.  According to local media reports, the government disclosed on Oct....Continue Reading

In an interview with Bloomberg, Gary Gensler suggested he had no plans to alter the SEC’s course on its “regulation by enforcement” approach to crypto. Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), has had mixed messages about cryptocurrencies since taking charge of the regulatory body in 2021. In an Oct....Continue Reading

Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.  On Oct. 21, decentralized exchange (DEX) Raydium beat the Ethereum network in 24-hour revenue, according to DefiLlama. Raydium, which is hosted on the Solana blockchain, clocked $3.4 million in fee revenue during the day versus $3.35...Continue Reading

The company says the feature is “still experimental—at times cumbersome and error-prone” but hopes developer feedback will accelerate its development. Artificial intelligence company Anthropic announced the launch of a new version of its Claude AI model alongside a developer’s beta for “computer use” on Oct. 22.  The computer use beta will allow developers working with...Continue Reading