Citi predicts the stablecoin supply will remain US dollar-denominated, with non-US countries likely using CBDCs instead. Regulatory changes could be the catalyst to spark significant adoption of stablecoins and blockchain tech in 2025, according to investment banking giant Citigroup. “2025 has the potential to be blockchain’s ‘ChatGPT’ moment for adoption in the financial and public...Continue Reading
A multitude of execution layers with different block times gives Ethereum a unique value proposition, Avail co-founder Anurag Arjun said. Ethereum’s focus on scaling through many layer-2 networks, each with its own transaction processing speed and parameters, potentially gives the network an unlimited number of unique high-throughput chains, according to Anurag Arjun, co-founder of Avail,...Continue Reading
The Fed is rescinding its supervisory letter from 2022 that called for notification in advance of planned or ongoing crypto-asset activities. The US Federal Reserve has announced it would withdraw guidance for banks engaging in crypto asset and stablecoin-related activities. ”The Board is rescinding its 2022 supervisory letter establishing an expectation that state member banks...Continue Reading
The municipality said the Satoshi artwork, set to be released on May 1, had been designed by a local artist and financed by the Fornelli government. The Italian municipality of Fornelli in the Molise region of Italy will be dedicating a monument to pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto. In an April 23 Facebook post...Continue Reading
The ETF is waiting for US regulatory approval alongside roughly 70 other proposed crypto funds. The US Securities and Exchange Commission (SEC) has delayed a decision on whether to approve a proposed exchange-traded fund (ETF) holding Polkadot’s native token, regulatory filings show. According to an April 24 filing, the regulator has extended its deadline for...Continue Reading
Clues suggest that Pokémon is headed to Sui, a Filipino Cardinal is a leading Pope candidate on Polymarket, and more. Asia Express Pokmon and crypto fans are speculating that the beloved monster-collecting universe could be taking its first steps into Web3 via the Sui blockchain. On April 23, The Pokmon Company released an update for...Continue Reading
Traders say ETH price fell to a “generational bottom,” but historical and network activity data suggest that this is not the case. Ether (ETH) price has climbed above $1,700 after 16 days of selling pressure caused by macroeconomic uncertainty and a sharp decline in onchain activity. Despite the rebound, Ether has underperformed the broader altcoin...Continue Reading
According to Ava Labs’ Morgan Krupetsky, Axiym abstracts the blockchain layer, allowing users to interact with the platform much like they would with a traditional financial service. Global cross-border payment platform Axiym is targeting the rising demand from money services businesses (MSBs) for blockchain-based infrastructure and stablecoin solutions for international transactions, the company told Cointelegraph....Continue Reading
Common topics in the comments included investments in American energy, national security, and improved infrastructure for the AI industry. The White House said on April 24 that it received more than 10,000 public comments on its planned artificial intelligence action plan, indicating widespread interest in the technology as the global race for AI leadership accelerates....Continue Reading
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