The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted.
Ripple acquires stake in cross-border payments firm
Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia.
Stablecoin reserves on crypto exchanges hit new historic high of $10B
Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin.
Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports
The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report.
90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says
The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said.
Former OCC official says crypto has backing but dollar ‘may not’
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”
China’s digital yuan os backup to AliPay and WeChat Pay, says official
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.
Russia’s Hermitage museum to host NFT art exhibition
The NFT exhibition will be part of the “Hermitage 20/21” project.
Theta Network’s token enters top-10 cryptos by market capitalization
The Theta Network’s native token continues to hit new all-time highs.
OKEx Korea crypto exchange to shut down as new reporting laws take effect
OKEx Korea announced that it’s shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday.
Amid ban rumors, billionaire Nandan Nilekani says crypto can help Indians
Co-founder of major Indian tech company Infosys Nandan Nilekani has urged the government to help MSMEs access capital using Bitcoin.
China’s digital yuan will offer best privacy protection, says official
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs.
South Korean internet giant Naver reportedly joins Bithumb stake race
Naver is reportedly looking to strengthen its position in the crypto industry with a potential equity stake in South Korea’s largest crypto exchange.
Microsoft reportedly polling Xbox users about Bitcoin payment option
Microsoft wants to know if gamers would spend crypto at the Xbox online store.
Manchester City soccer club launches fan token with Socios
English Premier League soccer club Manchester City is debuting a blockchain-based fan token, promising free tokens for registered Cityzen fans.
Bitcoin is now ‘too important to ignore’, Deutsche Bank says
Global banking giant Deutsche Bank expects governments to start regulating Bitcoin by the end of 2021.
Buyer of Beeple’s $69M NFT on Christie’s discloses identity
MetaKovan, the pseudonymous founder of NFT fund Metapurse and buyer of Beeple’s $69 million NFT, has revealed himself.
Fireblocks crypto startup raises $133M in funding round with BNY Mellon
BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry.
Pakistani province to pilot crypto mining farms
The Pakistani province of Khyber Pakhtunkhwa will build two pilot cryptocurrency mining firms as part of a new state policy.
Putin issues orders to combat ‘illegal cross-border transfers’ of digital assets
Russia is apparently preparing to scrutinize cross-border cryptocurrency transactions for potential illegal activity.