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Crypto News
Canadian Bank Staff Note Considers DEFI’s Impact and Challenges
A detailed staff note on DeFi was published by the Bank of Canada. As a settlement layer, the Ethereum blockchain is DeFi's primary basic layer.
The Bank of Canada published a detailed!-->!-->!-->…
BitGo Acquires Cryptocurrency Investment Management Firm HeightZero
No mention of the transaction's financial terms was made.
HeightZero, a software solution provider for financial managers whose customers may seek to invest in cryptocurrency and digital!-->!-->!-->…
Polygon technology will replace Optimism as Manta Pacific’s zkEVM Layer 2 platform
Blockchain, Level 2 As part of the modular Manta Network, Manta Pacific is switching from a Caldera-modified version of Optimism's OP Stack to Polygon's Chain Development Kit in order to!-->…
BlackRock denies social media reports that the SEC has approved its spot bitcoin ETF
Social media speculation that the fund had been authorized led to a sharp increase in the value of the most valuable cryptocurrency in the world.
BlackRock said on Monday that the SEC!-->!-->!-->…
Grayscale Announces Plan of Action for Spot Bitcoin ETF Following SEC’s Denial of Appeal
In a major decision for the cryptocurrency market, the Securities and Exchange Commission (SEC) has decided against rehearing Grayscale Investments LLC's application to transform its!-->…
The Australian Treasury is planning to publish a draft of crypto law by 2024
The Australian Department of Treasury has indicated that it would continue to take input on the draft bill through the month of December.
According to a consultation document that was!-->!-->!-->…
Nigeria’s government has allocated $290k to fund AI projects
In an effort to promote the wider use of AI for the sake of economic development, the Nigeria Artificial Intelligence Research Scheme was recently created.
The Nigerian government plans!-->!-->!-->…
Governor of California Signs Cryptocurrency Regulation Bill
The cryptocurrency measure proposed by California Governor Gavin Newsom has been signed into law.
Assembly Bill 39, also known as the Digital Financial Assets Act, was signed into law by!-->!-->!-->…
Ferrari is to start taking cryptocurrency in the United States and is looking to expand into Europe
In the United States, luxury sports car manufacturer Ferrari has begun to accept cryptocurrency payments.
Enrico Galliera, Ferrari's chief marketing and commercial officer, told Reuters!-->!-->!-->…
The Gensler debate and the road to digital asset peace and agreement
The bumpy road Gensler has been on as digital assets gain prominence in international banking.
Digital assets are the next step forward in the development of the internet and should be!-->!-->!-->…