Global Adoption

Tether Announces Plans for UAE Dirham-Pegged Stablecoin

Stablecoin issuer Tether has revealed it plans to develop a new stablecoin pegged to the United Arab Emirates Dirham (AED).  Calling the UAE a…

2 years ago

China Classifies Crypto Transactions as Money Laundering in Update to AML Law

On Monday, Chinese authorities explicitly recognized “virtual asset” transactions as a method of money laundering, marking the first instance in…

2 years ago

Latin American E-Commerce Giant Mercado Libre Launches U.S. Dollar-Tied Stablecoin

Mercado Pago, the digital bank unit of Latin America's largest company, Mercado Libre (MELI), said on Wednesday that it is…

2 years ago

Japan’s Central Bank Officially Announces Every Bank in Japan Will Adopt XRP by 2025

In a groundbreaking move, Japan’s Central Bank has officially announced that by 2025, every bank in the country will adopt…

2 years ago

The First Gas Station Starts Accepting Bitcoin in Canada

Canada has taken a big step in embracing cryptocy by opening its first gas station that accepts Bitcoin as payment.…

2 years ago

El Salvador Announces $1.6 Billion Investment That Will Kickstart ‘Bitcoin City’

El Salvador is getting a massive infrastructure investment that’s expected to support the buildout of its visionary “Bitcoin City.” The…

2 years ago

Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans

Brazilian centralized crypto exchanges are starting to offer crypto-based products in Brazil. Mercado Bitcoin, one of the largestcryptocy exchanges in the…

2 years ago

Brazil’s Securities and Exchange Commission Approves Solana-Based ETF

The Brazilian Securities and Exchange Commission (CVM) has approved a Solana-based exchange-traded fund (ETF), the agency disclosed in its central…

2 years ago

Bahamas Passes Crypto Law Designed to Prevent FTX, Terra Disasters

The Bahamas has passed a new crypto law which aims to adapt to how the industry has changed since 2020, following…

2 years ago

Russia Passes Bill to Legalize Crypto to Dodge International Sanctions

Russian lawmakers voted to legalize cryptocurrencies for international settlements in an apparent effort to dodge sanctions imposed by Western countries.…

2 years ago