Trump to launch World Liberty Financial crypto platform on Sept. 16

September 13, 2024 Coin Telegraph

Aave

In a video posted on X, Donald Trump announced that his World Liberty Financial crypto project would launch on Sept. 16.

Donald Trump’s crypto project World Liberty Financial will launch on Sept. 16, the former President and Republican presidential bidder announced.

In a Sept. 12 video posted on X, Trump said he would go live on the platform to launch the project controlled by his sons, Donald Jr. and Eric Trump.

“We’re embracing the future with crypto and leaving the slow and outdated big banks behind,” he said.

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation

September 11, 2024 Bitcoin.com

Biden

House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted that current regulatory frameworks were created for a system reliant on centralized intermediaries, not the decentralized, peer-to-peer […]

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

Accenture invests in Emtech to strengthen CBDC, fintech solutions

September 10, 2024 Coin Telegraph

Accenture

The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings.

Information and financial technology services company Accenture has invested in fintech startup Emtech, which provides software-as-a-service to central banks and fintech companies. Accenture plans to integrate Emtech products into its core banking services.

Emtech was founded in 2019 by former IBM Blockchain executive Carmelle Cadet. It counts seven central banks — those of Ghana, Nigeria, the Republic of Guinea, Liberia, Sierra Leone, The Gambia and the Bahamas — among its clients. It also created a central bank digital currency (CBDC) proof-of-concept for the Bank of the Republic of Haiti.

In addition to the infrastructure for CBDC, Emtech offers a regulatory sandbox feature and is developing a compliance feature for financial service providers. Emtech states that it has over 200 fintech clients. Cadet said in a statement:

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

47 Companies Apply to Operate in Turkey Under New Crypto Regulations

August 12, 2024 Bitcoin.com

Binance Turkey

Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with liquidation by specified deadlines, with legal repercussions for noncompliance. Turkey’s Capital Markets […]

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation

July 26, 2024 Bitcoin.com

bank of israel

The Bank of Israel has initiated the “Digital Shekel Challenge” to explore the potential of a central bank digital currency (CBDC) system inspired by the BIS Innovation Hub’s “Project Rosalind.” Fourteen teams from various sectors have been selected to propose innovative use cases. The challenge aims to integrate digital shekel with other payment systems and […]

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

Bitso Integrates Lightspark for Bitcoin Lightning Network

July 17, 2024 Bitcoin.com

Bitcoin

Bitso, a leading Latin American cryptocurrency platform, has announced its partnership with Lightspark to incorporate the Bitcoin Lightning Network into its services. This integration aims to enhance the speed and affordability of bitcoin transactions for Bitso’s users. Bitso Adds Lightning Support via Lightspark The integration of Lightspark Connect will allow Bitso‘s 8 million retail customers […]

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization

June 28, 2024 Coin Telegraph

Banque De France

The HKMA set up Project Ensemble months ago. Now we know why.

The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Understanding (MoU) on bilateral collaboration on wholesale central bank digital currency (CBDC) and tokenization. This work is in addition to the numerous larger projects the countries participate in together.

The HKMA and BDF will explore interoperability between their CBDC infrastructures and cross-border transaction settlement efficiency, the HKMA said in a statement. The BDF has infrastructure, called DL3S, in place for the introduction of a CBDC. The HKMA will use the Project Ensemble sandbox for their research.

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

Coinbase Challenges SEC’s Rulemaking Process, Argues for Clear Regulations on Digital Assets

June 1, 2024 Bitcoin.com

bitcoin.com

Coinbase, Inc. has escalated its dispute with the Securities and Exchange Commission (SEC) by filing a reply brief in the Third Circuit Court of Appeals, arguing the necessity of clear rulemaking for the digital asset industry. The case underscores the ongoing tensions between regulators and the digital asset sector over compliance and operational standards. Coinbase […]

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

Mastercard Launches Crypto Credential Service for Simplified Cross-Border Transactions

May 29, 2024 Bitcoin.com

bitcoin.com

Financial giant Mastercard has initiated its first real-world application of the Crypto Credential system, a system aimed at facilitating easier and more secure peer-to-peer (P2P) cryptocurrency transactions. The service, which allows users to transfer cryptocurrencies using simple aliases, has gone live across several exchanges in Europe and Latin America. Mastercard Launches Crypto Credential, Aiming for […]

Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024

Stablecoin Wars: Circle Executive Tells Congress That U.S. Treasury Department Should Probe Rival Company Tether

February 17, 2024 The Daily Hodl

Altcoins

A Circle executive told Congress this week that she hopes the U.S. Treasury Department considers taking action against Tether. Caroline Hill, senior director of global policy and regulatory strategy at Circle, testified before the House Subcommittee on Digital Assets, Financial Technology, and Inclusion on Thursday. Circle issues USDC, the second-largest stablecoin by market cap. Representative […]

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