Microstrategy’s stock (Nasdaq: MSTR) has risen 206% after the company adopted bitcoin as its primary treasury reserve asset. The business intelligence firm now holds 152,800 bitcoins, acquired for a total cost of $4.53 billion, and it has plans to buy even more.…
Stablecoins are driving dollar adoption globally and there is high demand for dollar-denominated stablecoins in non-US markets.
This week, the CEO of Circle reported that 70% of demand for USDC comes from outside the US, especially from emerging economies.
Such demand could…
The South African Mint has announced the final offering in the popular Big 5 Series II coin range, which features the Buffalo and is available in gold, platinum and silver.
Series II mirrors the reverse design of Series I, in that two…
The U.S. Federal Reserve is expanding its oversight over digital asset activities for commercial banks as it seeks to promote innovation while protecting the sector’s integrity.
In its announcement, the Fed revealed the new program is geared toward supervising novel activities in the…
We are thrilled to announce the launch of Roqqu, a revolutionary platform that brings the world of cryptocurrency to the people of Ghana. Roqqu is more than just a cryptocurrency exchange; it's your all-in-one solution for quickly buying, selling, and managing digital…
Without a cash withdrawal option, Kenyans are turning to the country’s informal crypto economy — and some are losing their coins in the process.
Officially launched on July 24, Worldcoin gives 25 WLD tokens as a signup bonus to new registrants.
With…
Small farmers in the developing world may be on the cusp of an agricultural breakthrough. With emerging technologies like satellite imagery, drones and machine learning boosting productivity, it’s becoming more viable than ever to sell their produce in places like Western Europe. …
PayPal USD becomes first stablecoin by a global payments giant
Company sees a number of ways to monetize stablecoins
PayPal Holdings Inc., which became the first global payments firm to launch a stablecoin on Monday, plans to generate revenue from the product from its use…
Revenue more than tripled to $81.8 million in second quarter
The crypto miner sold over 1,800 Bitcoin in the last quarter
Marathon Digital Holdings Inc.’s second-quarter loss narrowed and revenue jumped as the Bitcoin miner increased sales of the cryptocurrency in the…
Cryptocurrencies may continue to flourish even in the wake of greater adoption of formal digital currencies by central banks.Evidence from countries that have successfully rolled out digital versions of their fiat currencies, shows that the Central Bank Digital Currencies (CBDCs) are not…