The Central Bank of Brazil has opened applications for companies to join the second phase of its CBDC pilot, Drex, which aims to enhance the financial system through tokenization and explore complex use cases like loans and carbon credits.
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Category: Cryptocurrencies
TD Group Did Not Disclose “Suspicious” Crypto Activity, FinCen Says
A new Financial Crime Enforcement Network (FinCEN) report alleges TD Bank did not disclose “suspicious activity” involving two international crypto exchanges. The legal filing comes amid the financial institution’s $3 billion penalty for breaking AML provisions.
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Shiba Inu Price Analysis: Shytoshi Kusama Teases “Back to the Future” Collaboration – Will It Drive SHIB to New Highs?
The Shiba Inu (SHIB) price is advancing nicely on Monday in tandem with a broader push higher in the crypto markets.
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UAE Approves In-Principle License to First AED Stablecoin Issuer
The Central Bank of the UAE has granted in-principle approval to AED Stablecoin, marking it as the first regulated dirham-pegged stablecoin issuer, aligning with the nation’s Digital Government Strategy 2025 and overall enhancing the financial system through tokenization.
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El Salvador Survey: Only 7.5% of Citizens Use Bitcoin
Only 7.5% of El Salvador citizens say they use Bitcoin (BTC) to make transactions, a new survey has found.
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Google Search Stops Displaying Bitcoin and Crypto Price Data
Google Search has stopped displaying Bitcoin and cryptocurrency price charts directly, though they remain accessible via Google Finance.
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Vitalik Buterin Converts $1.6M in Meme Coins to Ether for Charitable Donations
Ethereum co-founder Vitalik Buterin has converted meme coins worth $1.6 million into Ether set to be donated to various charitable causes.
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Bitcoin Price Analysis: BTC Nears $65,000; BlackRock’s AI Strategy and Saylor’s 1,620% Gain
Bitcoin approaches the $65,000 mark as BlackRock’s AI-driven strategy and Michael Saylor’s 1,620% stock gain fuel market optimism.
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YouTuber MrBeast Accused of Making Millions from Low-Cap Token Pump-And-Dump Schemes
YouTuber MrBeast, known for his massive online presence, is accused of making over $10 million by promoting low-cap crypto tokens, profiting from price surges before dumping them, raising concerns about pump-and-dump schemes.
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Telegram to Open Local Office in Kazakhstan to Enhance Regulatory Compliance
Messaging platform Telegram is set to establish a local office in Kazakhstan to improve communication with local authorities and manage platform content more effectively.
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