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BitGo’s managing director of EMEA says that many corporates are inquiring about allocating a small part of their balance sheet to bitcoin.

The post BitGo exec: Corporates are asking weekly to add bitcoin to their balance sheet appeared first on The Block.

Quick Take

• Cardano is a proof-of-stake blockchain platform with a stated focus of bringing security and sustainability to decentralized financial applications and ecosystems. 
• The Cardano team is split across three independent Cardano-centric entities, including the Cardano Foundation, IOHK, and Emurgo.
• Cardano was funded by the ICO (initial coin offering) of its native ADA token, with a debuted market cap of $600 million which now exceeds $69 billion.
• Before the Alonzo hard fork, the Cardano Blockchain was limited in ability but now offers smart contract capabilities and support on its platform
• Users and developers can now deploy smart contracts on the Cardano Blockchain, which self execute upon meeting the contract’s predefined conditions, thereby gaining the ability to run dapps.

MoneyGram is partnering with the Stellar Development Foundation to enable crypto payouts in local currencies for users.

The post MoneyGram looks to Stellar and USDC to enable local currency payouts appeared first on The Block.

A recent publication from Federal Reserve staff highlights threats to the dollar’s dominance.

The post Digital currencies could ‘reduce reliance on the U.S. dollar’ says new Fed paper appeared first on The Block.

The price of bitcoin is back above $50,000 today, meaning the cryptocurrency’s market capitalization has once again eclipsed $1 trillion. 

The post Bitcoin’s market cap is back above $1 trillion appeared first on The Block.

A senior U.S. Department of Justice official said Wednesday that the department is forming a “National Cryptocurrency Enforcement Team” focused on cybercrime and money laundering.

The post Department of Justice announces crypto-focused ‘enforcement team’ appeared first on The Block.

Binance USD (BUSD) has become one of the fastest-growing cryptocurrencies in the world, with a variety of use cases and growing demand amid the continued growth of the crypto markets.

The post Binance USD (BUSD): A Case Study for Stablecoin Compliance and Security appeared first on The Block.

Zelensky’s office rejects the bill’s proposal to set up new regulator for crypto, preferring existing securities authority.

The post Ukraine’s president returns long-awaited crypto bill to Parliament, seeking regulatory revisions appeared first on The Block.

The Dubai-based crypto exchange BitOasis has closed a $30 million funding round.

The post Dubai crypto exchange BitOasis raises $30 million funding round appeared first on The Block.

DeFi project Strips Finance has raised $8.5 million to launch an exchange for trading interest rates.

The post DeFi project Strips Finance raises $8.5 million to launch interest rates trading platform appeared first on The Block.