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Stellar Development Foundation Invests $5M in Crypto Payments Firm Wyre

Stellar Development Foundation Invests $5M in Crypto Payments Firm Wyre

A Wyre integration will introduce a variety of APIs that can be used by financial apps on the Stellar network.

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US Man Installs Crypto Mining Rig in Hybrid BMW Sportscar

While it can be powered by the hybrid car’s battery, the boot needs to stay open to avoid overheating.

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South Korean Tax Agency Carries out Irregular Audit on Crypto Exchange Operator

The team of investigators requested past data and transaction details from Korea Digital Exchange.

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Analyzing Christine Lagarde’s latest digital euro comments

Quick Take

  • The Governing Council of the European Central Bank (ECB) recently met to discuss the latest monetary policy updates for the eurozone. 
  • During the subsequent press conference, ECB President, Christine Lagarde was asked a question about the digital euro, specifically why the digital euro is good for citizens of the European Union (EU)? 
  • The Block Research breaks down Lagarde’s response by highlighting the key takeaways. Further, we provide additional context using publicly available information related to the digital euro initiative.

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Overstock Turns Medici Ventures Into a Fund to Reap Value of Blockchain Assets

“We remain bullish on blockchain technology but are changing the way we interact with these asset,” said CEO Jonathan Johnson.

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Philippines Issues Crypto Industry Guidelines to Guard Against Money Laundering

New guidelines bring the nation’s digital asset industry in line with Financial Action Task Force standards.

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Gemini Exchange Adds Local Currency, DeFi Tokens in Singapore Expansion

The exchange has increased the trading options for Singapore users, including several DeFi tokens.

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What Is Guggenheim Partners?

Guggenheim Partners is part of the next wave of institutional investment firms looking to step into Bitcoin.

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India’s central bank says it is exploring the possibility of digital currency

The Reserve Bank of India (RBI), the country’s central bank, has said that it is exploring the need for digital currency.

The post India’s central bank says it is exploring the possibility of digital currency appeared first on The Block.

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Janet Yellen confirmed as the Biden administration’s Treasury Secretary

Janet Yellen has been confirmed as Treasury Secretary by the U.S. Senate.

The post Janet Yellen confirmed as the Biden administration’s Treasury Secretary appeared first on The Block.

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