As the 2024 election cycle approaches, three political action committees (PACs) backed by influential figures in the cryptocurrency industry are preparing to make a significant impact with a $78 million war chest. The alliance, consisting of Fairshake and its affiliated super PACs, Protect Progress and Defend American Jobs, aims to shape the political landscape by […]
A group of super PACs, backed by cryptocurrency executives and investors, has raised around $78 million to support pro-crypto political candidates in the 2024 US elections. This initiative aims to sway the elections in favor of candidates who are supportive of cryptocurrency and blockchain innovation.Key players in this effort include prominent cryptocurrency firms like Ripple […]
Crypto exchange Coinbase has expanded its services in Singapore by announcing support for USD transfers. Retail customers in Singapore can now deposit or withdraw USD using their Coinbase accounts through the SWIFT network. This move is part of Coinbase’s plan to increase its presence in the Singapore market.With the introduction of commission-free trading for US […]
Crypto exchange Coinbase has expanded its services in Singapore by announcing support for USD transfers. Retail customers in Singapore can now deposit or withdraw USD using their Coinbase accounts through the SWIFT network. This move is part of Coinbase’s plan to increase its presence in the Singapore market.With the introduction of commission-free trading for US […]
The Ministry of Finance of Palau has launched the second phase of the Palau Stablecoin (PSC) initiative. The PSC is a stablecoin that is fully backed by US dollar cash balances and is issued and managed by the Palau Ministry of Finance.In this new phase, the PSC project team plans to utilize Ripple’s Central Bank […]
Crypto leaders in the United States have raised a total of $78 million for super PACs, with the aim of increasing the presence of lawmakers who are friendly towards the cryptocurrency industry. The entities that have shown support for Fairshake, one of the political action committees, include prominent names such as Andreessen Horowitz, Coinbase, and […]
The Swiss people’s concerns about immigration, job competition, and aggressive behavior from foreign neighbors have influenced their voting decisions. However, there are supporters of the framework agreement who are often underestimated, including major Swiss corporations, universities, and colleges.The SVP party led by Blocher has posed challenges for the biggest taxpayers in Switzerland. Similarly, in Germany, […]
The financial ecosystem is undergoing a significant transformation with the emergence of the ISO 20022 standard. This global standard, designed by the International Organization for Standardization (ISO), aims to replace the long-standing SWIFT messaging system used by banks. ISO 20022 harmonizes operational goals across industries, prioritizes environmental consciousness, enhances trade practices, and improves interoperability among […]
The Republic of Palau is making significant progress in its stablecoin project, with the launch of the second phase powered by Ripple’s XRPL technology. The Palau Stablecoin (PSC) pilot program aims to improve financial accessibility and facilitate transactions in Palau.The PSC stablecoin is a U.S. dollar-linked token held at a commercial bank with FDIC insurance. […]
The Ministry of Finance in Palau has launched the second phase of the Palau Stablecoin (PSC) Program. This program aims to establish a digital currency pegged to the U.S. dollar at a 1:1 ratio. The PSC is stored in a commercial bank with FDIC insurance and is issued on the XRP Ledger. Palau plans to […]
