Elrond’s main goal is to implement Twispay’s e-money license for issuing stablecoins that can be used in the European Union.
Category: Regulation News
CBDCs will not impact private stablecoin market, says Tether CTO
Tether chief technology officer Paolo Ardoino claimed CBDCs would primarily replace the age-old payment systems and utilize private blockchain as a modern and cost-controlled tech […]
Crypto-friendly Yoon Suk-yeol wins South Korean presidency, ICX surges 60%
Crypto-friendly candidate Yoon Suk-yeol has claimed victory in the South Korean presidential election, with the token used to mint his signature as an NFT surging […]
Crypto-related stocks jump in positive reaction to executive order
Crypto and blockchain-related companies have enjoyed a surge in prices after the market received Joe Biden’s executive order with open arms.
Binance unveils plans for world domination by buying up companies in every sector
In the wake of increasing regulatory scrutiny, Binance has sought to diversify its revenue streams and increase crypto adoption further by acquiring traditional companies in […]
Regulators and industry leaders react to Biden‘s executive order on crypto
“The proverbial doors of policymakers are wide open, this is now a national conversation in the U.S.,” said Circle CEO Jeremy Allaire.
Sanctions on Russia and Belarus will include crypto — European Commission
The expansion of sanctions follows the commission announcing in February that it would be removing several Russian banks from the SWIFT cross-border payment network.
Russian Parliament working group: There should be ‘mechanisms to control crypto transactions’
The working group weighed in on the side of the Finance ministry in a call to regulate, not ban crypto.
Senator Warren seizes on fears over crypto and sanctions with new bill
If passed, Elizabeth Warren’s new draft crypto bill will require local crypto exchanges to submit “detailed records” to the Treasury Department of customers‘ identities and […]
The Philippines to launch pilot CBDC implementation
BSP Governor Benjamin Diokno says that the goal of the project is to enhance “the payment system’s safety, resiliency, and efficiency.”