The Central Bank of the UAE has granted a no-objection certificate to the dirham-backed stablecoin DDSC, allowing it to list on regulated exchange platforms. Federal Oversight and the Retail Transition The UAE dirham-backed stablecoin DDSC has reportedly secured a no-objection certificate from the Central Bank of the UAE. The approval opens the door for DDSC […]
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A Queensland mother learned she’d won 1.6 million Australian dollars, about $1.1 million, in the June 6 Saturday Gold Lotto after spotting a Facebook post from the Lott Members Club about a winning ticket sold near her. Because the ticket wasn’t registered, the couple only confirmed the jackpot after checking the numbers, and they plan […]
The South African Revenue Service (SARS) has published its guidance on the taxation of crypto assets to standardize compliance for an estimated 6 million local users. SARS Targets Six Million Users The South African Revenue Service (SARS) has released guidance on the taxation of crypto assets, a major regulatory push to standardize compliance across the […]
Crypto exchange VALR is introducing perps, a new derivatives product offering over 200 cross-asset perpetual futures markets. Evolution of the Perpetuals Market Cryptocurrency exchange VALR announced it is preparing to roll out a major expansion of its derivatives offering with the launch of “Perps,” a cross-asset perpetual futures product that will introduce more than 200 […]
A wide-ranging product recap showed how Coinbase has advanced its “every asset, every market, one platform” strategy across trading, payments, artificial intelligence, stablecoins, and on-chain infrastructure. How Coinbase Is Building Beyond Crypto Trading Crypto exchange Coinbase (Nasdaq: COIN) published on July 1 a monthly recap outlining progress toward making more assets tradable through a single […]
Ripple joined America250’s Giving 4th campaign on July 4 with a pledge to match donations in XRP supporting the Call of Duty Endowment. The effort links Independence Day charitable giving with programs helping veterans move into civilian jobs. Why Did Ripple Join the Giving 4th Campaign? Ripple announced on July 4 its participation in Giving […]
Grayscale says Solana’s growing application ecosystem is driving major on-chain activity, with the network averaging more than 100 million daily transactions year-to-date and supporting more than 1,000 decentralized applications. Why Applications Are Fueling Solana’s Growth Solana’s recent growth is being tied directly to the applications running on its network, according to Grayscale Head of Research […]
Central banks added a net 41 tonnes of gold to official reserves in May, World Gold Council data published July 2 shows, extending a buying wave that has averaged 1,000 tonnes a year over the past four years. A record 45% of reserve managers expect their own institutions to add more within the next 12 […]
Onchain investigator ZachXBT publicly corrected the official Ethereum X account on July 4, pointing out that privacy company Proton accepts only bitcoin, not ether, as a cryptocurrency payment option for its subscriptions. The Callout Replying directly to a post from Ethereum’s official account, ZachXBT wrote on X: “Proton does not currently accept Ethereum as payment […]