China is gearing up to allow banks to pay interest on digital yuan holdings, a bold and game-changing step aimed at fast-tracking the adoption of its central bank digital currency. This thrilling move marks a major leap toward making the digital yuan an essential part of daily transactions nationwide
Argentina is on the brink of a groundbreaking regulatory shift that will empower domestic banks to offer cryptocurrency services. This bold initiative seeks to drive financial inclusion and ignite innovation, riding the wave of soaring crypto adoption, The Block reports
Crypto VC powerhouse Paradigm has just made its debut investment in Brazil, injecting $13.5 million into the promising Brazilian stablecoin startup Crown, The Block reveals. This strategic funding is set to accelerate the adoption of stablecoins across Latin America, opening new doors for the region’s crypto landscape
China’s central bank has doubled down on its cryptocurrency ban, shining a sharp spotlight on the risks posed by stablecoins after a high-level multi-agency meeting, highlighting ongoing concerns over financial stability
Japan’s ruling party has proposed capping the tax rate on cryptocurrencies at 20%, aligning it with the tax rate for stocks. This move aims to stimulate investment in digital assets and enhance the country’s attractiveness in the evolving crypto landscape.
