Nayib Bukele's government has agreed to walk back its pro-BTC stance to secure a $1.3 billion IMF loan, saying that BTC would be voluntary and would embrace fiscal reforms.
In 2024, key trends in the blockchain space include global authorities focusing on regulating stablecoins, block reward mining, and enforcing rules for digital assets.
Ripple says choosing NYDFS for its newly minted RLUSD will help increase the token's acceptance. Elsewhere, Tether continues to look for relevance in the EU amid USDT's inaccessibility in the region.
It would take more than mere popularity before corporations invest in BTC, as shown in Microsoft's rejection of a Bitcoin proposal and Amazon's reluctance to consider BTC in diversifying its assets.
The Philippines' financial ecosystem is set for a major transformation following the conclusion of Project Agila, a move that puts the country a step closer to launching a wholesale CBDC.
The legislator urged the finance minister to explore the feasibility of a BTC reserve, noting that 'crypto' remains Russia's only option following sanctions.
Google claims that Willow can eliminate common errors associated with quantum computing, while Bernstein analysts noted that Willow's 105 qubits cannot breach Bitcoin's ECDSA.
OpenAI launched "Sora Turbo," while Google officially announced Gemini 2.0, which it claims will usher in a new era of "agentic" AI. Additionally, X expanded access to its AI chatbot, Grok.
BiT Global claims that Coinbase's delisting of wBTC was a move to ensure that the exchange will remain a dominant player in the U.S. exchange market and keep profits for itself in the long run.
The U.K. Prudential Regulation Authority requested businesses to take into account any current and future plans of digital asset exposure up to September 30, 2029.