Sumitomo Mitsui Banking Corporation (SMBC) announced the development of a new stablecoin. The digital asset is expected to be integrated into payment systems and real-world asset (RWA) tokenization. SMBC, Japan’s…

In 2024, the share of coal-based energy used in Bitcoin mining dropped to 20%, a decrease of three times compared to 2011 levels. These figures reflect a growing trend of…

Sony Electronics started accepting crypto payments via the Crypto.com Pay platform, allowing users of its online store in Singapore to pay for goods using the USDC stablecoin. Sony Electronics, in…

Circle’s net profit from USDC usage is nearly five times lower than the amount it pays crypto exchange Coinbase for distributing the stablecoin. Circle Internet Group, the issuer of USDC,…

The Hashgraph team introduced a new permissioned blockchain based on Hedera technology, enabling corporate clients to meet regulatory requirements when deploying and using DLT solutions. Hashgraph, a developer of Web3…

The Republic of Vanuatu, a popular offshore jurisdiction, established a legal framework regulating the digital assets market and ensuring a licensing regime for crypto companies. Vanuatu’s Parliament passed the Virtual…

Gelato introduced a new Blockchain-as-a-Service (BaaS) platform built on Avalanche, providing devs the ability to create sovereign blockchains using Avalanche InterChain Messaging (ICM). The new service was launched alongside the…

The Federal Deposit Insurance Corporation (FDIC) removed the requirement for banks and financial institutions to notify the regulator in advance about planned crypto-related activities. FDIC representatives repealed the requirement (FIL-16-2022)…

The Central Bank of the UAE approved a new symbol for the national currency and confirmed plans to launch the digital dirham (CBDC) in Q4 2025 as part of a…