Tether Announces Development of UAE Dirham-Pegged Stablecoin
In a significant move within the digital asset industry, Tether, the world’s largest stablecoin issuer, has unveiled plans to introduce a new stablecoin pegged to the United Arab Emirates Dirham (AED). This announcement marks a strategic collaboration between Tether, the UAE’s multi-billion dollar tech conglomerate, Phoenix Group PLC, and Green Acorn Investments Ltd. The Dirham-pegged […]
MetaMask, Mastercard, and Baanx Unveil New Crypto Payment Card
MetaMask, in partnership with Mastercard and Baanx (Crypto Life), has launched the pilot of the MetaMask Card. This innovative Mastercard payment card allows users to make direct purchases using the crypto in their MetaMask wallets, wherever Mastercard is accepted. Lorenzo Santos, Senior Product Manager at Consensys, commented on the launch, stating, “The MetaMask Card pilot […]
Apple Announces New NFC Functionality: A Boost to Crypto and Stablecoin Payments?
Apple will soon allow developers to integrate NFC contactless transactions directly within their apps using the Secure Element, independent of Apple Pay and Wallet. Starting with iOS 18.1, this new capability will open avenues for cryptocurrency payments, digital IDs, and more within apps. Leveraging advanced security features like the Secure Enclave and biometric authentication, this […]
Unlocking the Potential of Web3 in Financial Services | Poundcast Episode 18
In episode 18 of the Poundcast, we welcome Rita Martins, author of the book “Web3 in Financial Services: How Blockchain, Digital Assets and Crypto are Disrupting Traditional Finance”. Rita discusses her career journey from consulting roles at Accenture and HSBC to her current focus on blockchain technology in finance. During this episode, Rita elaborates on […]
Digital Money Event (23 October 2024)
Details Location: London, United KingdomDate: Wednesday 23 October 2024Organised by: Digital Pound Foundation Description The Digital Money Event 2024 is the destination annual event for discussing the implementation of a digital Pound in both public and private forms. Assembling up to 200 guests, our members, partners, fintechs, policymakers, leading academics and the media will meet to […]
Exploring Ripple’s New Stablecoin and Its Impact on the XRP Ledger, with David Schwartz and Monica Long
In the latest episode of Block Stars, Ripple CTO David Schwarz engages in a comprehensive discussion with Ripple President Monica Long about the company’s strategic entry into the stablecoin market. Monica, a Ripple veteran since 2013, shares her insights on the company’s evolution and the significance of launching their own stablecoin to meet the rising […]
Wirex and Visa Announce Partnership to Enhance Digital Currency Use in the UK and EEA
Earlier this week, Wirex announced a partnership with Visa, aiming to promote the use of digital currencies in the UK and the European Economic Area (EEA). A key aspect of this collaboration is the launch of Wirex Pay, a modular Zero Knowledge (ZK) payment chain developed by Wirex. Wirex Pay is designed to simplify how […]
Putin Calls for Robust Development Framework for Digital Assets in Russia
In a significant move towards modernising the Russian financial landscape, President Vladimir Putin has underscored the necessity for developing a comprehensive framework for the integration and utilisation of digital assets. Speaking at a recent meeting on economic matters, Putin highlighted the strategic importance of creating favourable conditions to foster the growth of digital assets, including […]
BIS Release Results of Survey on CBDCs and Cryptocurrency
94% of central banks are actively exploring the development of a central bank digital currency (CBDC), and the results from an extensive survey performed by the Bank for International Settlements (BIS) involving 86 central banks highlights a significant increase in experiments and pilot programmes, particularly in advanced economies, with a notable rise in activity among […]
How Star Wars and Star Trek Got The Future of Money So Wrong! | Poundcast Episode 17
In episode 17 of the Poundcast, we are thrilled to host technologist and thought leader Dave Birch. With a rich background in secure communications and financial services, Dave shares his insights on the evolution of money from physical forms to digital assets. We delve into the historical context of money, discuss the role of digital […]