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Circle Seeks Bank Status to Manage Crypto Reserves in the U.S.

Circle Seeks Bank Status to Manage Crypto Reserves in the U.S.

Circle, the company behind the USDC stablecoin, has submitted an application to obtain a national trust bank license in the United States, according to an interview with Reuters. If approved by the Office of the Comptroller of the Currency (OCC), the new banking entity – First National Digital Currency Bank, N.

Wyoming to Launch State-Backed Stablecoin WYST on August 20, 2024

Wyoming to Launch State-Backed Stablecoin WYST on August 20, 2025

Wyoming will launch its state-backed stablecoin, WYST, on August 20, 2025, announced the Wyoming Stable Token Commission. The launch will take place at the Wyoming Blockchain Symposium in Jackson. WYST is designed as a stable digital currency, fully backed by a mix of US dollars, government securities, and repurchase agreements,

Elon Musk’s X Chooses Polymarket as Its Forecasting Engine

Elon Musk’s X Chooses Polymarket as Its Forecasting Engine

Polymarket, a blockchain-powered prediction platform, has become the official prediction market partner of X, the social network owned by Elon Musk. The partnership aims to deliver real-time analysis and probability insights based on data from X and its AI assistant, Grok. Financial details of the collaboration have not been disclosed.

Microsoft Launches Ethereum Blockchain Services on Azure with Consensys

Microsoft Launches Ethereum Blockchain Services on Azure with Consensys

Microsoft has announced a partnership with Consensys, a company specialized in Ethereum technology, to provide blockchain development services through its cloud platform, Azure. The new solution, Ethereum Blockchain-as-a-Service (E BaaS), allows Azure clients to create and test blockchain applications directly from the cloud, including in areas such as accounting, cross-border

Binance and DK Bank power crypto payments for Bhutan tourism

Binance and DK Bank power crypto payments for Bhutan tourism

Bhutan becomes the first country in the world to implement a national-level crypto-based tourism payment system. The initiative was launched in partnership with Binance Pay and DK Bank, Bhutan’s first fully digital bank licensed by the Royal Monetary Authority. Visitors to Bhutan can now use the Binance app to

Rich Dad Author Still Buying Bitcoin Despite High Prices

Rich Dad Author Still Buying Bitcoin Despite High Prices

Robert Kiyosaki, the author of Rich Dad Poor Dad, recently stated that he continues to buy Bitcoin, despite entering the market relatively late. Kiyosaki began investing in the cryptocurrency in 2020 and acknowledges that current prices are high, but he remains committed to acquiring more digital assets. According to his

Kraken Debuts Peer-to-Peer App Krak to Broaden Its FinTech Presence

Kraken Debuts Peer-to-Peer App Krak to Broaden Its FinTech Presence

Kraken, one of the largest crypto exchanges globally, announced on June 26 the launch of Krak, a peer-to-peer payments app that allows users to send and receive funds in both cryptocurrencies and fiat currencies across more than 100 countries. According to the company, Krak users will have access to a