Revolut to launch its own stablecoin: report

Key facts: According to the company, they are “quite advanced” in creating the stable cryptocurrency. They want to take a compliance-first approach to become a “safe harbor.” Revolut, the $45 billion London-based fintech, is in the final stages of developing its own stablecoin, according to sources close to the company. This decision aligns with Revolut’s … Read more

Spain tightens rules for confiscating cryptocurrencies from tax debtors

The Spanish Council of Ministers approved, in a first round, a draft law that requires a series of changes to the tax laws that apply to the cryptocurrency sector. This, as part of the process of transposing the country’s laws to the new European Union (EU) directives. The proposed law, which establishes reporting obligations on … Read more

BlackRock and Microsoft team up to invest in artificial intelligence

BlackRock and Microsoft, along with other institutions, have created the Global AI Infrastructure Investment Partnership (GAIIP). This partnership seeks to raise up to $100 billion to invest in artificial intelligence (AI) infrastructure, primarily in the United States. Investments will focus in the construction and expansion of data centers to meet the growing demand for computing … Read more

TON and Curve Finance team up to facilitate stablecoin trading

The Open Network (TON) is promoting stablecoin trading after reaching an alliance with Curve Finance, one of the most important decentralized exchanges in the sector. This collaboration aims to TON ecosystem facilitates stablecoin exchanges and are more efficient for their users. The project will use Curve’s constant function market maker (CFMM) technology, a statement said. … Read more

Trump disappoints by presenting his cryptocurrency project World Liberty Financial

The former president and presidential candidate presented his new cryptocurrency platform on September 16: World Liberty Financial. A project that is run by his sons Donald Trump Jr. and Eric Trump and that, apparently, generated more disappointment than enthusiasm among investors. According to the information that was offered to the media and shared in a … Read more

Mining Kaspa is mandatory, proving miners’ earnings

Key facts: KRC-20 tokens allow users to create their own projects on the Kaspa network. In the first 24 hours, this new project racked up nearly $4 million in paid fees. Following the launch of the tokens KRC-20 from Kaspa (KAS) in its mainnet (mainnet), miner earnings skyrocketed over the next 24 hours. The growth … Read more

Sui price takes off after update that seeks to surpass Solana

SUI, the native cryptocurrency of the eponymous network, has seen a significant jump in price following a technological update that brings it closer to competing directly with Solana. In the last month, The price of the crypto asset has increased by 42%going from $1.08 to $1.15, as shown in the following chart. TradingView. SUI Price. … Read more

The power of Bitcoin captures universities in Spain and Argentina

Key facts: Alvaro D Maria, Juan Ramon Rallo and Juan Rodriguez will give BTC classes at the Hesperides in Spain. Three universities in Argentina, including the one in Buenos Aires, will offer training on bitcoin. With the aim of offering a deeper knowledge about bitcoin (BTC) and other cryptocurrencies, the University of the Hesperides located … Read more

Mexico is the next destination for Mercado Libre’s stablecoin

Key facts: The e-commerce giant hopes to offer its cryptocurrencies in all the countries where it operates. “We need the regulation to change,” said a MercadoPago executive about Argentina. Almost a month after Mercado Libre, the multinational e-commerce company, launched its own stablecoin called Meli Dólar in Brazil, the company is preparing to offer it … Read more

Mining companies follow in MicroStrategy’s footsteps

Key facts: The company will focus on developing data centers and will buy bitcoin with the profits. Cathedra will use other options such as debt, equity and derivatives to buy bitcoin. Cathedra Bitcoin, a company known for its focus on Bitcoin mining, has announced a significant shift in its corporate strategy. The company now considers … Read more