The Cointelegraph Press Review

Cointelegraph.com News

• UAE telco giant e& taps dirham stablecoin for bill payments pilot
  The MoU marks a cautious step toward real-world stablecoin payments in the UAE, with e& assessing how AE Coin may integrate into its digital channels. United Arab Emirates’ telecom giant e& is reportedly preparing to test whether regulated stablecoins can support mainstream consumer payments, having signed a memorandum of understanding (MoU) with Al Maryah Community […]
• XRP transaction fees drop 89%: Is price headed below $1.75?
  XRP price risked a 15% drop to as low as $1.73, fuelled by collapsing transaction fees, reduced speculator appetite and a weakening technical structure. XRP’s (XRP) drop toward $2 was preceded by a significant drop in transaction fees, which analysts said may fuel a deeper price correction.Key takeaways:XRP transaction fees have dropped to 650 XRP […]
• Norway’s central bank says CBDC ‘not warranted,’ cites strong payment system
  Norway rules that a digital krone is unnecessary for now, highlighting its strong payment rails and the uncertain benefits of both retail and wholesale CBDCs. Norges Bank, the central bank of Norway, concluded that introducing a central bank digital currency (CBDC) is “not warranted at this time,” marking a clear signal that the country is […]
• State Street, Galaxy and Ondo join tokenized cash race with 24/7 sweep fund
  State Street Investment Management and Galaxy Asset Management are launching a tokenized private liquidity fund on Solana, with Ondo expected to invest $200 million. State Street Investment Management and Galaxy Asset Management are joining forces with Ondo Finance on a tokenized liquidity fund that will push cash “sweep” balances directly onto public blockchains, creating a […]
• Satoshi Nakamoto statue lands on NYSE in sign of changing times
  There are five other Satoshi statues made by Valentina Picozzi located around the world, in Switzerland, El Salvador, Japan, Vietnam and Miami, in the US state of Florida. The New York Stock Exchange has become the sixth host of Valentina Picozzi’s “disappearing” Satoshi Nakamoto statue — a striking shift from just a few years ago […]
• Australian regulator eases rules for stablecoins and wrapped tokens
  Australia’s securities regulator has removed licensing requirements for stablecoin intermediaries and approved omnibus accounts, reducing compliance costs. Australia’s securities regulator has finalized exemptions that will make it easier for businesses to distribute stablecoins and wrapped tokens.The Australian Securities and Investments Commission (ASIC) on Tuesday announced the new measures, aimed at fostering innovation and growth in […]
• GOP hardliners vexed as defense bill advances without CBDC ban
  Conservatives in the Republican Party are frustrated that a promised ban on central bank digital currencies didn’t make it into a must-pass defense bill that’s now on its way to the Senate. A group of Republicans has called foul after the US House passed a massive defense spending bill on Wednesday that omitted a ban […]