China has quietly taken a bold step in its bid to expand the global footprint of its digital currency. On Thursday, the People’s Bank of China (PBOC) inaugurated an international operations centre for its central bank digital currency, the digital yuan (e-CNY) in Shanghai, according to a report from the South China Morning Post. PBOC … Read more
South Korean crypto exchange Upbit is about to be acquired by internet giant Naver, according to a report. The deal would bring Upbit’s parent Dunamu under the umbrella of Naver Financial, making Dunamu a full subsidiary of Naver’s financial arm, the report said. Upbit is one of the largest crypto exchanges in the crypto friendly … Read more
The price of BNB rose nearly 3% over the last 24 hours after Bloomberg reported that Binance is moving toward a potential deal that would end a a key compliance requirement from the exchange’s 2023 settlement with the U.S. Department of Justice. BNB, which offers discounted trading fees on the exchange, was recently trading near … Read more
Decentralized artificial intelligence network Bittensor is “hitting escape velocity,” with accelerating growth in subnets, wallets and institutional access, according to the first “State of Bittensor” report from Yuma, an AI-powered e-commerce platform. The report, which covers the first half of 2025, notes that 77% of consumers now say decentralized AI is more beneficial than Big … Read more
As crypto majors, including bitcoin BTC$114,290.43, await the U.S. CPI data, smaller coins like PUMP, AVAX and MNT have advanced 8%-11% in the past 24 hours. The biggest gainer among the top 100 tokens is Provenance Blockchain’s HASH token, which has surged 28%. On Tuesday, the Provenance Blockchain Foundation announced a model that will help … Read more
The Hong Kong Monetary Authority (HKMA) has circulated plans for easing the capital requirements for banks holding cryptocurrencies, local financial news outlet Caixin reported on Wednesday. The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets, which will be implemented early next … Read more
Sub-Saharan Africa is the third-fastest growing region for crypto adoption, according to a new report from blockchain data platform Chainalysis. The report underscores the region’s emphasis on real-world crypto use cases in the face of currency devaluation, lack of traditional finance rails and other challenges. According to the report, Sub-Saharan Africa received $205 billion in … Read more
Sub-Saharan Africa is the third-fastest growing region for crypto adoption, according to a new report from blockchain data platform Chainalysis. The report underscores the region’s emphasis on real-world crypto use cases in the face of currency devaluation, lack of traditional finance rails and other challenges. According to the report, Sub-Saharan Africa received $205 billion in … Read more
Sub-Saharan Africa is the third-fastest growing region for crypto adoption, according to a new report from blockchain data platform Chainalysis. The report underscores the region’s emphasis on real-world crypto use cases in the face of currency devaluation, lack of traditional finance rails and other challenges. According to the report, Sub-Saharan Africa received $205 billion in … Read more
Sub-Saharan Africa is the third-fastest growing region for crypto adoption, according to a new report from blockchain data platform Chainalysis. The report underscores the region’s emphasis on real-world crypto use cases in the face of currency devaluation, lack of traditional finance rails and other challenges. According to the report, Sub-Saharan Africa received $205 billion in … Read more