Brazil’s Finance Minister Claims CBDC Will Bring ‘Transparency,’ Ease Financial Transactions
Fernando Haddad, Brazil’s finance minister, said the objective of Drex, the country’s CBDC, is to increase transparency of flows and facilitate financial transactions. Haddad denied that the government would seek to exert control or monitor payments using the tool. Brazil’s CBDC Does Not Seek Control, Finance Minister States Fernando Haddad, Brazil’s finance minister, shared his […] Powered by...
Latam Insights Encore: Venezuela Shows How A Stablecoin Strategy Can Drive a Country’s Economy
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine how USDT is overtaking dollar disbursements in Venezuela, and the irony of a sanctioned country leveraging a currency backed by the U.S. debt. Latam Insights Encore: The Venezuelan Case […] Powered by...
Starknet Unveils BTCFi: Trustless BTC Staking, Partners, and 100M STRK Incentives
Starknet today announced BTCFi, a trilogy of initiatives aimed at deepening bitcoin’s role as a global settlement asset by embedding BTC into Starknet’s security and consensus. For the first time on any L2, BTC holders can stake without losing custody to secure Starknet and earn rewards; the protocol already reportedly has ~65k delegators, ~150 validators […] Powered by...
Flying Tulip Raises $200M, Targets $1B in Combined Funding Across Token Sales
Flying Tulip, a newly launched full-stack on-chain exchange founded by Andre Cronje, has successfully raised $200 million in a private funding round. The Full-Stack Onchain Ecosystem Flying Tulip, a newly launched full-stack on-chain exchange, recently secured $200 million in a private funding round. Founded by Andre Cronje, the exchange is set to launch a public […] Powered by...
Qatar National Bank Taps JPMorgan’s Blockchain for Faster Dollar Payments
Qatar National Bank (QNB) has adopted JPMorgan’s blockchain platform, enabling its corporate clients to settle U.S. dollar payments within minutes. The move highlights the Gulf region’s push to modernize financial infrastructure and attract global capital. Gulf Banking Giant Embraces Blockchain for 24/7 USD Transfers Qatar National Bank (QNB), the Middle East’s largest lender, has integrated […] Powered by...
ECB Advocates Digital Euro as Shield for Freedom, Autonomy and Security
Piero Cipollone, member of the ECB Executive Board, delivered a keynote at the Baltic conference “Payments & Policy in a Changing Environment,” arguing the digital euro is essential to preserve Europeans’ ability to use sovereign money as transactions go increasingly digital. Cipollone framed the digital euro as an extension of central bank money that would […] Powered by...
