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🌍 Global CBDCs: On the Rise
- Chile and Mauritania have all chimed in with their CBDC perspectives. Chile seems to be edging closer to launching its own CBDC (Read more), while Mauritania is seeking help from G&D to design theirs(Read more).
- A new report from the World Economic Forum reveals that 98% of central banks are exploring CBDCs (Read more).
- The digital Euro is facing some hurdles, with an ECB board member stating that the iPhone is not compatible with the digital euro (Read more). Furthermore, the launch of the digital euro is not expected until 2028 (Read more).
🏦 Institutional Crypto Adoption
- The world of institutional investors is also warming up to crypto. A KPMG report reveals that 39% of institutional investors in Canada had crypto exposure in 2023 (Read more).
- 6 years after stopping accepting payments, Stripe is bringing back crypto payments, signaling a shift in the payment industry (Read more).
⚖️ Crypto Regulations
- Crypto regulations seem to be on everyone's mind, with Indonesia and Australia inking a crypto taxation deal (Read more) and the EU introducing new anti-money laundering regulations (Read more).
- And, of course, with regulation comes enforcement with Thailand set to block access to unlicensed crypto platforms (Read more).
💵 Stablecoin Adoption: US Senate Bill & Banks
- A new US Senate bill could encourage banks to enter the stablecoin market (Read more). This development could significantly bolster the adoption of stablecoins and further integrate them into the existing financial system.
📱 A Better Future for Crypto: Sustainability and Accessibility
- Jupiter, a Solana DEX aggregator, is making moves to expand its mobile presence by acquiring the Ultimate Wallet (Read more). This shows a growing trend of crypto platforms aiming to increase accessibility through mobile interfaces.
- In the world of Bitcoin mining, PayPal proposes an incentive program for miners to adopt clean energy (Read more) while a project in Finland is using Bitcoin mining to heat homes (Read more). These initiatives suggest a promising future for sustainable crypto operations.
