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Tag: Cryptocurrencies

ECB Selects 36 Providers for Digital Euro Pilot Launching in2027

ECB Selects 36 Providers for Digital Euro Pilot Launching in 2027

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The European Central Bank (ECB) selected 36 payment service providers (PSPs) from over 50 applicants to participate in the digital euro pilot, set to begin in the second half of 2027 for 12 months. Participants include major banks like Deutsche Bank and UniCredit, as well as fintechs such as Revolut, offering broad geographical and business model diversity. The pilot will test person-to-person and person-to-business payments...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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U.S. Government Transfers 8 Million in Seized Bitcoin and Ether to Coinbase Prime

U.S. Government Transfers $288 Million in Seized Bitcoin and Ether to Coinbase Prime

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U.S. government-linked wallets transferred ~$288 million in seized crypto, including BTC from Farace and BTC-e cases and ETH from a laundering scheme, to Coinbase Prime. Bitcoin routed through fresh intermediary wallets before deposit; ether sent directly, consistent with institutional custody flows. Move aligns with Coinbase Prime’s role as custodian for government assets but occurs despite Trump’s March 2025 executive...

Bitcoin, Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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Weekly Snapshot  – Crypto Market Rebounds Amid ETF Inflows

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Bitcoin Recovery Gains Traction as ETFs Reverse Outflows Bitcoin has staged a notable recovery this week, climbing from 21-month lows near $58,000 toward the $64,000 level, buoyed by renewed spot ETF inflows that ended an eight-week outflow streak. The primary catalyst moving markets has been the reversal in U.S. spot Bitcoin ETF flows, with approximately $197 million in net inflows for the week of July 6-10. This marks a significant...

Bitcoin, Crypto market, Cryptocurrencies

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Bitcoin’s BIP-110 Faces Near-Certain Failure as Miner Support Stays at Zero Ahead of Deadline

Bitcoin’s BIP-110 Faces Near-Certain Failure as Miner Support Stays at Zero Ahead of Deadline

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BIP-110, a proposed temporary soft fork to limit non-financial data like inscriptions, heads toward an early August deadline with miner signaling below 1% and currently at zero. Strategy’s Michael Saylor and Blockstream’s Adam Back publicly oppose the measure, arguing it turns a spam debate into a dangerous consensus change that could invalidate valid transactions. Node adoption remains in the low single digits, making a...

Bitcoin, Cryptocurrencies, Front page, News

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Circle Secures OCC Approval for National Trust Bank, Bolstering USDC Infrastructure

Circle Secures OCC Approval for National Trust Bank, Bolstering USDC Infrastructure

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Circle (NYSE: CRCL) received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to charter First National Digital Currency Bank, N.A., operating as Circle National Trust. The national trust bank will initially provide fiduciary digital asset custody for Circle and affiliates, with plans to expand to select institutional clients like banks and regulated entities. Approval strengthens the...

Cryptocurrencies, Front page, News

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