Tether, Kraken, and Fabric Ventures are backing Dutch fintech company Quantoz Payments in the launch of two stablecoins, EURQ and USDQ, compliant with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Set for release on Nov. 18, the euro- and United States dollar-backed tokens are licensed by the Dutch Central Bank (DNB) as e-money tokens…

Bitcoin mining went through a dramatic transformation over the years thanks to the skyrocketing popularity of cryptocurrencies. Despite the scaling up, ASIC devices — short for application-specific integrated circuits — are still the name of the game when it comes to efficiency, speed and energy in BTC mining. Designed solely for Bitcoin’s SHA-256 hashing algorithm,…

BlackRock, the multinational investment firm and spot Bitcoin exchange-traded fund (ETF) issuer, received a commercial license to operate in Abu Dhabi, the capital of the United Arab Emirates. According to Bloomberg, the approval granted on Nov. 18 reflects BlackRock’s interest in expanding in the crypto-friendly region. The company is also seeking a license to operate in the…