United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and punitive regulatory…

Pectra upgrade, explained Ethereum’s Pectra upgrade combines two separate upgrades: the Prague upgrade and the Electra upgrade. The Prague upgrade is focused on changes to the network’s execution layer, with the Electra upgrade impacting the consensus layer. These upgrades, when combined, are collectively referred to as the “Pectra” upgrade. The Pectra upgrade will follow “Dencun,”…

US President Donald Trump has signed an executive order that creates a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile,” both of which will initially use cryptocurrency forfeited in government criminal cases. “Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve,” White House AI and crypto czar…

Emirates NBD, a Dubai government-owned bank, is offering new cryptocurrency services through its digital bank subsidiary Liv. Liv bank has enabled its customers to buy, hold and sell cryptocurrencies on its Liv X app in collaboration with Aquanow, a licensed crypto asset service provider, the companies said in a joint announcement on March 6. Introduced…

Kyrgyzstan’s blockchain strategy merges gold stability with crypto innovation. This approach ensures secure payments and transparent cross-border transactions, setting it apart from El Salvador’s faltering Bitcoin experiment. While many countries are exploring cryptocurrencies on varying scales, El Salvador took the leap in 2021 by adopting Bitcoin as legal tender. Despite offering free Bitcoin to citizens as…

Ethereum’s highly anticipated Pectra upgrade was successfully deployed on its final testnet, Sepolia, marking a major milestone in the lead-up to the mainnet activation. However, potential delays remain as developers continue to address outstanding issues from a previous testnet failure. Ethereum’s Pectra upgrade has gathered significant community support as it aims to improve Ether staking,…