Blockchain developer platform Gelato is launching a new blockchain-as-a-service solution on Avalanche to meet the growing demand for sovereign blockchain infrastructure during a crucial “tipping point” for institutional adoption. Gelato, which previously developed blockchain solutions for companies such as Kraken and Animoca Brands, unveiled the new upgrade that aims to let developers deploy fully sovereign…
The Federal Deposit Insurance Corporation (FDIC) said in a March 28 letter that institutions under its oversight, including banks, can now engage in crypto-related activities without prior approval. The announcement comes as the Commodity Futures Trading Commission (CFTC) announced that digital asset derivatives wouldn’t be treated differently than any other derivatives. The FDIC letter rescinds a previous instruction under…
The United Arab Emirates expects its digital dirham central bank digital currency to roll out in the fourth quarter of 2025. According to a report in the Khaleej Times, Central Bank of the UAE Governor Khaled Mohamed Balama reportedly said that the blockchain-based currency could improve financial stability and help combat financial crime. According to…
European banks and financial institutions may be significantly underestimating the demand for cryptocurrency services, with fewer than one in five offering digital asset products, according to a new survey by crypto investment platform Bitpanda. The study surveyed 10,000 retail and business investors across 13 European countries and found that more than 40% of business investors…
In the rapidly evolving world of cryptocurrency, regulatory shifts, legal battles and groundbreaking policy proposals are shaping the industry’s future. The premiere episode of The Clear Crypto Podcast by Cointelegraph and StarkWare brings in a legal expert specializing in the crypto industry to help shed light on the state of crypto regulation in the US, ongoing enforcement…
Stablecoin issuer Circle and Intercontinental Exchange (ICE), the company that operates the New York Stock Exchange (NYSE) among others and provides clearinghouse services, are collaborating to explore stablecoin integration in ICE’s operations. The companies will explore the potential integration of Circle’s US dollar stablecoin and its US Yield Coin (USYC) into ICE’s derivatives exchanges, clearinghouses,…