Europe drives institutional crypto adoption: Blockchain Expo Amsterdam

    Conversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and companies see the continent as a key region for growth. Europe remains fertile ground for the cryptocurrency ecosystem to flourish compared with harsher regulatory environments, according to prominent speakers at Blockchain Expo Europe 2023 in Amsterdam. Cointelegraph attended the…

    Binance fully exits Russia with sale to CommEX

    The financial details of the deal remain undisclosed. However, as a full exit from Russia, Binance will have no ongoing revenue split, nor any option to buy back shares, the companies said. Cryptocurrency exchange Binance has announced its full exit from Russia by selling its firm to a newly launched crypto exchange business known as…

    Bitcoin miner Marathon mines invalid block in failed ‘experiment’

    Marathon said the bug emanated from its experimental mining pool used to research ways to optimize operations. Bitcoin mining firm Marathon Digital has confirmed it mined an invalid  Bitcoin block during an “experiment” aimed at optimizing the firm’s operations. In a Sept. 27 post, Marathon said it utilizes a small percentage of the firm’s hashrate toward these experiments…

    Ethereum futures ETFs could start trading next week — Bloomberg analyst

    An impending U.S. government shutdown may be accelerating the launch of Ether futures ETFs, analysts suggest. Ether futures exchange-traded funds (ETFs) could start trading for the first time in the United States as early as next week, according to Bloomberg analysts. On Sept. 28, Bloomberg Intelligence analyst James Seyffart said in an X post that it was “looking…

    CBDCs could support a more stable economy — if banks run the show

    Central bank digital currencies could confer economic benefits if governments don’t use them to cannibalize the commercial banking industry. Central bank digital currencies (CBDCs) have become well-established as a major talking point in the academic mainstream and geopolitics — not to mention the crypto community and its rowdy public discourse on X. While national leaders and supranational financial…

    US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’

    The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings. The Federal Reserve Banks of Boston and New York published a staff report on Sept. 26 comparing stablecoins, such as Tether and USD Coin, to money market funds. Key findings in the report include the observation that stablecoins and money market funds…