Former United States Senator Pat Toomey believes there are several unanswered questions regarding stablecoin issuers and their underlying assets that must be resolved before comprehensive stablecoin regulations are passed in the United States. In an interview with Cointelegraph’s Turner Wright, the former Pennsylvania Senator cited bankruptcy resolution for failing stablecoin firms, reserve requirements, insurance on…
Blockchain gaming, along with decentralized finance, will likely benefit most from Trump’s presidency, says Jeffrey Zirlin, the co-founder of crypto gaming platform Sky Mavis. Speaking to Cointelegraph at the YGG Play Summit in the Philippines on Nov. 21, Zirlin said the “token design” space would be set to yield the most benefit from the new…
The United States Securities and Exchange Commission (SEC) has delayed a decision to approve the Franklin Templeton Crypto Index ETF until early 2025. In a Nov. 20 letter, the regulatory agency explained that it received no comments after publishing the proposed rule change to list the crypto index ETF on the Federal Register on Oct….
Nayms, a crypto-native marketplace, has announced the introduction of the NAYM token to enable decentralized governance, staking and greater participation in tokenized insurance programs. The global reinsurance market, valued at over $700 billion, plays a critical role in stabilizing the broader insurance industry by covering risks for primary insurers. Traditionally, this market has been a closed-off space,…
Banco Central do Brasil (BCB), Brazil’s central bank, has launched phase two of its Drex central bank digital currency (CBDC) pilot, targeting improvements in cross-border agricultural commodity transactions and supply chain processes. Phase two focuses on building a trade finance solution using oracles and blockchain technology. The initiative brings together Microsoft, Chainlink, Banco Inter and…
The Tron network will be fully integrated on Nansen 2 thanks to a collaboration between Nansen and the Tron decentralized autonomous organization (DAO). Nansen will launch a Tron Macro Dashboard that will provide developers and investors with real-time insights into the Tron ecosystem. Nansen analyzing Tron heyday Blockchain data analytics and wallet label provider Nansen…
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