Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets

On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre Consortium’s accountant, Grant Thornton explaining that the stablecoin’s reserve account information […]

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Enjin plans to use NFTs to promote sustainability and equality as member of UN pact

The company previously said it planned to enable carbon-neutral NFTs by 2030, and claimed its JumpNet blockchain is already carbon-negative. The United Nations Global Compact, a non-binding pact aimed at encouraging businesses to adopt sustainable and socially responsible policies, has accepted nonfungible token and blockchain gaming and platform Enjin as […]

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New EU proposal looks to tighten regulations for sending cryptocurrency

The European Commission looks to block large anonymous transfers of cryptocurrency in an effort to limit money laundering activity. The European Commission has submitted a new proposal which would require crypto-asset service providers to collect additional anti-money laundering, or AML, information from users who utilize cryptocurrency for money transfers. The […]

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Zimbabwe Proposes Inclusion of VASPs in Its Securities Law — Move Applauded as ‘Step in Right Direction’

The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of defined securities will be made possible via the amendment of the Securities and […]

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Majority of institutional investors ready to buy digital assets, study says

A new study found that institutional investors’ appetite for digital assets, including cryptocurrencies, is growing. New data shows that institutional investors’ interest in cryptocurrencies and crypto-related businesses is continuing to grow.  Fidelity Digital Assets, the crypto arm of the global asset management giant Fidelity Investments Inc, tasked Coalition Greenwich to […]

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