Type of court of the United States federal court system
Ahlan wa sahlan, and welcome to the 89th edition of CoinMENA's weekly newsletter, Kalam Crypto. This week, Nomura bank launched a Bitcoin Adoption Fund, Microstrategy bought more bitcoin, SBF crime family saga continues, and poetic justice for a U.S. senator who opposed El Salvador's bitcoin adoption. All that and more, so let's dive into this week's letter, and talk crypto. Blog of The Week ✍️ The killer application of crypto is here (almost): Check out our CEO's latest blog post about how crypto can improve people's lives today!
Today Bennett and Cas are joined by Leo Schwartz from Fortune to discuss his feature article about Circle, USDC, and why the stablecoin can't seem to overtake Tether in marketcap or volume. Read the article here.
gm. Mauricio Magaldi and Cuy Sheffield are back this week, this time talking all things USDC settlement, CBDCs and the difference between CBDCs and stablecoins. Following our discussion around the development of stablecoin in our last episode, we thought it would be fitting to dive deeper into another type of digital currency that is closely related to fiat, CBDC, or Central Bank Digital Currency. Banks are looking to CBDCs as a form of currency that expedites transactions and increases the security of payments between banks, institutions, and individuals and we look at the biggest news stories and developments around the world for CBDCs. Not only that but Visa has some news of its own: Just last week, Visa expanded its use of US Dollar Coin (USDC) for digital currency settlement, adding pilot programs globally with WorldPay, Nuvei, and Xapo, modernising large value, cross-border payments, for end-to-end digital currency settlement over blockchain. We get into that and much more! We are also joined by some amazing guests: * Dante Disparte, Chief Strategy Officer and Head of Global Policy at Circle * Mina Khattak, Senior Director of Crypto, at Worldpay * Catherine Gu, Head of CBDC & Protocols, Visa Just a quick reminder - nothing we share here is legal, tax or financial advice. Views or opinions expressed by the panel are their own and do not necessarily reflect the view of the entities they are representing. This episode is sponsored by Visa. This episode is brought to you by Visa, one of the world's leaders in digital payments. Crypto has opened up a new world of possibilities, and Visa's helping everyone take part. Consumers now can enjoy the freedom and flexibility of using their Visa crypto-linked cards for everyday purchases at millions of Visa-accepting merchant locations around the world. Join us in this new money movement; learn more visa.com/crypto. If you enjoyed the show, don't forget to subscribe and leave a review! Want to join the conversation on all the topics discussed? Tweet the show at: www.twitter.com/bchaininsider Special Guests: Catherine Gu, Dante A. Disparte , and Mina Khattak.
Ahlan wa sahlan, and welcome to the 88th edition of CoinMENA's weekly newsletter, Kalam Crypto. This week, Citi launched a new offering to tokenize customer deposits, Deutsche Bank announced they would custody crypto for institutional clients, we revisited the 1 year anniversary of the Ethereum Merge, and the highest transaction fee ever paid for bitcoin was then refunded! All that and more, so let's dive into this week's letter, and talk crypto.
David of the TheNextBlock joins me to talk the latest crypto market news and more. Subscribe and follow The Next Block: https://youtube.com/@TheNextBlock3?si=o9C2itSaeZBBtp3o https://x.com/thenextblock3Topics discussed:- Current market prices and bitcoin pull back, swing trading crypto - Visa USDC use expansion- PayPal Stablecoin launch- Grayscale victory over SEC + Ethereum Spot ETF filings from Ark and VanEck- Bitcoin spot ETF approval coming in Q4?- Vitalik Buterin X hack- FTX potential dump with liquidation of assets
Visa's interest in Solana is a significant development in the world of blockchain and payments. Solana is a high-performance blockchain network that can process up to 50,000 transactions per second (TPS). This makes it much faster than traditional payment networks like Visa, which can only process around 24,000 TPS. Solana is also much cheaper than traditional payment networks, with transaction fees of just a few cents.Visa's deep dive into Solana suggests that the company is seriously considering using the blockchain network for its payments processing. This could be a major boost for Solana, as it would help to legitimize the network and attract more users and developers.The move is even more interesting in light of Visa's recent exploration of Solana for its stablecoin pilot. Stablecoins are cryptocurrencies that are pegged to a fiat currency, such as the US dollar. They are often used as a way to transfer value between different blockchains or to make payments. Visa is reportedly exploring using Solana to settle its USDC stablecoin transactions. This would allow Visa to move money more quickly and cheaply than it currently does.Meanwhile, Stellar (XLM) has refreshed its branding with Idris Elba. Stellar is a blockchain network that is designed to facilitate cross-border payments. It is often seen as a competitor to Ripple (XRP), another blockchain network that is used for cross-border payments.The rebranding of Stellar with Idris Elba is a sign that the company is serious about growing its user base and expanding its reach. Idris Elba is a well-known actor and musician who has a large following on social media. His association with Stellar could help to attract new users to the network.Overall, the interest of Visa and Idris Elba in Solana and Stellar are positive developments for the blockchain industry. They suggest that these blockchain networks are seen as viable alternatives to traditional payment networks. This could lead to increased adoption of blockchain technology for payments in the future.Here are some of the reasons why Solana could be a game-changer in the payments ecosystem:Speed: Solana can process transactions much faster than traditional payment networks. This could make it a more attractive option for businesses that need to process payments quickly.Scalability: Solana is designed to be scalable, so it can be used to handle even the most demanding payment processing needs.Security: Solana is a secure blockchain network, so businesses can be confident that their transactions are safe.Cost-effectiveness: Solana is a cost-effective blockchain network, so businesses can save money on their payment processing costs.If Solana can live up to its potential, it could revolutionize the way we pay for goods and services. It could make payments faster, cheaper, and more secure. This could have a major impact on the global economy.
Peter Johnson, co-head of Venture at Brevan Howard Digital, returns to the show to talk about his latest theses on stablecoins. In this episode: The origins of Peter's interest in stables We review Peter's prior stablecoin predictions USDC versus USDT market share trends Peter's main takeaways from the Relentless Rise paper Stablecoin usage on BSC and TRON Peter's views on PYUSD The emergence of interest-bearing stablecoins How synthetic USD stablecoins might work Stablecoin comparisons to the Eurodollar market We make some predictions Further reading: BH Digital, The Relentless Rise of Stablecoins
It's been a busy year for USDC issuer Circle, with several new product launches and partnerships, a crypto banking crisis to contend with, the entry of PayPal into the stablecoin business, and plenty of new global regulatory developments, including a bill in the U.S. now making its way through Congress. Circle co-founder and CEO Jeremy Allaire joins Unchained for an in-depth discussion on the reasons behind Coinbase's investment in Circle, how Circle has emerged stronger from the banking crisis, what he thinks of PYUSD, what he likes and doesn't like about the current U.S. stablecoin bill, and his thoughts on what the final bill will look like. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Show highlights: why Circle and Coinbase created the Center Consortium and why Coinbase acquired a stake in Circle whether Circle is aiming to be acquired or become a public company, and why Jeremy is pursuing a "multi-decade" strategy why Circle partnered with MercadoLibre and the stablecoin usage in Latin America [may need to cut if embargo does not stick] how the company has been supporting developers to build applications why Circle is launching native USDC on so many new blockchains what the purpose of cross-chain transfer protocol (CCTP) is and what the big problems with bridges are how Circle responded to Silicon Valley Bank's collapse and why the world began to feel that "it's not safe to be exposed to the US" Jeremy's thoughts on the launch of PayPal's stablecoin, PYUSD why having stablecoin legislation is a "national priority," according to Jeremy why Jeremy is a proponent of a fully reserved banking system why he thinks the US needs to "aggressively" take action to preserve the global reserve currency status of the US dollar how China's national digital currency is likely to develop how crypto can provide a better way of providing identity without giving up privacy why blockchain technology is much more than just a financial regulatory matter Thank you to our sponsors! Crypto.com Arbitrum Foundation Toku LayerZero Guest: Jeremy Allaire, cofounder, Chairman and CEO of Circle Previous appearances of Jeremy on Unchained: Crypto on Every Corner: Driving Adoption With Jeremy Allaire and Meltem Demirors Circle's Jeremy Allaire and Sean Neville on Why Crypto Will Be Bigger Than the Web Jeremy Allaire on Why the US Government Needs a New Category for Digital Assets Links Unchained: Coinbase Acquires Equity Stake in Circle Amid USDC Updates and Market Challenges Will PayPal's PYUSD Steal Market Share From Tether and Circle? The Fall of SVB: What Happened and How It Affects Crypto CoinDesk: U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House Circle Seeks to Make Crypto Payments Easier With New 'Programmable Wallets' Written Statement of Jeremy Allaire Before the United States House Committee on Financial Services, “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem” South China Morning Post: Head of crypto firm Circle accepts ban in mainland China, but sees role for yuan-backed stablecoins TechCrunch: Solana Pay integrates plug-in with Shopify for USDC payments Decrypt: News Explorer — Circle Partners With Mercado Libre to Bring USDC to Chile Jeremy's comments on the launch of PYUSD Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of Empire, Tyrone Lobban, Head of Onyx Digital Assets from JPMorgan Chase joins us to dive into how traditional financial institutions are adopting onchain capabilities. They explore Onyx digital assets goal, project guardian's aim to unlock institutional access to DeFi, and how JPM views blockchain. - - Follow Tyrone: https://twitter.com/TyLobban Follow Jason: https://twitter.com/JasonYanowitz Follow Santiago: https://twitter.com/santiagoroel Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Get 5% off your business insurance today with Vouch, the leading insurer of crypto startups. With over 4000 clients, Vouch offers exclusive coverages with crypto enhancements including Directors & Officers with digital asset regulatory defense and Cyber that includes smart contract vulnerabilities. Get started today at https://vouch.us/web3/blockworks - - Timestamps: (00:00) What is Onyx? (08:43) 4 Aspects of Onyx (22:10) USDC and Stablecoin Market (26:24) Project Guardian & DeFi Interaction (34:24) Vouch ad (35:34) Rights and Wrongs in Crypto (42:30) ETF Approval (47:59) JPMorgan Crypto Buy-in (49:22) Onyx Hackathon - - Resources Institutional DeFi https://www.jpmorgan.com/onyx/content-hub/institutional-defi.htm Digital Identity https://www.jpmorgan.com/onyx/content-hub/digital-identity-in-web3.htm#second-article Onyx Digital Assets https://www.jpmorgan.com/onyx/onyx-digital-assets.htm JPM Coollateral Settlement https://www.bloomberg.com/news/articles/2022-05-26/jpmorgan-finds-new-use-for-blockchain-in-collateral-settlement?leadSource=uverify%20wall - - Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
Ahlan wa sahlan, and welcome to the 87th edition of CoinMENA's weekly newsletter, Kalam Crypto. This week, Visa expanded USDC settlement over Solana, ARK Invest filed first spot Ethereum ETF and fair value accounting rules are coming to crypto. All that and more, so let's dive into this week's letter, and talk crypto:
أهلاً ومرحباً بكم في الإصدار السابع والثمانون من نشرتكم الإخبارية الأسبوعية المفضلة من كوين مينا، كلام كريبتو. هذا الأسبوع، فيزا توسع تسوية معاملات USDC عبر شبكة سولانا، وتتقدم آرك إنفست بطلب لصندوق لتداول الإثيريوم، وسيتم تطبيق قوانين القيمة العادلة في سوق العملات الرقمية. كل هذا وأكثر، لذلك دعونا نبدأ في نشرة هذا الأسبوع من كلام كريبتو.
Drop 1: LSEG Digital Assets https://www.reuters.com/technology/lse-group-draws-up-plans-blockchain-based-digital-assets-business-ft-2023-09-04/Drop 2: IOSCO publica recomendações para políticas em DeFihttps://www.iosco.org/library/pubdocs/pdf/IOSCOPD744.pdfDrop 3: JPM depósito tokenizado https://cointelegraph.com/news/jp-morgan-moves-deposit-tokens-settlements .. More: Visa lança nova solução de liquidação em USDC na rede Solanahttps://www.businesswire.com/news/home/20230905549860/en/Visa-Expands-Stablecoin-Settlement-Capabilities-to-Merchant-AcquirersEstúdio do PUBG lança Settlus, Blockchain para pagamentos na Cosmoshttps://medium.com/@ne_fertiti/massive-gaming-economy-to-arrive-in-cosmos-ecosystem-pubg-x-cosmos-9e904cf51d2dBase, L2 da Ethereum mantida pela Coinbase, fica 45 minutos fora do arhttps://unchainedcrypto.com/coinbase-layer-2-base-suffers-45-minute-outage/FASB: padrão de contabilização de Bitcoin "fair value" será mandatório a partir de 2025https://news.bloombergtax.com/financial-accounting/long-awaited-bitcoin-accounting-rules-to-capture-rises-dipsPrivacidade X Compliance, novo paper de Vitalik e outros endereça as questões em volta do Tornado Cashhttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=4563364Justin Bieber tokeniza 1% de sua música Company com Another Blockhttps://twitter.com/lambolandnft/status/1699478893172801732?s=12&t=Bo3mq6RGEbif8CkjdETPSQRTFKT lança app Cryptokicks, integrando NFTs com tênis IRLhttps://www.linkedin.com/posts/thomaskypan_web3-nft-blockchain-ugcPost-7105431092404391936-PzlT?utm_source=share&utm_medium=member_androidARF e Huma Finance anunciam parceria para criar o primeiro pool de crédito on-chain para ordens de pagamento cross border https://www.prnewswire.com/news-releases/arf-partners-with-huma-to-bring-cross-border-receivables-on-chain-301855432.html .. Meu conteúdo em inglês https://bi.11fs.com/Me sigam em blockdrops.lens e na newsletter do linkedin https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7056680685142454272 --- Send in a voice message: https://podcasters.spotify.com/pod/show/blockdropspodcast/message
Visa on Solana, Vitalik Buterin sells MKR Tokens, Solana users ATL, World's Largest Crypto Casino hacked, Lufthansa has launched an NFT-powered loyalty program, Metamask crypto-to-fiat cash out, USDC native on Base, & more!
Matt and Nic are back with another week of news and deals. In this episode: Ryan Salame pleads guilty Our thoughts on the latest turn of the Bitcoin security budget debate What are the prospects for fees to develop on Bitcoin long term? Is blockcspace a race to the bottom? Visa adds merchant settlement tools for USDC on Solana The significance of Visa's move toward merchant settlement with stablecoins CBOE files for spot Ether ETFs We reflect on El Salvador's Bitcoin law The FASB moves to fair value accounting for Bitcoin Greenpeace files a comment letter on the GlobalX Bitcoin trust Are the ESG tides turning for Bitcoin mining? Has El Salvador's Bitcoin project been a failure? Sponsor notes: Coin Metrics STATE OF THE NETWORK — Evaluating the Market Quality of DeFi collateral In Coin Metrics State of the Network Issue 223, we explore predominant collateral types in DeFi lending protocols and evaluate their liquidity & volatility characteristics to determine their desirability as collateral
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, the group sits down with Circle CEO Jeremy Allaire to discuss how the USDC stablecoin issuer responded to the banking crisis that started at the end of 2022, what PayPal's new stablecoin offering means for Circle and the rest of the industry, and whether central bank digital currencies (CBDCs) represent real competition for stablecoins. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform. Show highlights: how the collapse of FTX and other companies led to a de-banking crisis for the industry what the Circle Reserve Fund is how the banking crisis in early 2023 caused a "flight from safety" how regulatory clarity has improved in the aftermath of the banking crisis why Jeremy actually hopes PayPal's recently launched PYUSD is successful why Tarun believes Central Bank Digital Currencies (CBDCs) are one of the most "boring concepts" within the industry whether CBDCs pose a threat to businesses that issue stablecoins such as Circle Whether the status quo on stablecoins in the U.S. of knowing-your-customer on redemption and minting, but not on holding, is likely to continue. Hosts: Haseeb Qureshi, managing partner at Dragonfly Robert Leshner, founder of Compound Tarun Chitra, managing partner at Robot Ventures Guest: Jeremy Allaire, CEO of Circle Disclosures Links The Chopping Block: Was Crypto Just Debanked? Will PayPal's PYUSD Steal Market Share From Tether and Circle? The Fall of SVB: What Happened and How It Affects Crypto Learn more about your ad choices. Visit megaphone.fm/adchoices
Yesterday Visa announced an expansion of their ability to settle cross-border transactions with USDC, adding support for the Solana blockchain. According to some, even the fintech folks who aren't interested in crypto are excited about it. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW
Dante Disparte is the Chief Strategy Officer and Head of Global Policy at Circle. In this interview we discuss:- Dante's Background and working at Facebook Stablecoin Libra Diem- Circle USDC overview- USDC Reserves and BlackRock Fund- Coinbase stake in Circle- Could USDC be used as the Fed Digital Dollar- USDC Mercado Pago LATAM adoption- Stablecoin Regulations- USDC on XRP Ledger
Visa's expansion of its stablecoin settlement to Solana is a significant development in the adoption of cryptocurrencies by mainstream financial institutions. Solana is a high-performance blockchain that is capable of processing thousands of transactions per second, with very low fees. This makes it well-suited for use in high-volume settlement applications.Visa's decision to use Solana for its stablecoin settlement is a vote of confidence in the network's scalability and efficiency. It is also a sign that Visa is serious about exploring the use of cryptocurrencies in its payments infrastructure.The Solana community is excited about this partnership because it validates the network's potential as a major player in the global payments landscape. It also opens up the possibility of other major financial institutions adopting Solana for their settlement needs.The benefits of using Solana for stablecoin settlement include:Faster transactions: Solana can process thousands of transactions per second, which is much faster than traditional payment networks. This can help to reduce settlement times and improve the efficiency of cross-border payments.Lower fees: Solana's fees are very low, which can help to save businesses money on their settlement costs.Scalability: Solana is designed to be scalable, so it can be used to handle even the most demanding settlement volumes.Security: Solana is a secure network, which is important for businesses that need to protect their financial data.The partnership between Visa and Solana is a significant step forward for the adoption of cryptocurrencies by mainstream financial institutions. It is also a major boost for the Solana community, which is now one step closer to becoming a leading player in the global payments landscape.Here are some additional thoughts on the implications of this partnership:It could lead to more mainstream adoption of stablecoins. Stablecoins are a type of cryptocurrency that is pegged to a fiat currency, such as the US dollar. They are often used as a way to avoid the volatility of other cryptocurrencies. The fact that Visa is using a stablecoin for settlement shows that it sees them as a legitimate payment instrument.It could encourage other financial institutions to adopt Solana. Visa is a major player in the payments industry, and its decision to use Solana could encourage other financial institutions to do the same. This would help to increase the demand for Solana and drive up its price.It could boost the development of Solana-based applications. The more adoption Solana gets, the more developers will be incentivized to build applications on the network. This could lead to the development of new and innovative financial products and services.Overall, the partnership between Visa and Solana is a positive development for the cryptocurrency industry. It is a sign that mainstream financial institutions are starting to take cryptocurrencies seriously, and it could lead to wider adoption of stablecoins and other blockchain-based technologies.
Drop 1: TradeTrusthttps://www.ledgerinsights.com/tradetrust-blockchain-maersk-dbs-shipment/Drop 2: Uptrip, da Lufthansa, lança na Polygonhttps://polygon.technology/blog/lufthansas-uptrip-loyalty-program-takes-off-on-polygon-2Drop 3: Uniswap absolvida https://twitter.com/haydenzadams/status/1696991910370411003?t=dR7V9_D2jqTl1Mukx_NoZQ&s=19https://thedefiant.io/us-judge-tosses-class-action-lawsuit-against-uniswap-labs .. More: Parfin é finalista de competição no BIS, com solução de interoperabilidade entre CBDCshttps://valor.globo.com/financas/criptomoedas/noticia/2023/08/28/parfin-figura-entre-finalistas-de-competicao-de-tecnologia-do-bis-com-solucao-de-criptografia-de-cbdc.ghtmlMercadoPago leva USDC a usuários no Chilehttps://www.circle.com/blog/circle-teams-up-with-mercado-pago-to-introduce-usdc-to-chile-customersTwitter adquire licença necessária para integrar pagamento em cripto https://www.cryptotimes.io/twitter-x-acquires-required-license-to-add-crypto-payments/Equipe BR The Shelf leva 3 prêmios no Hackathon do Ethereum Argentina https://br.cointelegraph.com/news/brazilians-conquer-three-prizes-during-ethereum-argentinas-hackathonGeorgia Sanches, GM da Conduit no Brasil, leva o prêmio Women in web3 Latamhttps://br.cointelegraph.com/news/brazilian-sells-women-in-tech-latam-award-in-the-web3-categoryPolygon lança SDK para facilitar criação das appchainshttps://twitter.com/0xPolygonLabs/status/1696531363120521605?t=yIdPGUYwBD30a4wUl_78ow&s=19BTG e Itaú realizam primeira transferência usando DREXhttps://valor.globo.com/google/financas/criptomoedas/noticia/2023/08/31/itau-e-btg-fazem-a-1a-transferencia-interbancaria-do-drex.ghtmlSwift realiza com sucesso testes de interoperabilidade usando Chainlink https://www.swift.com/news-events/press-releases/swift-unlocks-potential-tokenisation-successful-blockchain-experimentsYouTuber brasileiro deixa seed phrase à mostra durante live e tem carteira esvaziada, mas tudo acaba bemhttps://www.linkedin.com/posts/johannesmaartenvansluys_web3-bitcoin-security-activity-7102751938567413761-nThZ?utm_source=share&utm_medium=member_desktopRipio Ventures abre inscrições para programa de aceleração web3 com LaChainhttps://twitter.com/sserrano44/status/1697359652122456089?t=8gMTX188sJHXw-xfP-dqQg&s=19Circle vai emitir USDC direto na Noble, uma das appchains da Cosmos https://www.circle.com/blog/what-you-need-to-know-native-usdc-for-cosmos-via-nobleDetran do Colorado vai usar PayPal para pagamentos em cryptohttps://www.blockworks.co/news/colorado-dmv-paypal-crypto-payments Meu conteúdo em inglês https://bi.11fs.com/Me sigam em blockdrops.lens e na newsletter do linkedin https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7056680685142454272 --- Send in a voice message: https://podcasters.spotify.com/pod/show/blockdropspodcast/message
Welcome to the Crypto News Consensus, where we break down everything happening in crypto! Every week, various Obsidian Council members join the panel for a conversation about what's happened this last week in crypto and web3! This week: Market Crash (whats causing it) | Torando Cash Devs Charged | Rapid accumulation by whales | USDC Making Moves | BRICS Summit Breakdown | SpaceX Sued and how it connects to twitter | FriendTech | Ripple Case As always, we want to stress that nothing in this is financial investment advice. Our goal with these conversations is to give everyone listening one more tool in their belt to utilize while they do their own research and learn more about crypto. Find us: https://linktr.ee/theobsidiancouncil Find our speakers this week: Matthew Walker: https://twitter.com/hawaiianmint Austin Rikley: https://twitter.com/AustinRikley Cesar Martinez: https://twitter.com/poppabigmac Find our Sponsors: Astrabit: https://astrabit.io/ Talent by Obsidian: https://www.obsidianfi.com/web3-talent-by-obsidian#form
#CBDC #tokenization #stablecoin Tune in to this episode of the Security Token Show where this week Herwig Konings and Kyle Sonlin talk about how stablecoin volumes were nearly as high in transaction volume as Visa! Kyle's Company of the Week: Goldman Sachs: https://www.goldmansachs.com/ Herwig's Company of the Week: Dinari: https://www.dinari.com/ = Stay in touch via our Social Media = Kyle: https://www.linkedin.com/in/kylesonlin/ Herwig: https://www.linkedin.com/in/herwigkonings/ Opinion articles, interviews, and more: https://medium.com/security-token-group Find the video edition of this episode on our Youtube Channel: https://www.youtube.com/channel/UCTKdeN3ElyPeqtROWUp0CmQ All articles that were discussed were sourced from https://STOmarket.com/news Check out our medium blog for more news! #STSTOP5 Articles of the Week USDC Consortium: https://www.ledgerinsights.com/usdc-coinbase-invests-circle-stablecoin/ Australia Endorses CBDC Benefits: https://cointelegraph.com/news/australia-rba-cbdc-pilot-finds-uses-payments-tokenization AsiaNext Partners with Colt's Capital Markets: https://www.crowdfundinsider.com/2023/08/211673-asianext-selects-colts-capital-markets-solutions-for-digital-securities-crypto-derivatives-trading/ Dinari: https://cryptonews.com/news/tokenized-stocks-pioneer-dinari-earns-regulatory-green-light.htm Brevan Howard Digital: https://www.ledgerinsights.com/brevan-howard-digital-stablecoins/ Institutional Update: Hong Kong Bond Tokenization: https://cryptotvplus.com/2023/08/hong-kong-bond-tokenization-lessons-learned-from-project-evergreen/ Market Update: Market Update: RealT: https://twitter.com/RealTPlatform/status/1694440025247699448?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1694440025247699448%7Ctwgr%5E719ee0015271f9db2166e4c9aa906ac481fbc1b2%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2FRealTPlatform2Fstatus2F1694440025247699448widget%3DTweet INX: https://www.prnewswire.com/news-releases/inx-closes-initial-investment-phase-with-republic-partnership-set-to-deepen-and-accelerate-301904503.html = Check out our Companies = Security Token Group: http://securitytokengroup.com/ Security Token Advisors: http://www.securitytokenadvisors.com/ Security Token Market: https://stm.co InvestReady: https://www.investready.com ⏰ TABLE OF CONTENTS ⏰ 0:49 Introduction: Stablecoin Volumes At $11 Trillion In 2022 1:57 USDC, CBDC, AsiaNext, Dinari, Brevan Howard Digital | STSTOP5 9:15 Securitize, Ledgible, TokenizeThis Conference | STA Success Network Updates 10:51 Hong Kong Bond Tokenization | Institutional Updates 12:44 INX, RealT | Market Updates 13:49 Companies of The Week: Goldman Sachs, Dinari
Welcome back everyone, it's Friday August twenty fifth, twenty three, and this is your weekly Crypto review. Here are some highlights to bring you up to speed…The Biden administration unveils new crypto tax reporting rules, stating Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed U.S. Treasury Department rule published on Friday. The rule is part of a broader push by Congress and regulatory authorities to crack down on crypto users who may be failing to pay their taxes. For more on Crypto taxation and accounting, be sure to check out part one of our Web3 Unpacked accounting episodes.Coinbase Global, the company behind the largest crypto exchange in the U.S., announced Monday that it acquired an equity stake in Circle Internet Financial, the issuer of USDC, the second-largest stablecoin by market capitalization.Bitcoin's mining difficulty level reached an all-time high of 55.62 trillion hashes this week. According to Bitfinix analysts, the increase in mining difficulty suggests "miners believe the current BTC level is fairly valued, or maybe a little under priced of its true value."The controversial crypto project co-created by Sam Altman saw its WLD token drop 9.1% over the past 24 hours and 43.6% over the past 30 days. Despite launching only recently, Worldcoin finds itself facing regulatory headwinds due to concerns over data privacy. The backlash has led to the exclusion of U.S. residents from purchasing or trading the token, exacerbating selling pressure.XRP whale moves 29 million tokens to Bitstamp amid price slide.and finally… Shopify, the cornerstone of global e-commerce facilitating transactions worth a staggering $444 billion worldwide, has opened its doors to Solana Pay. This collaboration enables millions of businesses operating on the Shopify platform to offer their customers Solana Pay as a secure payment option. This is a very good thing, GO Shopify and Solana!Thank you for tuning in, for more insights into the world of Web3, and how to navigate the rapidly changing crypto and blockchain landscape, visit MVMT dot Media and look for Web3 Unpacked podcasts on Apple, Spotify or wherever you get your podcasts.The information provided in this broadcast represents the sole opinions of MVMT and should not be construed as financial advice. Any actions taken based on this information are at the sole discretion and risk of the individual, and MVMT disclaims any responsibility for the consequences thereof. It is strongly advised that individuals seek qualified professional financial advice before making any financial decisions.#cryptonews #weeklycryptoreview #solana #coinbase #xrp #worldcoin #cryptotax #shopify
Farcaster on Optimism & Future of Web3 Social, Base x Friend.tech updates, Coinbase x Circle, Solana Pay integrates with Shopify, Helium mobile $5 plan, Opensea 0 royalties + 0.5% platform fee cause uproar, NFT Sales are SuperRare, DeGods performance after s3, Mahomes x Azuki & more!
Matt and Nic are back for more news and deals. In this episode: The Bitcoin halving is coming up We review the Republican Presidential debate We review the state of New Jersey Coinbase takes a stake in Circle Hidden tensions between Coinbase and Circle BH Digital releases a stablecoin report USDC is challenged due to their inability to pay interest The DoJ charges the founders of Tornado Cash with AML and sanctions violations Did the Tornado Cash token hurt the founders' case? The problem with chat apps creating their own tokens FTX is working with Galaxy to liquidate some crypto SBF isn't happy with his prison meals Prime Trust was up to some shenanigans Content mentioned: BH Digital, The Relentless Rise of Stablecoins Sponsor notes: Coin Metrics STATE OF THE NETWORK — From East to West: the Global Pulse of Stablecoin Transactions In Coin Metrics State of the Network Issue 221, we provide a data-driven overview of halvings and their implications in anticipation for Bitcoin's upcoming 4th halving
Welcome to today's episode of "GM Web3," where we dive into the latest developments in the world of finance, cryptocurrency, and blockchain technology.In our previous episode, we saw a robust day in the equities market, with NVIDIA leading the way with an impressive 8% surge in their stock price, thanks to their stellar earnings report. However, today presents a different picture as stocks have taken a downturn. The spotlight has also shifted to interest rates, which have pulled back from their recent highs.One noteworthy indicator of the economy's health is the initial jobless claims report, and it's signaling strength in the labor force. This suggests a positive outlook for the job market.Turning our attention to the world of cryptocurrency, Bitcoin made a quick upward move, but it seems to have plateaued once again. Interestingly, the funding dynamics for Bitcoin and Ethereum are indicating a growing short position in the market. This could be due to a major fund hedging their bets, possibly against assets like NVIDIA stock. Our friends at OSF view this as bullish news for the short term, especially over the next couple of days.A significant development in the crypto space is the movement of funds off exchanges. A staggering 200 million dollars were moved off exchanges just yesterday, hinting at large players stashing their assets in cold storage. This move could have substantial implications for the market.Shifting gears to blockchain technology, Shopify is making waves by considering the use of USDC on the Solana blockchain. This move has the potential to gain popularity as it would substantially reduce transaction fees when compared to traditional credit card payments.Lastly, we're excited about the upcoming Korea Blockchain Week, where we anticipate the convergence of artists, blockchain founders, and new enthusiasts. This event promises to be a hub of innovation and collaboration in the blockchain space.That's a wrap for today's "GM Web3" podcast. Stay tuned for more updates on the ever-evolving world of finance, cryptocurrency, and blockchain technology.GM! Hosted on Acast. See acast.com/privacy for more information.
Circle reveals it will support native USDC OP Mainnet. Zora released an Ethereum search browser extension. Sablier supports Snapshot voting for streams. And U.S. agencies indict developers of a privacy tool.
In crypto news today Coinbase acquires a stake in Stablecoin operator Circle and USDC Adds 6 New Blockchains. Gemini moves to dismiss SEC Gary Gensler lawsuit Attorney John Deaton references Ripple XRP case in gemini battle against the SEC.
The great crypto crash of 2022 was spectacular, to say the least. $2 trillion evaporated seemingly overnight. FTX collapsed. The price of Bitcoin fell to $18,000 in June 2022 just one year after it reached an all time high price of $69,000. The stablecoin company Circle was not also not spared. It lost half its valuation, had to delay going public, and was impacted by the SVB collapse. But things have turned around for Circle. It's USDC stablecoin regained its dollar peg in March and there is $26 billion of it in circulation. In today's episode of Leadership Next, Circle CEO and co-founder Jeremy Allaire joins hosts Alan Murray and Michal Lev-Ram to discuss how Circle, and the entire crypto industry, is pulling itself out of last year's wreckage. He compares the crypto crash of 2022 to the dot com bust of the late 90s and predicts that crypto will one day be as ubiquitous as the internet. Allaire also discusses the underlying value of crypto beyond being a speculative asset and how Circle's focus on stablecoins sets them apart. He also shares his take on the importance of the regulation of crytpo, both by the U.S. government and global bodies. Additionally, Allaire talks about the increasing role of traditional finance institutions in the crypto market and Circle's partnership with the UN to make USDC usable by Ukrainian refugees Leadership Next is powered by Deloitte.
Matt and Nic return for another week of news and deals. In this episode: Geographic distribution for USDC v USDT Blockchains have become dollarized What's the deal with Helium's phone plan? SBF heads to jail We inaugurate a new member of the bad boys Dubai regulators fines OPNX What's up with Argentina's Libertarian presidential candidate? We need a new theme song for the SEC The Prometheum saga rumbles on What's going on with Better Markets? Coinbase can now offer Bitcoin and ETH futures FTX and Genesis reach a settlement Content mentioned in this episode: Brooke Masters in the FT, When Tackling Crypto, the SEC Should Be Wary of Overreach Kristin Smith in Coindesk, The FIT Act Is the Most Comprehensive Crypto Regulation Ever Voted on by Congress Sponsor notes: Coin Metrics STATE OF THE NETWORK — From East to West: the Global Pulse of Stablecoin Transactions In Coin Metrics State of the Network Issue 220, we leverage seasonality analysis to reveal geographical trends in Stablecoin usage and volumes
Tomer Weller is the VP of Product at the Stellar Development Foundation. In this interview we discuss:- Adding Smart Contracts to the Stellar blockchain - Soroban - New updates on the MoneyGram partnership and usage of USDC- Allbridge Cross-chain bridge, unlocking interoperability between Stellar and other blockchains- Latest with Jed McCaleb- US Crypto Regulations- Exploits and the future of DeFi- BlackRock and TradFi getting into the crypto market- WorldCoin
In this Web3 Innovators: Insights podcast episode, we delve into the intriguing world of digital currencies and explore the concept of "Backdoor CBDCs." We discuss how certain stablecoins, like USDC, might inadvertently become collateralised by central bank reserves through intermediaries, sparking concerns among traditional banks. Additionally, we examine the potential of synthetic CBDCs and how they offer a unique approach to overcoming regulatory hurdles in the ever-evolving payment system landscape.Key Discussion Points:Backdoor CBDCs - Unraveling the Mechanism:What distinguishes a backdoor CBDC from a synthetic CBDC?Understanding how a stablecoin like USDC might be collateralised by central bank reserves without direct involvement with the central bank.Insights into Blackrock's involvement and their use of the Federal Reserve's reverse repo facility (RRP).Synthetic CBDCs - A Novel Solution:Exploring the concept of synthetic CBDCs that are not issued by central banks but rely on a tokenised deposit system.Overcoming regulatory complexities in establishing blockchain-based payment systems.Examining the Bank of England's omnibus account and its implications on wholesale financial markets.USDC vs. Retail CBDCs - Assessing the Landscape:Understanding the characteristics of USDC as a retail crypto currency provided by Circle.Comparing retail CBDCs potentially issued by commercial banks on public blockchains, with a focus on J.P. Morgan and Citi dollars.Analysing issuer risk and the need for a robust regulatory framework to safeguard retail holders.Join us in this exploration of the future of digital currencies and the potential implications for the financial ecosystem. We unravel the complexities of backdoor CBDCs, discuss the challenges of traditional banks, and envision the path ahead for retail digital currencies. Tune in to gain valuable insights and be part of the conversation on the rapidly evolving world of CBDCs and stablecoins.Stay informed, subscribe to our podcast, and never miss an episode as we navigate the dynamic landscape of finance and technology. Connect with Us Join the Web3 Innovators community and engage with like-minded individuals passionate about the potential of blockchain technology.Contact Web3 Labs:Twitter | LinkedIn | Instagram | Facebook | Discord | Tiktok • Explore Web3 Labs: Web3 Labs specialise in web3 solutions for enterprise. • Email Web3 Labs • Get Conor's latest thoughts on Web3 and where we're headed.
Eric Balchunas, Bloomberg's senior analyst for exchange-traded funds (ETFs), and his colleague James Seyffart summarized all approval requests for Ethereum (ETH) futures ETFs that are under review by the U.S. Securities and Exchanges Commission. Meanwhile, a twitter debate broke out having to do with Coinbase's crypto payment tech. Is Ethereum & Solana the best for crypto payments or is Bitcoin innovating beyond them?
Lex chats with Emma Kerr - Senior Vice President, Head of Strategic Partnerships, Europe at Visa - one of the world's largest payment networks. In this episode, Emma unravels Visa's comprehensive definition of commerce and the nuances of being a merchant. She shares her remarkable journey within Visa and the evolution of payment networks over time. The discussion delves into the intriguing concept of the "network-of-networks," exploring Visa's strategic position amidst the ever-changing landscape of payments, including the emergence of crypto and Web3. Emma sheds light on the exciting world of Web3 commerce, where utility, value, and digital objects converge. They discuss the significant value of non-fungible tokens (NFTs) and digital object wrappers, and how they shape the future of the crypto industry. As they look ahead, they predict the evolution of digital objects and crypto payments, envisioning a shift from primitives to highly interactive software and the seamless integration of crypto into payment rails. The episode concludes with Emma offering insights into Visa's forward-thinking strategy to navigate the multi-rail payments landscape and maintain hyper-relevance in this dynamic and complex space. MENTIONED IN THE CONVERSATION Visa's Website: https://bit.ly/3Owc5MOEmma's LinkedIn profile: https://bit.ly/3Kjr3DD Topics: Payments, crypto, paytech, NFT, web3, commerce, network, payment network, payment rail, E-commerce Companies: Visa, USDC, VisaNet, Visa B2B Connect ABOUT THE FINTECH BLUEPRINT
Drop 1: Chainlink CCIPhttps://blog.chain.link/ccip-mainnet-early-access/Drop 2: Cartao Visa Gnosishttps://techcrunch.com/2023/07/17/gnosis-has-a-visa-card-that-lets-you-spend-self-custodial-crypto-in-europe-soon-us-and-hong-kong/Drop 3: FCA anuncia sandbox permanentehttps://www.fca.org.uk/news/news-stories/launch-permanent-digital-sandbox.. More: Celo propõe se íntegrar como uma L2 do Ethereum https://www.theblock.co/post/239838/a16z-backed-clabs-submits-plan-for-celo-to-transition-into-ethereum-layer-2Lacoste NFTshttps://www.linkedin.com/feed/update/urn:li:activity:7081565083339763714/FSB finaliza o arcabouço regulatório para atividades em cripto ativoshttps://www.fsb.org/2023/07/fsb-finalises-global-regulatory-framework-for-crypto-asset-activities/Bacen anuncia consulta publica sobre regulacao criptohttps://br.cointelegraph.com/news/central-bank-announces-public-consultation-on-regulation-of-bitcoin-and-cryptocurrencies-in-brazilNasdaq adia lancamento de custódia cripto em função do ambiente regulatório nos EUAhttps://www.coindesk.com/business/2023/07/19/nasdaq-halts-plan-for-crypto-custody-service-due-to-us-regulatory-conditions/1 milhão de Carteiras de Identidade Nacional no Brasil, usando a solução em Blockchain b-cadastrohttps://www.blocknews.com.br/governos/nova-carteira-de-identidade-estara-em-blockchain/Bitso integra USDC via Stellar para ampliar seu serviço de transferências internacionaishttps://www.eleconomista.com.mx/tecnologia/Bitso-anuncia-integracion-con-Stellar-y-amplia-red-de-pagos-internacionales-20230719-0026.htmlOpensea "Deals" permite trocar NFTs por NFT + wETHhttps://twitter.com/opensea/status/1682077991029932032?t=YCzSEnTbFME4K3AlhGtmYA&s=08Floor app: NFTs só em mobilehttps://decrypt.co/149295/floor-app-reveals-ethereum-nft-art-drops-exclusively-on-ios-and-androidBC da França define 3 modelos de wCBDChttps://www.ledgerinsights.com/banque-de-france-wholesale-cbdc-3-models/ Meu conteúdo em inglês https://bi.11fs.com/Me sigam em blockdrops.lens e na newsletter do linkedin https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7056680685142454272 --- Send in a voice message: https://podcasters.spotify.com/pod/show/blockdropspodcast/message
Everything you Need to Know About Blockchain-Based Payment Systems Napster evolved into Spotify, Skype evolved to Whatsapp Calls and Facetime, even speaking to a teller at a bank has evolved into the ATMs and internet banking, but the payment industry seemingly hasn't progressed much in the last century and in our latest episode, host Ian Andrews sits down with Joey Garcia, Director and Head of Public Affairs, Policy, Regulatory Affairs at Xapo Bank, who explains why. Joey shares his early days involved in digital asset regulation in Gibraltar and how Xapo Bank is bridging the gap between traditional banking and blockchain-based payment settlement systems. He shares the promise of stablecoins in the future of the digital asset landscape and how the defunct Facebook Libra / Diem project may have paved the way for thoughtful contributions to the EU's MiCA Regulation. He touches on grassroots adoption and use cases in Africa and LATAM and tries to shine a light on where DeFi will land when it comes to regulatory oversight. Minute-by-minute episode breakdown (2:25) - Joey Garcia's crypto journey and discussion on the early days of cryptocurrency regulation in Gibraltar (5:15) - Evolution of technology and Xapo Bank's role as a bridge between traditional banking and blockchain-based payment settlement systems (11:45) -Discussion of CBDC's, USDC stablecoin, blockchain-based payments and everything in between (14:37) - Explanation of fractional banking and how Xapo offers interest on crypto held in custody (17:45) - Understanding the business models of VASPs above and beyond just AML and Compliance (22:45) -Is MiCA the GDPR of virtual asset regulations? (26:59) -Overview of the development of digital asset regulation in different regions and the impact the Libra project had on such regulations (32:15) - One stablecoin to rule them all? (35:25) - What is the main factor behind grassroots crypto adoption in Africa and LATAM? (37:45) - Where does DeFi fit into the future of digital assets and blockchain technology? Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Xapo Bank: The Digital Bank For A Global Village Podcast: Xapo Bank: Mavericks Podcast Announcement: Xapo Bank is the First Bank to Fully Integrate With USDC Blog: Maximizing Your Wealth: 3 Things to Know About Xapo Bank's 4.1% Interest* Rate on USD Podcast: Crypto Pod: The Graveyard of Crypto Exchanges Blog: Multichain Protocol Experiences Mysterious Withdrawals, Suggesting Multi-Million Dollar Hack or Rug Pull Blog: Crypto Crime Mid-year Update: Crime Down 65% Overall, But Ransomware Headed for Huge Year Thanks to Return of Big Game Hunting YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Telegram: Chainalysis on Telegram Speakers on today's episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) Joey Garcia (Director and Head of Public Affairs, Policy, Regulatory Affairs, Xapo Bank) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material. Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.