Circle Initiates Confidential Filing for IPO in the US

by Александр Пирогов | Jan 12, 2024 | Blog News

Circle Internet Financial, the custodian of the USDC stablecoin, has filed for an initial public offering (IPO) in the United States. The Boston-based company aims to become a publicly traded entity, with the timing of the IPO dependent on the Securities and Exchange...

South Korea’s FSC Maintains Ban on Crypto ETFs

by Александр Пирогов | Jan 12, 2024 | Blog News

The Financial Services Commission (FSC) of South Korea has reiterated its stance on the prohibition of cryptocurrency exchange-traded funds (ETFs), stating that launching such funds is “impossible.” The FSC emphasized the need to stabilize financial...

Coinbase Partners with Yellow Card for Crypto Adoption in Africa

by Александр Пирогов | Jan 12, 2024 | Blog News

Coinbase has announced a strategic partnership with Yellow Card, a leading stablecoin exchange in Africa, to enhance access to cryptocurrency in the continent. The collaboration aims to provide users in 20 African countries with easy access to USDC, facilitating...

MicroStrategy: World’s Largest Corporate Bitcoin Holder, Surpasses $8.5 Billion in Value

by Александр Пирогов | Jan 12, 2024 | Blog News

MicroStrategy, a Nasdaq-listed business intelligence firm, has seen a substantial increase in the value of its Bitcoin holdings, accumulating over $500 million in unrealized gains in the current year. With a total of 189,150 BTC, MicroStrategy is now the world’s...

Nigerian Stablecoin Consortium Delays Launch, Awaits Central Bank Approval

by Александр Пирогов | Jan 12, 2024 | Blog News

The Africa Stablecoin Consortium (ASC), comprising Nigerian banks and fintech startups, has decided to postpone the launch of its stablecoin, cNGN, originally scheduled for February 27. Contrary to a previous announcement claiming Central Bank of Nigeria (CBN)...

Elon Musk Considers Using Bitcoin on Twitter (X) Infrastructure

by Александр Пирогов | Jan 11, 2024 | Blog News

After the SEC approved Bitcoin Spot ETFs, Elon Musk, during a Twitter Spaces event with Cathie Wood, expressed openness to using Bitcoin on Twitter’s infrastructure (now called X). While stating that he doesn’t spend much time thinking about Bitcoin and...