Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond
The 30 million-euro ($32.5 million) bond was settled through the Bank of France’s tokenized cash system and coordinated by BNP Paribas.
Regulations
Venezuela’s Election Body Says Nicolas Maduro Reelected President, Opposition Claims Victory Too: Reports
The opposition too has claimed victory in a nation where the dependence on crypto is fueled by multiple crises.
In Donald Trump’s Own Words – a Partial Transcript of His Bitcoin 2024 Speech
The following excerpts from former President Donald Trump’s speech – aided by AI transcription – focus on portions of his remarks in Nashville, Tenn., in which he addressed crypto and the industry directly.
Democratic Crypto Supporters Call for Crypto-Friendly Party Platform
More than a dozen Democrats in the U.S. House of Representatives and a long list of candidates for congressional seats are pushing their national committee to adopt a pro-crypto stance, according to a letter they sent on Saturday.
Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should “make it easy” for the crypto industry to innovate in the U.S.
Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA’s guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers’ deposits.
Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore
Singapore’s government noted an increasing use of cryptocurrencies in terror financing, even though it acknowledges that cash and other informal value transfer systems remain the predominant means for financial transactions.
Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto
The municipal pension plan of Jersey City, New Jersey, will soon invest in bitcoin via exchange-traded funds, according to a Thursday social media post from Mayor Steven Fulop.
Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs
Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.
Coinbase’s CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls
Despite the restrictions in place, CBPL onboarded and/or provided e-money services to 13,416 high-risk customers, the Financial Conduct Authority said.