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EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto

EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto

The recovery fund spearheaded by the EU is made up of €390 billion in grants and €360 billion in loans, which will be added to a new Multiannual Financial Framework (MFF), with the sum of €1.074 trillion as a seven-year budget. The heads of state and government have reached a unanimous agreement, resulting in a total financial package of €1.82 trillion.

European Central Bank Encourages Clear Regulatory Structure for Stablecoins to Reap the Benefits While Minimizing Potential Risks

European Central Bank Encourages Clear Regulatory Structure for Stablecoins to Reap the Benefits While Minimizing Potential Risks

The European Central Bank (ECB) published an in-depth report on global stablecoins, focusing on highlighting the requirement for clear regulatory parameters for stablecoins, and the risks it may pose to financial stability. The ECB suggests that a “robust regulatory framework” must be established to address risks before its benefits could be explored.

ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks

ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks

ArcBlock has released an updated framework called ArcBlock Blockchain Platform 1.0. It will assist businesses and developers to quickly manage and build decentralized applications and blockchain networks.

SEC Commissioner & ‘Crypto Mom’ Hester Peirce Suggests Plan to Determine Whether an Asset is a Security

SEC Commissioner & ‘Crypto Mom’ Hester Peirce Suggests Plan to Determine Whether an Asset is a Security

“Crypto Mom” Hester Peirce is not the biggest fan of using the Howey Test to determine whether crypto assets are securities.

Ontology to Digitize Grocery Shopping Through Blocery DApp

Ontology to Digitize Grocery Shopping Through Blocery DApp

Ontology (ONT), a high-performance public blockchain project and distributed trust framework, has revealed its teaming up with Blocery, a high-end grocery pre-purchase/ agricultural products purchase e-commerce platform, for a premium dApp.

Twitter CEO Jack Dorsey Intends to Donate Proceeds from Tweet NFT to Africa Relief Charity

Twitter CEO Jack Dorsey Intends to Donate Proceeds from Tweet NFT to Africa Relief Charity

Twitter CEO Jack Dorsey has capitalized on the non-fungible token (NFT) hype that has been going around.

World Economic Forum Launches Global Consortium for Digital Currencies Governance

World Economic Forum Launches Global Consortium for Digital Currencies Governance

The World Economic Forum has unveiled a global consortium that aims to design a framework for the governance of digital currencies, including stablecoins. The consortium will focus on increasing access to the financial system through innovative policy solutions, which are interoperable and inclusive. The inspiration behind the formation of the consortium is based on the premise that opportunities for financial inclusion can only be unlocked if the space is properly regulated and include private-public cooperation across emerging and developed markets.

Elon Musk Reverses Decision to Sell NFT, but not before Setting an Asking Price of 420M Dogecoins

Elon Musk Reverses Decision to Sell NFT, but not before Setting an Asking Price of 420M Dogecoins

Elon Musk expressed his wish to sell his NFT for 420 million Dogecoins. This would translate to a total profit of around $24.26 million. However, the Tesla CEO seems to have come back on his decision. What has happened to DOGE's price in the meantime?

IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework

IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework

IOTA Foundation, a distributed-ledger technology developer, and Jaguar Land Rover, a leading British luxury car manufacturer, have introduced IOTA Access.

The ECB Expresses Concerns on Regulating Stablecoins

The ECB Expresses Concerns on Regulating Stablecoins

Due to the lack of regulation of stablecoins, concerns have been conveyed by the European Central Bank (ECB) despite stablecoins with a clear governance framework.

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