Category Archives: CRYPTO

In 2 weeks, we will be ready for the upgrade vote that is expected to allow us to move forward with the integration of Quantum Technologies around the world.
At this time, you can expect fluctuations in the market as many assets being tokenized and interfaced with Global Markets around the world will bring our markets and banking system into alignment with one another under the new digital asset based trading system and Basel 3 compliance protocols.
© Goldilocks
https://stellar.org/blog/developers/protocol-20-upgrade-guide

Hedera and Algorand Blockchains Collaborate to Build DeRec Alliance for Assets Recovery
The introduction of DeRec aims to unite the Web3 ecosystem and establish new industry standards, ensuring a painless and secure process for digital asset recovery across various wallets.
Hedera and Algorand blockchains have joined forces to establish a groundbreaking protocol known as the DeRec Alliance. This new interoperability recovery standard is set to enhance the recovery and adoption of cryptocurrencies and other digital assets.
According to an official press release on January 11, the DeRec Alliance was introduced as a collaborative venture involving various entities in the Hedera and Algorand ecosystems.
Key contributors include the HBAR Foundation, Algorand Foundation, the Hashgraph Association, Swirlds Labs, the DLT Science Foundation, and esteemed industry partners such as The Building Blocks and BankSocial.
Hedera and Algorand Blockchains Collaborate to Build DeRec Alliance for Assets Recovery
UBS, the Zürich-based banking giant, will let some clients who desire to trade bitcoin ETFs do so, subject to some conditions, according to a person familiar with the matter.
The conditions, according to the person close to UBS who asked to not be named, include: UBS cannot solicit the trades and accounts with a lower risk tolerance won’t be able to buy them.
A UBS spokesperson declined to comment.
Citigroup, meanwhile, “currently provides our institutional clients with access to the recently approved Bitcoin ETFs from an execution and asset servicing perspective,” a spokesperson told CoinDesk Thursday. The New York-based global bank is “evaluating the products for individual Wealth clients.”
Bitcoin ETFs debuted to enormous excitement on Thursday, with billions of dollars worth traded on the first day they were available.
Vanguard, the large U.S.-based investment firm, said Thursday it would not let customers trade them.
JPMorgan CEO says Bitcoin has no value & its use cases are sex trafficking, tax avoidance, money lau
JPMorgan CEO says Bitcoin has no value & its use cases are sex trafficking, tax avoidance, money laundering, and terrorism finance
U S Sec approves bitcoin ETFs in watershed for crypto market


Circle, the issuer of the USDC stablecoin, announced a Memorandum of Understanding with SBI Holdings, the prolific web3 and blockchain investor. SBI will help Circle to circulate USDC in Japan and together they will “expand the use of stablecoins in Japan.”
USDC is the second largest stablecoin with a $24.6 billion market capitalization. While USDC is considerably smaller than Tether, the latter is not issued from a regulated jurisdiction. Plus, the State of New York banned Tether, making regulated institutions wary.
In terms of the deal, SBI Shinsei Bank will also provide banking services to Circle. And the SBI Group will adopt Circle’s Web3 solutions including its programmable wallet.
SBI’s crypto exchange subsidiary SBI VC Trade applied for a license as an electronic payment instruments service. This is to help to distribute USDC.
https://www.ledgerinsights.com/usdc-japan-stablecoin-circle-sbi/



















