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There's a growing case for allowing crypto firms to bypass banks

Making the European Central Bank accessible to payment companies other than traditional banks would allow users to redeem their stablecoins directly for cash. Source: https://cointelegraph.com/rss There's a growing case for allowing crypto firms to bypass banks

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Binance Australia suspends AUD fiat services, citing issues with third party

Australian dollar deposits and withdrawals have been impacted due to a decision made by its third-party provider, it said in an announcement. Source: https://cointelegraph.com/rss Binance Australia suspends AUD fiat services, citing issues with third party

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Australia marks first FX transaction using a CBDC as eAUD pilot continues

The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain. Source: https://cointelegraph.com/rss Australia marks first FX transaction using a CBDC as eAUD pilot continues

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Montana's governor signs bill banning TikTok

Montana’s TikTok ban is now official. Governor Greg Gianforte signed a bill banning the app in the state, one month after it was passed by the state’s legislature. The law is scheduled to take effect in 2024, though legal challenges could potentially delay that timeline. The law prohibits the company from operating in the state […]

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US adults are spending less time on Twitter since Elon Musk took over

We’re starting to get a clearer picture of how Elon Musk’s takeover of Twitter has changed the platform. According to new data from Pew Research, a “majority” of US Twitter users have “taken a break” from the platform over the last year, and many of the site’s “most active” users are tweeting less often than […]