Tag: Adopts

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XRP sinks below $1 for first time since 2024 as Korean bank adopts Ripple Payments

Fiona Murray, Ripple's managing director for Asia Pacific, said in a statement the deal reflects growing momentum across Korea's institutional financial sector, with banks...

UK Adopts ‘No Gain, No Loss’ Tax Treatment For Crypto Lending And Liquidity Pools

The United Kingdom’s HM Revenue & Customs will treat certain disposals involving cryptoasset loans and liquidity pools as “no gain, no loss,”...

Hyundai adopts stablecoins for cross-border treasury transfers

Hyundai, the world’s third-largest carmaker by vehicle sales, moved a stablecoin-based, cross-border, internal remittance system into production readiness on the Avalanche blockchain, becoming the...

EU Parliament Adopts Digital Assets Policy Position After MiCA Deadline

EU lawmakers on Tuesday adopted a position paper on digital assets, setting out their view on how the bloc should approach crypto regulation after...

Coinbase-Backed Base Adopts Succinct’s SP1 zkVM to Cut Finality Times and Boost Security

The Base network is moving to integrate ZK proofs into its core security stack, marking one of the most consequential upgrades yet for Ethereum’s...

Paraguay Adopts Stricter Crypto Oversight, Mandates Detailed Transaction On Bitcoin Reporting

Paraguay’s National Directorate of Tax Revenue (DNIT) has issued General Resolution No. 47/26, imposing comprehensive reporting requirements for bitcoin and crypto activity. ...

Google’s Celo Sepolia Testnet Faucet Adopts Self Protocol’s ZK Identity Verification

Google Cloud has integrated Self Protocol’s zero-knowledge (ZK) proof-of-humanity into its Web3 faucet for the Celo Sepolia testnet. The integration intends to curb automated...