Business

Turkey tops list for stablecoin purchases versus GDP
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30 April, 2024

Turkey tops list for stablecoin purchases versus GDP

Stablecoin purchases accounted for 4.3% of Turkey’s GDP, the highest ratio globally; the U.S. ranked fourth at 0.5% despite having...
DOJ dismisses Tornado Cash co-founder’s motion to dismiss
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30 April, 2024

DOJ dismisses Tornado Cash co-founder’s motion to dismiss

Tornado Cash co-founder Roman Storm argues there had been no conspiracy to launder stolen cash and that he has no...
Bundesbank president: Digital euro ‘won’t be introduced anytime soon’
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30 April, 2024

Bundesbank president: Digital euro ‘won’t be introduced anytime soon’

German central banker Dr. Joachim Nagel says the digital euro won't likely be live before 2028-2029 as Europe continues to...
US Payment Stablecoin Act could pose trouble for Tether
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30 April, 2024

US Payment Stablecoin Act could pose trouble for Tether

If the Payment Stablecoin Act passed and applicable bank regulations followed, it would open the door for America's biggest banks...
India’s IndusInd Bank executes programmable CBDC pilot with farmers
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30 April, 2024

India’s IndusInd Bank executes programmable CBDC pilot with farmers

The pilot project will be executed as an alternate form of CBDC where the bank can program the end use...
Coca-Cola inks $1.1 billion AI partnership with Microsoft
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29 April, 2024

Coca-Cola inks $1.1 billion AI partnership with Microsoft

Coca-Cola first announced the partnership in 2020, back then worth $250 million, but is scaling it up to include testing...
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