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Uganda has launched a central bank digital currency (CBDC) pilot as part of a broader tokenization effort across the African nation, while its neighbor Kenya is on the verge of enacting a crypto regulation bill. Blockchain financial infrastructure company the Global Settlement Network (GSN) has partnered with Ugandan developer Diacente Group in an initiative to tokenize $5.5 billion of real-world assets, which also includes a CBDC pilot, the companies announced on Wednesday. It comes as Kenya’s virtual asset service providers (VASP) bill passed through the country’s parliament on Tuesday and now awaits President William Ruto’s signature to become law. Kenya’s VASP bill passed…
Binance has updated its risk labels, adding Wanchain (WAN) to the Monitoring Tag list and removing several tokens from both Monitoring and Seed Tags. The update, effective October 9, signals a potential for future Binance delistings and has triggered a double-digit price drop for WAN.These changes reflect the exchange’s ongoing efforts to protect users and maintain transparency. While some tokens now face closer scrutiny, others have demonstrated stability and cleared recent risk reviews.Sponsored SponsoredWAN Token Hits New Record Low Following Binance Monitoring Tag UpdateIn the latest update, Binance notified users that it has extended Monitoring Tag to WAN token. The…
Jupiter, a DeFi aggregator built on Solana, is working with Ethena Labs to roll out its own stablecoin called JupUSD. The launch is scheduled for the fourth quarter of 2025, and it is not being treated like a side feature. Jupiter plans to make JupUSD a core part of how its platform works, tying it into everything from swaps and lending to perps trading and beyond. What’s Holding It Together on Day One At launch, JupUSD will be backed entirely by USDtb, a stablecoin that is itself tied to short-term U.S. Treasuries. This gives it a clean, traditional kind of…
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, announced on Thursday the expansion of its operations in Australia, having secured formal registration with the country’s anti-money laundering regulator, AUSTRAC.The exchange’s Australian arm, Gemini Intergalactic Australia Pty Ltd, is now officially registered with AUSTRAC, Australia’s financial intelligence and anti-money laundering regulator, as the digital currency provider. Registering with Austrac is necessary before offering crypto exchange services in the country.Gemini is one of the top 20 cryptocurrency exchanges by volume. The exchange has registered a total trading volume of over $126 million in the past 24 hours, according to data…
Shares in BitMine Immersion Technologies managed to end a choppy day of trading at a slight gain after the crypto treasury company became the latest target of short seller Kerrisdale Capital.Kerrisdale said in a report on Wednesday that Tom Lee’s BitMine is “chasing a model that is on its way to extinction,” as it took a short position on the company, a bet that its stock would fall.Kerisdale argued BitMine’s strategy of selling shares at a premium to purchase Ether (ETH) and grow its token-per-share metric is no longer effective, and the company’s value compared to its crypto holdings is…
Anticipation is rising as Polymarket hints at a POLY token airdrop that could outshine previous records set by Pi Network and Uniswap. With over 1.35 million users and recent institutional investment at a $9 billion valuation, Polymarket’s potential airdrop is poised to make history in the crypto community.Sponsored SponsoredIs the Biggest Airdrop Yet Coming with Polymarket’s POLY Token?Speculation gained momentum after Polymarket CEO Shayne Coplan tweeted about POLY. The crypto executive’s post spurred discussions about whether the token could join the ranks of the largest crypto assets. The post signalled major ambitions for the project, with users wondering if the…
Polymarket, the crypto-native prediction market, has added support for bitcoin deposits, giving users a direct way to fund their accounts with BTC alongside other existing crypto options. The move coincides with bitcoin’s recent rally to all-time highs above $126,000, currently trading around $124,300, and reflects growing demand for crypto-native funding options on prediction platforms. Polymarket has taken the world by storm over the past two years, emerging as the largest prediction market where users trade shares tied to the outcomes of real-world events — essentially betting on what the future holds. On Polymarket, traders are bullish about the bitcoin price.…
Q And A Platform Software Market New Jersey, US State: “The global Q And A Platform Software market in the Information Technology and Telecom category is projected to reach USD 3.5 billion by 2031, growing at a CAGR of 15.5% from 2025 to 2031. With rising industrial adoption and continuous inOctation in Information Technology and Telecom applications, the market is estimated to hit USD 1.25 billion in 2024, highlighting strong growth potential throughout the forecast period.”Q And A Platform Software Market Size & Forecast 2031The Q and A platform software market is experiencing substantial growth driven by the rising demand…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Binance is celebrating a major milestone as BNB reaches new all-time highs around $1,350, marking another chapter in the exchange’s dominance. The price of BNB has surged over 55% since early September, fueled by strong momentum across the broader crypto market. With this latest rally, BNB has overtaken XRP to become the third most valuable cryptocurrency by market capitalization, now standing at $182.1 billion. The surge comes amid renewed enthusiasm around Binance Smart Chain (BSC), which continues to outperform other networks in decentralized exchange (DEX) activity. Data…
The Bank of England (BoE) will exempt crypto exchanges and other operationally critical firms from proposed stablecoin holding limits, potentially supercharing money into Bitcoin (BTC) and Ethereum (ETH).As Bloomberg News reported on Oct. 7, the central bank plans to grant waivers to firms that require large token inventories for market-making and settlement operations, according to a person familiar with the matter.The BoE will also permit the use of stablecoins for settlement within its Digital Securities Sandbox.The shift addresses backlash over draft rules reported in September that would have capped individual stablecoin holdings at £10,000 to £20,000 and limited firms to…
