Coinbase Resumes XRP Trading in New York
After being suspended in 2021, the cryptocurrency platform Coinbase started trading XRP in the state of New York once more. The chief legal officer of Coinbase, Paul Grewal, declared on X that trading in XRP is now possible in the state. Grewal told the community on Thursday, “We heard you and put in the work […]
Grayscale Launches Near, Stacks Investment Trusts
Asset manager Grayscale announced two new trusts, exposing confident investors to the Bitcoin layer-2 Stacks and Near Protocol. Two new stand-alone cryptocurrency trusts from Grayscale have been unveiled, offering restricted access to the altcoin blockchain Near Protocol (NEAR) and the Bitcoin layer-2 network Stacks (STX). Rayhaneh Sharif-Askary, head of product and research at Grayscale, stated […]
DFINITY Introduces API to Improve Blockchain Compatibility
The EVM RPC and ckUSDC stablecoin were introduced on May 22 by the DFINITY Foundation, well-known for its work on the Internet Computer blockchain. The advancements will promote blockchain interoperability and increase the ecosystem’s use of decentralized finance, or defi. Lomesh Dutta, VP of Growth at DFINITY said: “Reaching the Tritium milestone with the EVM RPC […]
US House Passes CBDC Anti-Surveillance State Act
The House of Representatives decided to keep Congress in charge of any CBDC issuance that occurs now or in the future. The Republican-sponsored CBDC Anti-Surveillance State Act (H.R.5403), which forbids the Federal Reserve from creating or introducing a government-backed digital currency pegged to the dollar, was approved by the U.S. House of Representatives members on […]
Blockchain Use Cases in Legal: Smart Contracts to Evidence Management
Initially created for cryptocurrencies, blockchain technology has expanded its utility, demonstrating its value in law-related industries due to its immutable and transparent qualities. This article delves into how blockchain revolutionizes legal practices, particularly smart contracts and evidence management. Blockchain Technology Before delving into specific use cases, it’s crucial to understand the fundamental aspects of blockchain […]