Stellar Launches Open-Source Platform for Global Payments
Blockchain-based payment network Stellar has launched an open-source disbursement platform for global payments. Stellar stated in its announcement that SDP may assist with duties ranging “from paying gig workers anywhere in the world to delivering digital aid’.” The tweet claims that anyone can use the service to pay with cryptocurrencies anywhere worldwide and that it […]
Coinbase Suspends USDT, DAI, RAI in Canada
Coinbase has decided to halt trading of prominent stablecoins, namely USDT, Dai, and RAI, for its Canadian users. Cryptocurrency exchange Coinbase said that starting in September 2023, it would no longer allow Canadian users to trade the stablecoins USDT, DAI, and RAI. Days have passed since operations began in the nation. With this revelation, Coinbase […]
US BlockFi Clients Free to Withdraw Funds After Court Order
Numerous US-based clients of the defunct crypto lending firm, BlockFi, have reported being able to access their accounts following a directive from the U.S. Bankruptcy Court. Following an injunction from a U.S. bankruptcy court, many clients of the now-defunct crypto lending company BlockFi have reported being able to withdraw money for the first time in […]
BitExchange Enables XRP Options Trading
According to the announcement, BitExchange became one of the first “platforms offering XRP options trading to institutional and retail traders.” BitExchange has introduced XRP (XRP $0.58) linked options on its cryptocurrency derivatives platform. The project will enable users to trade XRP options without owning any cryptocurrencies, the exchange said in a statement on August 17. […]
Colombia Central Bank Recommends Limiting CBDC Holdings, Spending
According to the Central Bank of Colombia, restricting CBDC transactions may help with concerns over user security and privacy. The central bank of Colombia believes that restricting transactions involving a potential central bank digital currency (CBDC) could enhance user security and privacy. Although the bank has not decided on creating a CBDC, it sees benefits […]