Blockchain
SKN | Russia’s Digital Ruble Accounts Top 220,000 in First Month, Nearly 4X Central Bank Forecast
Key Points More than 220,000 digital ruble accounts were opened during the currency’s first month, significantly exceeding the Russian central bank’s forecast of...
SKN | UK Names Six Banks to Lead First Digitally Native Government Bond
Key Points The UK has appointed Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital Markets to lead the first digitally native government...
SKN | Pudgy Penguins-Backed Abstract to Shut Down After Tens of Millions in Losses
Key Points Abstract, a consumer-focused Ethereum layer-2 blockchain backed by Pudgy Penguins’ parent company Igloo Inc., plans to shut down on Dec. 15,...
SKN | OKX Targets Emerging Markets With Stablecoin Savings and Payments App
Key Points OKX has launched OKX Money in parts of Latin America, Africa, South Asia and the Middle East, combining stablecoin savings, transfers...
SKN | 71% of UK Finance Leaders Expect Tokenization to Reshape Financial Services
Key Points A Lloyds Banking Group survey found that 71% of senior UK finance leaders expect tokenization to reshape financial services. Faster payments...
SKN | Russia’s Finance Ministry Pays Salaries in Digital Rubles for First Time
Key Points Russia’s Finance Ministry said some employees received their salaries in digital rubles for the first time beginning Oct. 1. The voluntary...
SKN | THORChain and NEAR Debate the Limits of Permissionless Crypto
Key Points: The movement of roughly $387.5 million in stolen Bitget funds has intensified debate over whether decentralized protocols should intervene when illicit...
SKN | LATAM Stablecoin Liquidity May Depend on Small Group of Providers
Key Points: A report analyzing 494 companies in Latin America identified only 16 primarily focused on wholesale stablecoin-to-fiat liquidity, treasury and credit. Verda...
Don't Miss
SKN | Jay Clayton Named AI Czar as Bitcoin $600K Forecast Tests the Market
Key Takeaways Former SEC Chair Jay Clayton has been appointed to lead the White House Super Intelligence Force, adding a financial-regulatory perspective to...
SKN | Zcash Steps Up Washington Lobbying as Privacy Crypto Policy Takes Center Stage
Key Takeaways Pretty Good Policy for Zcash registered its first Washington lobbyist on October 1, targeting digital-asset market structure, taxation, financial privacy and...
