Eric Nkando
Reporting for The Distributed.
-
USDC Popular As Remittances’ Digital Currency In Asia – Circle Report
Stablecoin USDC is gaining traction in emerging markets, according to a new report by issuer Circle. Circle says that in 2022, approximately…
-
Japan’s E-commerce Giant Mercari To Offer Bitcoin Payments Option
Japan’s e-commerce giant Mercari to offer Bitcoin payments option Mercari, one of the largest e-commerce marketplaces in Japan, will start allowing Bitcoin…
-
UK Introduces The Digital Securities Sandbox In Crypto Hub Status Hunt
The UK published new regulations on Monday enabling the country’s financial regulators to test digital products and solutions. An explanatory memo of…
-
Standard Chartered Joins e-CNY Pilot Tests, To Offer Digital Yuan Exchange Services
Standard Chartered has joined the trials of Chinese digital yuan, according to an announcement on Monday. The bank’s China division is collaborating…
-
South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits In New Law
South Korea has published crypto rules requiring virtual asset services providers (VASPs) to pay customer fees for using their deposits. The draft…
-
Binance Could Pay A Record $4B To Settle Case With The U.S. Justice Department
Binance is reportedly discussing with the U.S. Justice Department about settling its long-standing case with the regulators. The Justice Department could demand…
-
CBOE To Offer BTC And ETH Margin Futures Trading In January
CBOE Digital has announced plans to allow trading for Bitcoin and Ether margin futures. Trading will start on January 11, 2024. The…
-
Fear of Missing Out? Hong Kong Considers Spot Crypto ETF Amid U.S. Indecision
According to the latest reports, Hong Kong is considering launching spot cryptocurrency exchange-traded funds (ETF). The move comes after authorities updated the…
-
U.K. To Begin A Phased Crypto Regulation In Early 2024 Amid Market Uncertainty
The U.K. has published final rules for regulating the crypto ecosystem. The Monday update shows the government will initiate a phased introduction…
-
U.S. Court Makes A Final Ruling Overturning SEC’s Rejection Of Grayscale’s Spot ETF
The conversion of the $17 billion Grayscale Bitcoin Trust (GBTC) into a spot ETF is back on the SEC’s table. This comes…