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European Union finance ministers moved closer this week to a common position on the bloc's planned central bank digital currency (CBDC), the digital euro, which the EU frames as a strategic alternative to U.S.-dominated payment rails like Visa and Mastercard. The latest push emerged from ministerial…
Canada’s central bank is calling for the country to establish a stablecoin regulatory framework to modernize the payment system and avoid falling behind other countries that are moving forward with such policies.“Even if you’re on the right track, you’ll get run over if you sit there,” Ron Morrow, t…
Ripple has finally finished its legal battle against the US Securities and Exchange Commission, bringing legal clarity to the underlying coin, XRP . Now observers are asking whether XRP can finally focus on providing a viable alternative to SWIFT.The Society for Worldwide Interbank Financial Telecom…
Stellar (XLM) is currently stabilizing near the $0.42 mark after a volatile July rally that pushed prices up by more than 75%.Following a brief pullback to around $0.37, buyers have stepped in, keeping the token above critical support zones. As of early August, XLM trades between $0.384 and $0.392, …
China was among the earliest countries to enthusiastically embrace cryptocurrency. The country was one of the largest markets for crypto as the popularity of Bitcoin and Ethereum grew among the citizens. As the demand for crypto grew, China tightened its rules and regulations to maintain stability a…
South Korea’s central bank will reportedly launch a virtual asset committee to monitor the crypto market and has refocused and renamed its central bank digital currency (CBDC) team to actively explore digital currency. A Bank of Korea official said its Virtual Asset Team will also be responsible for…
U.S. House lawmakers are back on track to push forward with landmark cryptocurrency legislation after a previous routine vote turned tumultuous earlier in the week.The U.S. House of Representatives voted 215 to 211 on Wednesday to move forward and later take a vote on the Guiding and Establishing Na…
The US House of Representatives has cleared the way for three Republican-led crypto bills to be considered in the chamber after a failed vote on Tuesday.In a Wednesday floor vote in the House, lawmakers voted 215-211 in favor of a resolution to reconsider a package with bills to regulate payment sta…
The Congress has turned into a political showpiece on Tuesday, July 15, after 12 Republicans failed a procedural vote on several crypto-related legislation. What had begun as a positive crypto week for President Donald Trump has turned sour after the Congress signaled different interpretations of ce…
A procedural vote that would have cleared the way for lawmakers to pass monumental cryptocurrency legislation has failed.On the House floor on Tuesday, lawmakers voted 196 to 223 against moving forward with voting on three bills that were scheduled for votes this week. A House aide told The Block th…
In 2025, Chile is evolving its regulatory framework for fintech, cryptocurrency, and potential Bitcoin reserves. The Central Bank of Chile has even issued a central bank digital currency (CBDC) to facilitate swift crypto transactions. The primary crypto law in Chile is its ‘Fintech Law’ (Law no.21.5…
Mexico is one of the first countries in Latin America to enact laws regulating financial technological institutions, also known as fintech law. With no specific cryptocurrency law, Mexico continues to evolve its regulatory systems in 2025, impacting financial institutions and individuals in the cryp…