MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins. www.coindesk.com
issue
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Smart Contracts
Quantum Computing Threat ‘Mostly a Coordination Issue’ for Bitcoin: Fireblocks CEO
by shayaanby shayaanIn short Michael Shaulov, CEO of Fireblocks, argued that the migration to post-quantum signature schemes is “primarily a coordination problem” for Bitcoin, …
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Markets
A Polymarket-linked bet on the weather in France forecasts a major data issue
by shayaanby shayaanThe incident shows that as more real-world outcomes become tradable, the real bottleneck is not trading itself, but the integrity and certification …
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Regulation
SEC and CFTC Issue Guidance on the Status of Cryptocurrencies in the U.S
by shayaanby shayaanU.S. regulators, the SEC and CFTC, have published joint interpretive guidance on the status of cryptocurrencies under current federal securities laws. This …
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Regulation
Georgia to allow companies to issue stablecoins backed by reserve assets
by shayaanby shayaanThe central bank of Georgia has authorized resident companies to issue fiat-pegged stablecoins that must be backed by assets in reserve. Users …
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Markets
Japan's SBI to issue 10 billion yen onchain bond with XRP rewards for retail investors
by shayaanby shayaanThe SBI START Bonds offer a fixed interest rate, blockchain settlement, and XRP rewards for eligible investors registered on the firm’s exchange. …
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In brief Coinbase CEO Brian Armstrong said quantum computing will not “break the blockchain,” calling it “a very solvable issue.” The exchange …
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Markets
Russia’s largest bank, Sberbank, prepares to issue crypto-backed loans
by shayaanby shayaanRussia’s biggest bank said it plans to offer loans secured by cryptocurrency following a pilot deal with a mining firm, with legislation …
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Hong Kong is moving closer to its first licensed stablecoin issuers. Today, Eddie Yue, head of the Hong Kong Monetary Authority, said …
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NEW YORK, February 3, 2025 – New York Issue, a digital publication covering business, startups, nonprofits, health, and local and national stories, …