Kenyan President William Ruto recently urged his counterparts on the African continent to kickstart the process of ditching the U.S. dollar and replacing it with a pan-African settlement system. Ruto said the Pan-African Payments and Settlement System (PAPSS) allows business people to focus on moving goods and services. Pan-African Settlement System to Help African Countries […]

The bot is a ChatGPT model that’s so far only been trained on Satoshi Nakamoto’s public writings and a handful of Bitcoin-related source materials. Satoshi Nakamoto may have effectively disappeared over 12 years ago, but two artificial Intelligence dabblers are seeking to revive the ability to chat with the famed Bitcoin (BTC) creator. On May […]

Days after Digital Currency Group’s TradeBlock started winding down operations, investment bank TD Cowen has also announced its crypto unit’s closure. Just over a year after launching its crypto unit, American independent investment bank TD Cowen has announced the shutdown of Cowen Digital, though it has not provided a clear reason why. The multinational bank […]

U.S. lawmakers have introduced a bill to prohibit the Federal Reserve from “establishing, carrying out, or approving a program intended to test the practicability of issuing” a central bank digital currency (CBDC). “CBDCs would threaten the liberties of law-abiding Americans and are being used by authoritarian countries right now to crack down on dissent,” said […]

Crypto exchange Gate.io said on May 31 that its operations have not been impacted by other events, contrary to rumors circulating in the community. Gate.io reports zero issues Gate.io said that its withdrawals are working and that operations are healthy. It said that there are “no issues with our operations or withdrawals as rumored.” Speculation […]

The post Binance CEO Sets Sights on UAE and Hong Kong Expansion appeared first on Coinpedia Fintech News In a highly anticipated Twitter Ask Me Anything (AMA) session, Binance CEO Changpeng “CZ” Zhao provided exclusive insights that shed light on Binance’s future endeavors, its approach to Bitcoin mining, and the regulatory landscape in the crypto […]

The post Bitcoin News : Here’s Why BTC Price Is Dropping Today? appeared first on Coinpedia Fintech News In a sudden turn of events, Bitcoin (BTC), the leading cryptocurrency, took a nosedive and plunged close to the $27,000 mark earlier today, signaling a wave of selling pressure in the crypto market. Bitcoin’s price tumbled to […]

The post Binance CEO CZ Endorses Pro-Crypto Ron DeSantis, Ignites Industry Hope appeared first on Coinpedia Fintech News As the 2024 Presidential elections draw nearer, the significance of the crypto market narrative continues to grow. The existing regulatory framework for cryptocurrencies in the United States has faced substantial criticism, prompting the industry to eagerly anticipate […]

Luca Netz suggested that Pudgy Penguins is pushing for Web3/blockchain as a “back end not front end” approach, as it makes its IP as accessible as possible. The CEO of Pudgy Penguins — a nonfungible token project that recently launched a line of “phygitals” on Amazon despite the bear market — has offered one piece […]

The latest gold reserves survey by the World Gold Council shows that central banks are less optimistic about the future role of the U.S. dollar while their confidence in gold has risen. “There was basically a lot more pessimism about the U.S. dollar and a lot more optimism for gold,” said the council’s director of […]