
India is exploring cross-border use of the e-rupee to reduce payment costs, improve trade settlement efficiency and expand the rupee’s global role.

India is exploring cross-border use of the e-rupee to reduce payment costs, improve trade settlement efficiency and expand the rupee’s global role.
Bitwise Asset Management has launched a new exchange-traded fund (ETF) designed to hedge against currency debasement, underscoring how digital assets are increasingly being incorporated into broader macro investment strategies following the success of spot Bitcoin ETFs. On Thursday, Bitwise unveiled the Bitwise Proficio Currency Debasement ETF, which trades on the NYSE under the ticker BPRO….
Prediction market Polymarket is in early talks with investors to raise funds at a valuation of $12 billion to $15 billion, potentially marking a 10-fold surge from four months ago, Bloomberg reported on Thursday, citing people familiar with the matter. This follows a $200 million round in June, led by Peter Thiel’s Founders Fund, which…
Key takeaways: Ethereum ETF outflows and cautious traders show limited confidence in ETH price going higher for now. Low derivatives premiums suggest a muted outlook for Ether’s price. Ether (ETH) fell 11% over the past week, even after reaching the $3,400 mark on Saturday. The drop came alongside a 4% correction in the Nasdaq index,…
Crypto lending company Nexo Capital will pay a $500,000 to California’s financial regulator over allegations it issued thousands of loans to state residents without properly assessing their ability to repay. The California Department of Financial Protection and Innovation (DFPI) said on Wednesday that Nexo made at least 5,456 consumer and commercial loans to Californians without…
Argentina is considering allowing local financial institutions to engage more directly with cryptocurrencies in a move that would mark a significant shift from its restrictive stance, according to local media report. According to a Friday report by local news outlet La Nacion, Banco Central de la República Argentina (BCRA), Argentina’s central bank, is considering allowing…
Stablecoin company Tether and video platform Rumble released a non-custodial crypto wallet on Wednesday, allowing users to tip Rumble content creators in digital currencies. The wallet will initially support Tether’s dollar-pegged stablecoin, USDt (USDT), Tether Gold (XAUt), a tokenized commodity product, and Bitcoin (BTC), according to an announcement from Rumble. MoonPay will provide fiat currency…