The nine-year-old project, one of the earliest major blockchains, is getting a facelift to incorporate “smart contracts,” which theoretically could attract new applications and users – and potentially more demand for the XLM token.
The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday.
The Treasury Department issued a list of sanctions that included a business providing money transfers and digital assets exchange services in Gaza.
Sound Advisory will offer a network of “bitcoin-competent” financial planners to help HNWIs build distribution and utilization strategies and address potential tax and inheritance issues.
The BitLicense axis between New York and California may draw in other jurisdictions as the states solidify their position as the only regulatory option for crypto businesses in the U.S.
Standard Chartered chose Dubai as its base for launching crypto services. Reading between the lines, the message coming from banks and large institutions is that almost anywhere is preferable to the U.S.
The fund uses the CoinDesk Ether Total Return Index and BitGo will custody and stake the fund’s assets.
In March, Ether.fi raised $5.3 million in a seed round led by North Island VC.
The move could help amp up investor interest in FLOKI tokens, which form part of the Floki DAO ecosystem.
The widely-tracked technical analysis gauge recently tanked to levels that have historically presaged a return of volatility to the crypto market.