The British Treasury Department has confirmed its commitment to regulating stablecoins following the UST and LUNA collapse. "This will provide financial stability and high regulatory standards, while creating conditions for issuers and service providers to operate and grow in the UK," the Treasury spokesman said.
44 Countries Come Together in El Salvador for Bitcoin!
In El Salvador, which declared Bitcoin a legal currency in June last year, the president, Nayib Bukele, said on his Twitter account that from today, 44 representatives from countries will meet to discuss the digital economy with a focus on Bitcoin.
Grayscale Investments Announces First European ETF!
Grayscale Investments announced that the first European ETF, the Grayscale Future of Finance UCITS ETF, which will be passported for sale across Europe, will be listed on the London Stock Exchange, Stock Exchange Italiana and Deutsche Börse Xetra.
Bank of Japan Nomura to Offer BTC OTC Service!
Nomura, Japan's largest investment bank, said in a statement that it would establish a new company to mediate corporate clients' ability to invest in cryptocurrencies, decentralized finance (DeFi) and NFTs.
Emirates Airline Can Accept Bitcoin as a Payment Method!
The world's leading international airline Emirates, which wants to advance with new technology, announced its intention to accept Bitcoin as a payment management as of yesterday. However, Emirates Director of Operations Adel Ahmed Al-Redha said that Emirates is looking for new capabilities to accelerate customers' experience using cryptocurrency, blockchain, NFT and metaverse
technology. Luna's Trading Volume Increased by 200%!
After the UST stablecoin disaster that crashed the LUNA market, investors are trying to compensate for their losses while trying to profit from Terra's return at the dip price. On May 14th, it gained nearly 600 percent of value instantly, bringing LUNA's trading volume to over 200 percent, while seeing $6 billion.
Meta Adopts Bitcoin!
Meta, which has been working on launching its own stablecoin for years, announced that it has adopted Bitcoin and the Lighting Network. In addition, Andreessen Horowitz founded a new company called "LightSpark", supported by companies such as Matrix Partners, Paradigm and Coatue. Among Lightspark's closest competitors is Blockstream, Bitcoin's largest infrastructure company.
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