The move, according to various local Iranian media sources, has been initiated by the Iranian government, which now permits foreign governments to purchase sophisticated equipment from the Iranian Defence Ministry using cryptocurrency. The project is led by the Ministry of Defence Export Center, or Mindex, a government entity tasked with
China’s central bank is planning a significant transition in its digital currency plans, as the central bank is now planning to allow interest to be paid on commercial bank holdings of the digital yuan. This is part of efforts to promote the adoption rate of the central bank digital currency.
Origin of Stablecoins Stablecoins made their debut in 2014. It aims to combine the steady value of fiat currencies with the openness and flexibility of blockchain technology. The first of its kind, BitUSD, was introduced in July 2014 as a credit-backed stablecoin on the BitShares platform. Tether (USDT), which was
In a strategic development unveiled at the Dubai FinTech Summit 2025, the Government of Dubai has signed a Memorandum of Understanding (Mou) with Crypto.com to enable cryptocurrency payments for government services. This strategic partnership marks a global first, setting the stage for a fully integrated public-sector crypto payment framework. The
While the global crypto market faces heavy weight from the U.S. President Donald Trump’s Tariff action, Binance, a leading cryptocurrency exchange has announced a team up with global payment giant Worldpay, a public payment processing company to make buying crypto even easier. Starting today, users are able to buy cryptocurrencies
Mesh, a leader in crypto payments, strengthens its commitment to the Web 3.0 ecosystem by joining Unchained Summit Dubai as a Platinum Sponsor. This partnership will fuel discussions on seamless digital asset payments and the future of decentralized finance. Wednesday, 2 April 2025, UAE: Organized by Aeternum, a rising B2B
Trump’s re-election brought a major shift to the crypto industry, not only in terms of acceptance but also in its adoption. It even dropped several major cases against crypto entities that were filed by the previous US administration. The 5-year-long Ripple vs SEC lawsuit has also ended recently on March
Ripple, the world leader in enterprise blockchain and crypto technology solutions, has received approval from the Dubai Financial Services Authority (DFSA). The new license allows to provide regulated crypto asset services and payment solutions to the Dubai International Financial Centre (DIFC). Ripple has become the first blockchain-enabled payments provider to
Singaporean department store chain Metro has joined forces with local crypto payments firm DTCPAY to integrate stablecoin payments across its physical stores and online platform, Metro Mall. The Metro will support four major stablecoins namely Tether’s USDT, Circle’s USDC, Worldwide Stablecoin Payment Network’s WUSD, and the Metro will also add
After the last halving event on Aug 5, 2019, Litcoin Halving happened yesterday (Aug 2, 2023) as per the schedule. The expectation of the halving event kept predominantly to impact the price with a surge yet the result ended up with a drop of 6% in approximation. However, a total
