The UK is now the biggest player in the CNWE crypto space, with $217 billion in crypto assets under its belt and a big influence on trading services and stablecoins.
The EU is launching a 'Trusted Investors Network' worth almost 100 billion dollars to support deep-tech start-ups and future European technology leaders.
SCB has launched Thailand's first stablecoin payments, which are now available 24/7 and help cut costs using blockchain technology. The Thai Securities and Exchange Commission is looking to give the green light to investment funds for digital assets, with a particular focus on institutional investors.
A report from Standard Chartered says that Solana is overvalued compared to Ethereum based on some key metrics. The US election could have an impact on the development of Solana, Ethereum and Bitcoin.
There were some positive developments on the crypto market last week. In particular, the cut in interest rates by the US Federal Reserve (Fed) had a positive effect, with the reduction of 50 basis points leading to several cryptocurrencies rising significantly in price.
The banks are looking to give the Swiss financial system a bit of a makeover to make it more competitive in the digital age.
There's a chance that the wrapped bitcoin derivative cbBTC will be launched on Solana soon. This was announced by Coinbase at Token2049.
In Germany, 47 crypto exchanges were shut down because they were involved in cybercrime. The exchanges helped their customers to launder money. They did not ask for proof of identity.
Shiba Inu would like to point out that a significant number of BONE tokens currently locked in validators are expected to be issued as knBONE on Shibarium soon. This move aims to increase liquidity in the Shibarium system and provide developers and projects with the opportunity to integrate knBONE through staking pools and NFTs.
The Ethereum Foundation's sales are causing a stir in the industry - from cautious interest to enthusiasm. Vitalik Buterin has just sold Ethereum again, just as the foundation is currently carrying out Ethereum transactions.
Pavel Durov said that it stops people coming up with new ideas when company leaders are held responsible for how their platforms are used by other people.
Samsung has invested in Startale Labs because the Web3 company offers tools that make it easier for people to get involved, even if they don't have a lot of money to spend. Recently, Startale announced a partnership with Sony to develop and implement Sony's L2 blockchain, Soneium.
