Crypto News

ShareRing to Trial Blockchain ID in Australian Government Age Verification Push

ShareRing is set to pilot its digital identity solution with school students as part of a federal initiative to boost online safety.Source link

Liberland: Can a Blockchain Nation Actually Work?

Liberland, a self-proclaimed blockchain nation, aims for innovative governance but faces challenges like unverified claims, lack of recognition, and economic instability. (Read More)Source link

Stablecoins Are a ‘WhatsApp Moment’ for Money Transfers, a16z Says

Remember the old days when calling or sending a message via text outside the country cost money? With the help of modern messaging apps like WhatsApp, paying for cross-border calls and texts is now obsolete. For money transfers, stablecoins might do just that: democratize the payments industry by eliminating historical gatekeepers, says venture firm Andreessen Horowitz (a16z)."Just as WhatsApp disrupted costly international phone calls, blockchain payments and stablecoins are transforming global money transfers," the firm said in a blog post on Wednesday. The current global payment infrastructure is a complex web involving points of sale, payment processors, acquiring banks, issuing banks, correspondent banks, foreign exchanges, and card networks. Read more: What Is a Stablecoin?To make matters more difficult, each of...

OpenSea Asks SEC for Clarity on NFT Marketplace Rules

OpenSea, which describes itself as a digital bazaar, wants regulators to draw a clear line between NFT marketplaces, exchanges, and brokers.Source link

Defining Moment for XRP: Ripple CTO Highlights XRP’s Potential in Multi-Trillion-Dollar Ecosystem

Ripple’s $1.25 billion Hidden Road acquisition supercharges XRP’s role in global finance, unleashing instant, cross-asset settlement and bridging blockchain with trillions in traditional capital. XRP to Anchor Cross-Asset Settlement in Ripple’s Hidden Road Brokerage Play Ripple’s entry into prime brokerage through its $1.25 billion acquisition of Hidden Road is expected to significantly elevate the utilitySource link