Crypto News
Bank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a high level of acceptance due to the benefits it offers to Russian citizens. During a speech at the Federation Council, Nabiullina stated that it would be widely adopted within five to seven years.Source link
DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve
DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on CurveSource link
Circle’s Euro-Backed Stablecoin EURC Launches on Base
Circle's EURC stablecoin is now live on the Base mainnet, enabling developers and users to mint and redeem EURC. Supported by major partners like Coinbase and Uniswap. (Read More)Source link
IOTA Community Allocates Funds to Boost EVM Ecosystem
The IOTA community has approved a significant liquidity program to support the new IOTA EVM ecosystem, aiming to enhance growth and adoption. (Read More)Source link
EU Regulator Details How It Classifies Unlawful Overseas Businesses Under MiCA
The European Securities and Markets Authority released an opinion report to aid firms that may do business with overseas firms in order to prevent them breaching the rules on Wednesday.Source link