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Chainlink, known to be a market leader in the blockchain oracle solution, became part of an alliance today which brings real-world implications of crypto into existence. While it has a great impact on the network on a developmental front, Chainlink’s investors might also benefit from this announcement.

Cross-border payments are lagging other financial services, and upstarts face major hurdles in developing more accessible payments networks, deputy Bank of England governor Sir Jon Cunliffe said.

If you want to invest in crypto, get out of Europe.

Thailand’s market regulator announced that the use of digit assets to pay for goods and services would be banned from April 1, according to a report from Reuters.

Crypto has broken into the top 10 of overall hedge fund strategies, with nearly 3% of hedge funds now adopting crypto in their investments.

Last week, Yuga Labs announcedApeCoin, a token used for future gaming and entertainment applications. Upon its launch, 1 billion ApeCoins were released through an airdrop. Within a day, it had a trading volume of over $9.2 billion, according to CoinMarketCap.

The climate insurance will be architected as a stablecoin-denominated, decentralised application (dApp) on Avalanche, an eco-friendly proof-of-stake blockchain. Farmers will be able to make and receive payments from their phone using global stablecoins or local currencies.

On its website, Acorns stresses that the bitcoin option is about offering customers another way to diversify their portfolios for the long term, providing an asset with low correlation to stocks.Acknowledging the cryptocurrency's volatility, the company says it opted for bitcoin futures so that customers can invest in its potential value without having to actually own it.

Crypto has broken into the top 10 of overall hedge fund strategies, with nearly 3% of hedge funds now adopting crypto in their investments.

If you want to invest in crypto, get out of Europe.

The project was organised along three workstreams: one focusing on high-level functional requirements and design, and two concurrent technical streams that developed prototypes on the Corda and Partior blockchain platforms.Andrew McCormack, head of the BIS Innovation Hub Centre in Singapore, says: "A common platform is the most efficient model for payments connectivity but is also the most challenging to achieve. Project Dunbar demonstrated that key concerns of trust and shared control can be addressed through governance mechanisms enforced by robust technological means, laying the foundation for the development of future global and regional platforms."Michele Bullock, assistant governor, Reserve Bank of Australia, adds: "Allowing entities to directly hold and transact in CBDCs from different jurisdictions could reduce the need for intermediaries in cross-border payments, but it would need to be done in a way that preserves the security and resilience of these payments.

The use of crypto assets is being closely watched by global financial regulators amid the war in Ukraine after worry about its use to evade Western sanctions on Russia, according to Reuters.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

The Goldman Sachs Group Inc. (GS) executed its first over-the-counter (OTC) crypto trade through its trading partner Galaxy Digital Holdings Ltd. (GLXY).This is the first such transaction by a major U.S. bank.

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

The crypto market is not alien to random assets rising every other day. Still, usually, these assets are the product of spot assets and chains. This week a new form of token emerged, and it did not fail to leave a mark. In fact, its demand was so profound it created an entire market for such coins.

The San Fransico-based fintech firm has had significant success over the past couple of months. On 12 March, Analisa Torresdenied the SEC’s motion to strike Ripple from using a “Fair Notice Defense.” The SEC alleged that the payments company unlawfully sold XRP as an unregistered security. A position the regulator maintained to this day.

However, Binance later "falsely notified" investors that it was allowed to continue operating in Ontario, says the OSC.The exchange has now undertaken to stop taking on new customers and to halt trading in existing Ontario accounts "apart from certain permitted actions to protect investors". The firm will also provide fee waivers and offer fee reimbursements.The Ontario setback is one of a myriad of regulatory problems that Binance has faced around the world over the last two years.