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🔵Circle, issuer of $USDC stablecoin, secures In-Principle Approval from ADGM’s FSRA, deepening its UAE presence and enabling digital finance in MEA.
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A new player is entering the institutional Bitcoin scene in Latin America! Itau BBA, the investment bank of the largest banking corporation in the region, is advising the launch of Oranje, a company focused on accumulating Bitcoin as part of its treasury strategy. 🇧🇷 Oranje is set to be the first of its kind in Latam, led by industry veterans including Guilherme Gomes (former Swan Bitcoin) as CEO and Guilherme Ferreira (president of Bahema) as CFO, along with Bitcoin pioneer Fernando Ulrich and Josh Levine from Bridgewater. With only 3% institutional adoption of Bitcoin in the market, Oranje aims to capitalize on this early stage, especially as regulatory landscapes evolve. "The Bitcoin Standard is redefining corporate treasury strategy," the company notes, hinting at innovative debt issuance to invest in Bitcoin. Oranje plans to complement existing ETF options in Brazil, offering tax benefits and projecting a 45% yield on Bitcoin investments in its first year, with a goal of accumulating $210 million in Bitcoin. From there, it will focus on generating revenue through its crypto assets. What do you think about the rise of institutional Bitcoin in Latam? Let us know! 💬
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What does a 10,000 TPS EVM chain look like? @alun.eth caught up with Edwin Lau @EforNad of @Monad_xyz at #SEABW to break down: - How Monad is rewriting what’s possible for EVM - Why devs are itching to port over 🐸 + a cameo from Molandak, the chain’s fro
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⚠️ Cryptocurrency wallet Exodus announced it will end support for the privacy coin Monero (XMR) on August 10, 2025. After this date, users will no longer be able to send, receive, or view their XMR balances within the Exodus wallet. However, Exodus reminds users that as a self-custody wallet, they retain control over their funds and can access their Monero through compatible wallets. Until the support deadline, users can transfer their XMR to other platforms or swap it for different assets within Exodus. The company has provided detailed guidance on how to migrate Monero holdings, ensuring users can continue to manage their assets effectively after the transition. What are your thoughts on Exodus's decision to discontinue support for Monero?
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U.S. millennials are embracing crypto! A new study finds 42% have made purchases using digital assets, with 8% using them whenever possible. 🇺🇸 Bitcoin & AI are shaping shopping habits! More than 54% of millennials plan to use AI for online shopping in the next 12 months. 🤖 Are we witnessing the future of finance & retail? Let’s talk!
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