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Giorgi Apkhazava
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📣 Bhutan to launch crypto tourism payment system with Binance Pay and DK Bank. Travelers in Bhutan can now pay for hotels, tickets, and tours with 100+ crypto assets, including BTC, USDC, and BNB via Binance. Local businesses can also accept crypto using a simple QR code, thanks to a new Binance initiative.
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📣 UK Treasury rejects idea of national Bitcoin reserve, says US approach doesn't suit its market. Emma Reynolds, a leading figure in the UK Treasury, sets the UK apart from the US Bitcoin reserve model and the EU's MiCA regulations. Instead, the UK is taking a cautious approach, focusing on financial stability and regulatory clarity rather than speculative investments in crypto.
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📣 EU's new blockchain guidelines raise alarm over GDPR compliance and potential full-chain deletions. The EDPB stresses that public blockchains must be designed to allow users to exercise their data rights like the right to erasure. Without such features, some chains may be considered non-compliant under EU law. The guidelines are open for public consultation until June 9.
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📣 UAE’s largest bank FAB to launch Dirham stablecoin. A new stablecoin will be issued on the ADI blockchain, pending regulatory approval from the Central Bank. It is designed for use by consumers, corporates, institutions, and for AI machine-to-machine payments, both domestically and internationally.
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📣 Arbitrum introduces new transaction ordering system. The new "Express Lane" enables faster transaction inclusion for advanced users by adjusting ordering rules while preserving fairness for the network. Built to optimize MEV opportunities and on-chain trading, it opens a new revenue stream without compromising user protections.
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