The Finance Ministry and central bank partnered on the task force, which will explore the monetary and policy implications of a rise in stablecoin use.

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Western Union avoided digital assets due to volatility and regulatory concerns, but the passage of the GENIUS Act in the U.S. has paved for stablecoin adoption.

The post WU tests stablecoins to reduce legacy finance dependency appeared first on CoinGeek.

Known as the Liechtenstein Trust Integrity Network (LTIN), it’s operated by the state telecoms company, with contributions from half a dozen private firms.

The post Liechtenstein’s national blockchain; Siemens taps JPMorgan’s Kinexys appeared first on CoinGeek.

Chinese tech giants rushed to secure stablecoin licenses in Hong Kong after it adopted new laws, but Beijing has now stepped in, suspending these plans.

The post China halts Alibaba, JD.com’s stablecoin plans in HK: report appeared first on CoinGeek.

The new Digital Assets and Money Movement division will spearhead US Bank’s stablecoin, ‘crypto’ custody, digital money, and asset tokenization efforts.

The post US Bank launches digital unit amid crypto’s open banking fight appeared first on CoinGeek.

Nigeria is targeting 277 gigawatts of power by 2060, which will cost over $400 billion; in the short term, it has signed renewable energy deals worth $435M.

The post Nigeria bets $410B on renewables; Zimbabwe maps AI future appeared first on CoinGeek.

The Foreign Digital Identity will contain a visitor’s iris scans, fingerprints and facial image, allowing Malaysia’s gov’t to track entries and exits.

The post Malaysia unveils e-ID for tourists; Kenya adopts e-credentials appeared first on CoinGeek.