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JPMorgan and Indian Banks to Test Blockchain-based Settlements
JPMorgan Chase & Co., the leading global financial services firm, has unveiled a groundbreaking partnership with six prominent banks in India to deploy a pioneering blockchain-based solution for streamlining interbank dollar transactions in India's emerging international financial hub. The UST and LUNA Crash: One Year Later and Its Lasting Impact
One year ago, the crypto world witnessed the dramatic collapse of the UST stablecoin and LUNA token, which has left an indelible mark on the market. The creator of the Do Kwon project, who had confidently promised to restore the UST peg to the US dollar, is now synonymous with the debacle that shook investor confidence and contributed to the intensification of the bearish market. 
Bitcoin Takes a Dive: What Caused the Drop Below $20,000?
In March, the cryptocurrency market had a rough time, with the price of Bitcoin dropping below $20,000 once again. Contrary to some speculation, this drop was not due to market manipulation by so-called "market-makers" nor was it caused by the USDC depeg from the US dollar, as that happened later. So what actually caused this price drop? 
Stably Unveils BRC-20 Stablecoin
Crypto startup Stably has unveiled Stably USD, a dollar-backed stablecoin aimed at transforming trading within Bitcoin’s thriving on-chain economy. The company asserts that its stablecoin offers a more cost-effective and efficient trading experience compared to fiat or Bitcoin itself. Hong Kong Launches CBDC Program
In a substantial step forward for the worldwide implementation of central bank digital currencies (CBDCs), the Hong Kong Monetary Authority (HKMA) unveiled its pilot program for the electronic Hong Kong dollar (e-HKD) on Thursday, explaining the digital currency's numerous possible applications in payments and tokenized deposits. 
Florida governor takes a stand against CBDCs
Governor of Florida Ron DeSantis has strongly criticized the implementation of a digital dollar in the US, particularly in Florida. Furthermore, he has initiated changes in the state's legislation, effectively banning the use of CBDCs on Florida's territory. 
An overview of EUR & CHF stablecoins
All traders are familiar with stablecoins pegged to the US dollar, which dominate the cryptocurrency market. However, some traders may prefer to trade stablecoins that are pegged to other currencies, such as the euro or Swiss franc. Let's go over the types of these assets and the exchanges where they can be found.