China Debuts AxCNH in Kazakhstan: Offshore Yuan Stablecoin Signals A Push Into Cross-Border Finance
On September 17, 2025, Kazakhstan became the site of a landmark development in the world of digital finance: the launch of AxCNH, the first regulated offshore stablecoin tied to the Chinese yuan (specifically, the offshore yuan, known as CNH). Developed by AnchorX, a Hong Kong‐based fintech, and built on technology from Conflux, a Chinese‐backed blockchain infrastructure, AxCNH marks a new chapter in China’s efforts...
India Orders Mandatory Cybersecurity Audits as Crypto Heists Surge
In a decisive response to mounting crypto security incidents, the Indian government has issued a directive requiring all cryptocurrency exchanges, custodians, and related intermediaries to undergo external cybersecurity audits. The move comes after several high-profile hackings rattled trust in the sector, and reflects a growing determination in New Delhi to bring crypto platforms under stricter oversight.Under the new rules, any enterprise operating in the...
American University of Sharjah and Sui Launch Blockchain Academy
In a groundbreaking move that signifies the growing intersection between academia and the burgeoning world of blockchain technology, the American University of Sharjah has...
15 New Cryptocurrencies to Watch in 2024
As we navigate through 2024, the cryptocurrency landscape continues to evolve at a rapid pace, with new projects emerging that promise to innovate the...
Skyline Digital Enhances TradFi Accessibility on Web3
Skyline Digital, a pioneering Swiss-based platform, is at the forefront of bridging the gap between traditional finance (TradFi) and the burgeoning world of Web3....
Ripple vs SEC Legal Developments
The ongoing legal battle between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) has been a focal point of attention within...
Growth of Spot Bitcoin ETFs
The cryptocurrency landscape has been witnessing a seismic shift, particularly in the realm of Bitcoin investments. A notable development in January was the addition...
Bitcoin L2 Protocol BEVM’s Launch
The Sui ecological protocol ComingChat announced the launch of the Bitcoin L2 protocol BEVM, aiming to connect the Sui public chain with the Bitcoin...
Developments in DeFi and Yield Farming
Decentralized Finance (DeFi) and yield farming continue to be at the forefront of the crypto ecosystem's evolution, with 2023 marking significant developments in these...
Central Bank Digital Currencies (CBDCs): The Next Big Thing in Global Finance
Central Bank Digital Currencies (CBDCs) are rapidly gaining traction in the global financial landscape. As of the second half of 2023, research shows that...
Layer 2 Solutions: Scaling Blockchain for the Future
As blockchain technology continues to evolve, one of the most significant challenges it faces is scalability. The ability to handle a large number of...