Zimbabwe Not Ready to De-Dollarize, Says Finance Minister

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Zimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21 billion in debt, as Zimbabwe has been locked out of capital markets since 1999 due to defaulting on its debt. Clearing arrears would enable access […]

Avalon Labs Explores First Bitcoin-Backed Public Debt Fund

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Avalon Labs is evaluating the launch of a bitcoin-backed public debt fund, exploring its alignment with SEC Regulation A. U.S. SEC Framework Could Provide Structure for Bitcoin-Backed Debt Fund Avalon Labs is pioneering efforts to expand bitcoin’s role in the financial sector by exploring a regulated bitcoin-backed public debt fund. According to a post on […]

Banned Site 8chan Launches Token to Cash In on Memecoin Mania

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The token was launched on pump.fun by 8chan’s former site administrator who announced it on Tuesday. Memecoin Hype Attracts 8chan Crowd Ronald Watkins, former administrator of controversial site 8chan, an online forum banned by service providers like Cloudflare for hosting child porn and publishing manifestos for at least three mass murderers who killed a total […]

RLUSD Adoption Builds as Ripple’s Stablecoin Exceeds $100M in Circulation

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Metrics reveal Ripple’s newly minted stablecoin, RLUSD, has eclipsed the $100 million threshold mere weeks after its mid-December 2024 debut. RLUSD Supply Climbs to 108M As of Feb. 12, 2025, the broader stablecoin arena boasts a valuation of $224.367 billion. While RLUSD’s slice of this financial pie remains extremely modest, its trajectory shows steady momentum, […]

Fold and Visa Boost Bitcoin Adoption With New Credit Card

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Fold has teamed up with Visa to launch a bitcoin rewards credit card, offering up to 2% BTC back, exclusive perks, and a path to mainstream crypto adoption. Earn Bitcoin, Not Points: Fold’s New Visa Credit Card Offers Crypto Rewards Bitcoin rewards platform Fold has introduced a new credit card in partnership with Visa, allowing […]