Mexican CBDC, Bitcoin ATMs in Panama, Russian Blockchain ETF + More News
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
- Mexico announced that it would introduce a new national central bank digital currency (CBDC) in 2024. They highlighted that “new technologies and next-generation payment infrastructure” will help Mexico become more financially inclusive.
- Blockchain and crypto development company Santo Blockchain Labs announced it has purchased 50 bitcoin (BTC) ATM machines to be shipped to the company’s office in the Republic of Panama by the end of Q1 2022. The company plans to purchase 300 Bitcoin ATM machines during 2022 with an investment of over USD 1m.
- Russian bank Sber is launching a blockchain exchange-traded fund (ETF) to track the performance of major crypto companies. The new ETF is linked to various blockchain and crypto industry firms, including hardware and software providers for mining and issuing cryptoassets.
- Cross-chain decentralized finance (DeFi) hub Umee said they’ve sold USD 32m of their native UMEE token to 922,000 registrants. The newly raised funds should be used to grow their team and community, as well as help along with their mainnet launch.
- German exchange Boerse Stuttgart reported a turnover of EUR 107bn (USD 121bn) in 2021, of which trading volume in crypto business reached EUR 8.1bn (USD 9.17bn). Of this, EUR 5.6bn (USD 6.34bn) was generated on their BISON exchange, while the remaining EUR 2.5bn (USD 2.83bn) was reached on the Boerse Stuttgart Digital Exchange.
- Binance said it will acquire the remaining outstanding shares of crypto Visa card issuing platform Swipe. In July 2020, Binance acquired a majority stake in Swipe, and the two work with regulated and licensed entities to issue Visa cards.
- US-based crypto broker Voyager Digital Ltd. is the target of a proposed class-action lawsuit alleging the company misled customers by charging hidden fees on transactions, per Bloomberg. The company called the action “absolutely spurious and without any merit, whatsoever”.