Infrastructure

Bitpanda just became the main technology behind one of Central and Eastern Europe’s biggest banking networks. RBI serves around 18 million customers across the region, giving Bitpanda a potential reach of 18 million users under the new collaboration.

On August 20th Mayor Wendell Hughes introduced Local Law P-2, it lumped crypto mining in with AI, machine learning, server farms and colocation services under a label called "high energy computing." Anything pulling 300 kilowatts or more would be frozen from new approvals for a full year.

On Tuesday, the regulator shortlisted Bitcoin, Ether and Tether's USDT as the only crypto assets non-professional Russians will be allowed to trade once the country's new digital currency law takes effect. on September 1.

The list of commentary were endless, but one number explained the urgency better than anything else on how euro stablecoins account for less than 1% of the global stablecoin volume, according to DeFiLlama data despite Euro's commanding role in world trade.

China’s central bank is paying closer attention to stablecoins as privately issued digital currencies begin to play a larger role in cross-border payments and global settlement channels.