Episode Details

30th Nov: Crypto & Coffee at 8
🔵Circle Partners With SBI Digital Asset Holdings ⚡Jack Dorsey wants to decentralize BTC mining 🔥Standard Chartered Bank + China CBDC

🔥 SBI Digital Asset Holdings Partners with Circle to Pioneer Digital Currency Innovation in Japan with USDC, Banking, and Web3 Services The companies have signed an MOU underpinning the work ahead, which includes SBI Group and Circle initially working towards the circulation of USDC and expanding the use of stablecoins in Japan. SBI Group and Circle have also committed to properly complying with stablecoin-related regulations, including communication with authorities. To circulate USDC stablecoins within Japan, SBI VC Trade Co., Ltd. (Head Office: Minato-ku, Tokyo; President: Tomohiko Kondo) is seeking registration as an electronic payment instruments service, which is subject to approval by the relevant authorities. Official info here https://lnkd.in/d_ASH7kK

⚡ Censorship King Jack Dorsey is spearheading a move towards decentralizing Bitcoin mining through a recent investment. Ocean, a company that secured $6.2 million in funding, with Jack Dorsey as a lead investor, aims to facilitate miners in receiving block rewards directly from the Bitcoin network. More info here https://lnkd.in/dtcD73v2 Long-time Bitcoin core developer and Mummolin co-founder Luke Dashjr said, “We are launching as the most transparent pool and also the only non-custodial pool where miners are the recipients of new block rewards directly from Bitcoin.”

❓ Legit or Rumour/Fake news?
- Santander Private Banking International’s Swiss unit launched a Bitcoin and Ether trading service for clients with Swiss accounts. Clients can access crypto investment services by requesting them through relationship managers. According to a CoinDesk report, the bank has enlisted crypto custody firm Taurus to safeguard the crypto assets, but Santander declined to confirm, stating no comment when contacted by Cointelegraph.
Article herehttps://lnkd.in/dHzfwVdE

♦️ China CBDC + Standard Chartered Bank
Standard Chartered Bank (China) has joined the initial group of foreign banks involved in China’s central bank digital currency (CBDC) pilot. The bank expressed optimism about the digital yuan’s development prospects, highlighting its status as an international bank with a 165-year history deeply rooted in the Chinese market.

🎙️ Check out Blockchain DXB’s Crypto & Coffee at the podcast where we share our commentary on this. Also, see Slides 1 & 2 for a global snapshot of the crypto market

🟠 Two UAE news
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