Newsletter Feb 28, 2024
Coinbase Expands Token Recovery Tool To BNB Smart Chain, Polygon

Coinbase's asset recovery tool, which was launched for Ethereum back in 2022, can now be used on BNB Smart Chain and Polygon to help users recover assets mistakenly sent to their Coinbase addresses.


Republican Senators Move To Block Federal Reserve From Issuing A CBDC

Sen. Ted Cruz and several other Republican senators are pushing a bill that could prohibit the U.S. central bank from issuing CBDCs, saying a CBDC will only infringe on the American public's financial freedoms.


Foreign CBDCs Could Erode US Dollar's Exchange Medium Role: Fed Analysts

U.S. Federal Reserve analysts have warned of "some potential" for the dollar's role as a medium of exchange to be eroded with the rise of well-designed foreign CBDCs.

Recent ETH Price Rally Driven By US Demand, Data Shows

Following the approval of spot Bitcoin ETFs, there is much excitement and anticipation in the crypto market for spot Ether ETFs, and it appears U.S. investors are particularly interested in ETH, as per recent data.

OKX Launches In Crypto-Friendly, High Demand Turkey

OKX has launched OKX TR for Turkish crypto users, promising low transaction fees and quick processing of deposits and withdrawals.

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