Crypto, The Weekly Recap, the news that should not be missed

From the first issuance of NFT stamps by the French Post Office, to the major Cardano update, to the regulatory challenges Binance is facing, this week has been full of developments. Here’s a recap of the week’s top crypto news to help you stay informed.

La Poste Française and NFTs: A stamp for the digital age

The French Post launched its first NFT stamp, called NFTimbre, created by the artist Faunesque. Available in physical and digital versions for 8 euros, this stamp is struck on the Tezos blockchain. With a limited edition of 100,000 copies, La Poste aims to generate additional revenue and attract stamp collectors to the digital world. Read the full article

Binance Suspends SEPA Withdrawals: Consequences and Alternatives

Binance has announced the suspension of SEPA withdrawals due to the end of its partnership with Paysafe, a payment service provider. This decision created a shock wave among European users who used SEPA for euro transactions. Binance clarified, however, that SEPA withdrawals will continue until September 25 and that alternatives such as using Visa cards or the platform’s P2P service are being developed. Read the full article

US Classifies Stablecoins as Currencies: Implications and Future

The United States has officially declared stablecoins to be currencies. This decision could have major implications for the cryptocurrency industry, especially in terms of regulation and supervision. The US government is considering regulating stablecoins as traditional financial instruments, which could facilitate their use in international trade and money transfers. Read the full article

Cardano and the Hydra Update: A New Era for Blockchain

Cardano has launched a major update called Hydra. This update aims to improve the scalability and performance of the blockchain. It introduces new features, including better management of smart contracts and increased transaction processing capacity. Hydra is considered a crucial step for Cardano in its quest to become a leading blockchain platform. Read the full article

Exchanges Are Clearing Bitcoin: Trends and Implications

An increasing amount of bitcoin is being withdrawn from exchanges, with only 5.8% of BTC available in the markets. This accumulation trend suggests that investors are growing more confident in Bitcoin’s long-term potential, despite market volatility. Read the full article

FTX prepares a bold comeback with $3 billion in reserve

After facing bankruptcy, FTX is gearing up for a bold reboot with over $3 billion in crypto holdings. The platform plans to use various techniques to exploit price fluctuations while mitigating the risk of losses. Read the full article

MasterCard and Visa break away from Binance: A blow for the exchange

Mastercard and Visa have ended their partnership with Binance for the development of crypto prepaid cards. The move comes as Binance faces regulatory challenges and fraud charges. The end of this partnership could have significant implications for Binance users, especially regarding payment options. Read the full article

Here’s the key to remember for this week. But if you want a more detailed recap and in-depth analyzes straight to your inbox, feel free. to subscribe to our weekly newsletter.