Headlines

Ethereum targets quantum-resistant L1 by 2029

The Ethereum Foundation has published ratings for 62 Hegotá proposals after collecting 397 assessments from about 60 protocol specialists across nine teams. Summary 62 Ethereum Improvement Proposals received ratings ahead of the planned Hegotá network upgrade. 397 assessments came from researchers, engineers, and specialists across nine Protocol Cluster teams. Ethereum’s Protocol Cluster wants the Layer…

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Philippines’ BSP Proposes 12-Month Payment Operator Freeze as QR Rules Tighten

New payment companies could face a one-year wait to enter the Philippines’ regulated payment-system market. The proposed pause would give the country’s central bank time to reassess how payment operators are classified and regulated. The Bangko Sentral ng Pilipinas is proposing a 12-month suspension of new operator of payment systems (OPS) registrations. The draft pairs…

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Stablecoin growth will test 24/7 FX liquidity, TransFi CEO says

Local-currency stablecoin launches have increased demand for 24/7 foreign exchange liquidity as more than 70% of conversions into dollar stablecoins begin in another currency. Summary TransFi CEO Raj Kamal expects local-currency stablecoins to move more foreign exchange activity onchain. Round-the-clock settlement could produce thinner liquidity and higher conversion costs outside normal trading hours. Fragmentation across…

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