Overall capitalization of such tokens has risen over 21% in the past 24 hours, outperforming most other token sectors. Author: Shaurya Malwa

Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement. Author: Elizabeth Napolitano

Author: Kristin Smith, Miller Whitehouse-Levine

The International Monetary Fund’s planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies. Author: Sandali Handagama

DYDX, the native token of the newly released eponymous chain and decentralized exchange, has risen by more than 20% in the past 24 hours, just 16 days before more than $500 million worth of the tokens will be released to early investors and core team members. Author: Oliver Knight