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Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers
12.7.2022
Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto directly. Picpay...
Paxos Adds Financial Adviser Crypto Trading to Brokerage Platform
7.6.2022
Paxos added a financial advisor crypto trading platform to its crypto brokerage
2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months
6.6.2022
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG),...
Brazil’s Biggest Neobank Makes Bitcoin Investment & Will Let Customers Buy BTC, Ethereum
12.5.2022
Nubank, Brazil’s largest digital bank, is set to invest 1% of its portfolio in bitcoin (BTC), and will begin rolling out functions that allow its app users to buy, sell, and hold BTC and ethereum (ETH).
Per the media outlet Exame, the neobank will convert 1% of its equity to bitcoin via...
Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services
11.5.2022
In addition to buying Bitcoin, Nubank will offer BTC and ETH investment services to its more than 50 million customers
United States Crypto Lobbyists Making Inroads at State Level – Report
11.4.2022
Crypto lobbyists are making breakthroughs with adoption-focused legislation at the state level in various parts of the USA – with federal regulation still lagging behind.
Per a report from the New York Times, in the Florida House in March, legislators “swiftly gave final approval” to a bill...
Top Israeli bank to accept BTC and ETH trading through Paxos' collaboration
25.3.2022
Pepper Invest users can now buy, sell, and hold Bitcoin and Ethereum subject to regulatory approval
Israeli Bank Leumi Enables Bitcoin, Ethereum Trading
25.3.2022
In a bid to attract Israeli crypto investors, Bank Leumi has announced that it will enable its customers to trade cryptoassets. Trading services will be carried out through the bank’s online trading platform Pepper Invest.
Pepper Invest is offering its crypto trading services in partnership...
Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums
23.3.2022
While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in...
Market Cap of Gold-Backed Tokens Crosses USD 1B as Ukraine War Makes the Metal Shine
16.3.2022
The interest in gold-backed stablecoins is on the rise, with inflows accelerating after the aggression on Ukraine started. Following the surge in adoption, the combined market capitalization of the two dominant tokens – pax gold (PAXG) and tether gold (XAUT) – for the first time crossed the...
Okcoin's USD 165M Bitcoin Plan, Binance's Targets, Crypto Lobbying + More News
10.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Okcoin's USD 165M Bitcoin Plan, Binance's Targets, Crypto Lobbying + More News
Paxos Wins Regulatory Approval From Monetary Authority of Singapore
10.3.2022
The custodian and back-end provider is the first crypto firm to gain regulatory approval in both New York and Singapore
Paxos secures approval from Singapore’s financial regulator
10.3.2022
The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia
Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’
17.2.2022
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with...
Colorado to Accept Crypto for Taxes, Travel Rule & TRUST, Criminal Whales + More News
16.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Colorado to Accept Crypto for Taxes, Travel Rule & TRUST, Criminal Whales + More News
Mercadolibre Gets Closer to Crypto With Investments in Paxos and Mercado Bitcoin
24.1.2022
Mercadolibre, one of the biggest Latam-based unicorns, has announced strategic investments in two cryptocurrency exchanges: Paxos and Mercado Bitcoin. With these investments, the platform gets closer to cryptocurrency, having already bought bitcoin as a direct investment for its treasury,...
Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
21.1.2022
Argentine-headquartered ecommerce giant Mercado Libre invested in Mercado Bitcoin and Paxos as it aims to boost its presence in the cryptosphere, as well as digital asset development and adoption in Latin America....
Read More: Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
Swiss Bank Seba Launches Regulated Gold Token, Aims to Bolster ‘Digital Ownership of Physical Gold’
18.12.2021
On December 15, FINMA-licensed Swiss bank, Seba, announced the launch of a gold token that can be delivered in physical form, on-demand, at any time from the firm’s partner refineries. Seba believes the token can be leveraged as a compliant stablecoin “backed by responsibly sourced...
Crypto in the House: Execs on the march, US partisan politics and Web3
15.12.2021
A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill
Watch: 6 Crypto CEOs Testify About Threshold Issues, Bitcoin Mining, and More
8.12.2021
US lawmakers should take steps to bring crypto-related activities into the regulated financial system, while also developing a “national policy for a decentralized Web 3” as they did for Web 1 in the 1990s, Brian Brooks, CEO of Bitcoin (BTC) mining firm Bitfury, wrote in a testimony ahead of...