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Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025
26.8.2024
Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance of adopting this “dollar-dependent”...
Thai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints
26.8.2024
Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the occupants of the house were not fully paying for. Bitcoin...
DMM Group and Progmat Collaborate to Create a Regulated Stablecoin
25.8.2024
Digital asset platform Progmat and DMM, a Japanese entertainment giant, are collaborating to create a new stablecoin on the Progmat Coin platform. The stablecoin will be used within the Seamoon Protocol, a Web3 network for culture and entertainment. DMM Crypto, a subsidiary of DMM Group, expects...
Why 2024 Should Be Bitcoin’s Year to Step Away From Politics
25.8.2024
As the U.S. election season heats up, Bitcoin finds itself once again in the political crossfire. From Washington, D.C., to international capitals, this digital currency has become a talking point, with politicians on both sides of the aisle either championing it as a revolutionary financial tool...
Ripple, Kraken Legal Chiefs Weigh in on Court Decision in SEC’s Crypto Securities Lawsuit
25.8.2024
The chief legal officers at Kraken and Ripple have weighed in on the Federal Court for the Northern District of California’s recent decision in the U.S. Securities and Exchange Commission’s lawsuit against Kraken. “Another court, this time in the Kraken case, confirms...
Hong Kong Bitcoin ETFs top $250M AUM
24.8.2024
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors
Hong Kong Bitcoin ETFs top $250M AUM
24.8.2024
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors
Hong Kong’s Bitcoin ETFs reach HK$2B milestone, led by OSL
24.8.2024
For Hong Kong to truly compete on the global stage, it will need to attract more significant inflows and broader participation from both retail and institutional investors.
Yellow Card, Fireblocks Partner to Streamline African Cross-Border Payments
23.8.2024
Yellow Card, a leading stablecoin platform, has partnered with Fireblocks, a digital asset infrastructure provider, to improve cross-border transactions in Africa. By leveraging Fireblocks’ technology, Yellow Card aims to provide secure and efficient on-chain solutions for businesses...
Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust
22.8.2024
The provider of bitcoin and ether ETFs now offers more than 20 crypto investment products
Highest Court of China Moves to List Virtual Asset Transactions as a Money-Laundering Tool
21.8.2024
The Supreme People’s Court of China, the highest court of law in the country, and the Supreme People’s Procuratorate have issued a joint document that interprets the current money laundering law and defines several issues related to its application. In this interpretation, the...
Prometheum labels UNI, ARB securities in custody expansion
21.8.2024
Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security
Prometheum labels UNI, ARB securities in custody expansion
21.8.2024
Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security
Blackrock Dethrones Grayscale Becoming World’s Largest Digital Asset Manager
21.8.2024
Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has officially surpassed Grayscale, securing its position as the top digital asset manager in terms...
Gate Ventures, Abu Dhabi Blockchain Center Launch $100M Innovation Fund
21.8.2024
Gate Ventures (crypto exchange Gate.io’s VC arm) and Abu Dhabi Blockchain Center partnered to launch Falcon Gate Ventures, a $100 million fund supporting Web3 innovation. The fund aims to stimulate global Web3 growth and solidify the United Arab Emirates’ position as a digital economy...
Tether plans to launch dirham stablecoin with UAE partners
21.8.2024
Tether teams up with UAE's Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances
Terraform Labs bankruptcy reorganization hearing set for September
21.8.2024
The court's decision will determine if the company can restructure or must liquidate
State Street Partners With Taurus to Boost Digital Asset Services
21.8.2024
Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive digital platform, including tokenization and digital custody, expanding...
2 key Bitcoin metrics signal steady bull cycle — 'No bubble' in sight
21.8.2024
The metrics suggest that Bitcoin is unlikely to be overvalued at current levels and its price action is developing “steadily without significant anomalies or sharp jumps.”
Nigerian SEC to issue crypto platform licenses as market size grows: Report
20.8.2024
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading