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Paxos Receives Approval To Issue Stablecoins In Abu Dhabi 


Source: Pixabay Crypto firm Paxos has secured two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market. The company said in a press release published on Wednesday that the approvals would allow Paxos to issue stablecoins and provide cryptocurrency...

Circle Partners With SBI Holdings to Launch USDC in Japan


Circle, a payment services company, and SBI Holdings, a conglomerate of financial companies, have partnered to bring liquidity services for the use of USDC, one of the largest stablecoins in the cryptocurrency market, to Japan, and promote the local use of stablecoins in the Web3 industry. Circle...

Crypto Payment Provider Alchemy Pay Secures Iowa Money Services License


The Singapore-based payment gateway Alchemy Pay has been granted the money services license by the U.S. state of Iowa. Both this license and the money transmitter license obtained from Arkansas nearly two months earlier underline Alchemy’s “dedication to compliance.” Alchemy...

HTX resumes withdrawal services via ERC20 Blockchain


HTX has announced that it has resumed withdrawal services; however, it is restricted to selecting cryptocurrencies, including, but not limited to, LINA, HOT, FTT, MASK, and NEXO. More tokens will eventually get support for the same functionality, and HTX has said that it will make those...

HTX Resumes Bitcoin and Ether Services After $30 Million Hack


Source: HTX Digital asset exchange HTX has resumed deposits and withdrawal services for major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and others after it was drained for $30 million. In an announcement on Nov 26, the exchange said services have been restored for certain virtual...

Circle Signs MoU With SBI Holdings to Expand USDC Circulation in Japan


Source: Pexels Circle, stablecoin issuer behind USD Coin (USDC), has joined forces with Tokyo-based financial services firm SBI Holdings to facilitate the strategic expansion of USDC into the Japanese market. This collaboration, solidified through a memorandum of understanding (MOU) signed...

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