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Zimbabwean Regulators Develop Framework for Virtual Assets Trading


The Securities and Exchange Commission of Zimbabwe (SECZ) and the Reserve Bank of Zimbabwe (RBZ) are reportedly developing a framework for virtual asset trading. The framework aims to provide clear legislation, client protection under the Data Protection Act, and educational support. Challenges...

HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin


Xiao Geng states that the creation of a CNY-pegged stablecoin could expand the offshore Chinese yuan market and elevate Hong Kong’s status in the global financial sector. The post HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin appeared first on Cryptonews

Arch Labs $7 Million to Develop Bitcoin-Native Application Platform


Arch Labs raises $7 million in a seed funding round led by Multicoin Capital, aiming to enhance the functionality of the Bitcoin blockchain through native applications. The post Arch Labs $7 Million to Develop Bitcoin-Native Application Platform appeared first on Cryptonews

Ripple and XRPL Labs Join Alliance to Develop Blockchain Recovery Standards


Ripple and XRPL Labs have become founding members of the Derec Alliance, which aims to create an interoperable recovery standard for digital assets. This initiative is expected to simplify the recovery process and encourage widespread adoption by making digital asset management more user-friendly...

Volta Raises $4.1 Million in Seed Funding For Institutional Platform


Volta secures $4.1 million in seed funding to develop a platform Volta Circuit aimed at improving security and control for institutional investors managing digital assets. The post Volta Raises $4.1 Million in Seed Funding For Institutional Platform appeared first on Cryptonews

Shiba Inu managed to obtain 12M fund to develop a Layer-3 blockchain network


Shiba Inu has obtained $12 million in a funding round via a private token selling of its forthcoming TREAT token to strengthen the building of a privacy-oriented Layer 3 blockchain network. As per the Marketing Head of Shib.io, Lucie, investors who took part in the funding round were Polygon...

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