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The Leading 5 Defi Categories Overseeing Billions: An October 2023 Snapshot


As of October 1, 2023, $39.50 billion is nestled within decentralized finance (defi) platforms. Let’s dive into the top five categories, spotlighting the diverse array of defi protocols, the count of these applications, and the wealth they encompass. A Look at 5 Defi Categories Commanding...

Bitcoin.com Partners With Busan International Film Festival as Major Sponsor


Bitcoin.com, one of the world’s leading cryptocurrency wallet developers and news portals, has partnered with the Busan International Film Festival as a major sponsor. The Busan International Film Festival (BIFF), held annually in South Korea, is one of the most significant film festivals...

Moneygram Introduces Non-Custodial Crypto Wallet for Cross-Border Payments


Moneygram, a leading money transfer company, announced plans to launch its own non-custodial digital wallet in partnership with the Stellar Development Foundation. The wallet will enable users to convert between fiat and digital currencies when sending cross-border payments. Moneygram Partners With...

Coinbase Registers as Crypto Exchange and Wallet Provider in Spain


U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. The authorization fits into the company’s current strategy for global expansion through acquiring local licenses and tailoring products for specific markets....

The Philippines unveiled FSI’s leading talents at the WFIS Awards 2023


With technology innovations in the financial sector expanding by leaps and bounds, the Philippines is now pacing toward financial inclusion. While the archipelagic country still houses over 30 million unbanked Filipinos, the equation is fast changing as access to financial services has become...

Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report


Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American platform’s plan to expand business globally....

India's Crypto Tax Relief Likely Two Years Away, Says Leading Exchange CEO


India's crypto industry may have to wait for up to two years for a more lenient crypto tax regime, as per domestic exchange WazirX's CEO.  Last year, Indian authorities introduced a 1% Tax Deducted at Source (TDS) on cryptocurrency transactions, which led to a significant decline in trading...

SEC Denied Immediate Access to Binance US Infrastructure


In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with...

Coinbase Seeks Expansion in Markets With Clear Crypto Rules Unlike US


America’s leading cryptocurrency exchange, Coinbase, plans to expand its business in jurisdictions that are adopting clear regulations for the sector. These include markets in Europe, Asia and the Americas as opposed to the United States which, the company says, is enforcing existing rules and...

Biggest Movers: DOGE Moves Away From Support Level, XLM Nears 1-Month High


Dogecoin moved away from a key price floor on Saturday, as the meme coin ended a three-day winless run. Price has traded in the red since Wednesday, leading to a collision with a support point of $0.0620. Stellar also rallied, nearing a one-month high in the process. Dogecoin (DOGE) Dogecoin (DOGE)...

Ripple Acquires Crypto Financial Services Company Fortress Trust 


Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...

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