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Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin


Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed stablecoin. Customers of the bank will be able to purchase the currency using Tochitsuka, an app developed by Digital Platformer, that previously allowed users to earn...

Stablecoin Issuer Tether Completes SOC 2 Type 1 Audit


Tether, the USDT stablecoin issuer, announced on April 1 that it had completed the System and Organization Controls (SOC) 2 Type 1 Audit, the highest level of security compliance achievable. Tether stated that the audit’s completion demonstrates the robust information technology control...

Singapore Imposes New Rules for Digital Payment Token Services


Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank warned that entities that do...

Crypto.com Expands Into South Korean Crypto Market


Cryptocurrency trading platform Crypto.com is entering the South Korean crypto market with its app launch. “We spent significant time and resources tailoring our offering for this market and are honored to be the first and largest global cryptocurrency exchange to launch in South...

Polygon CEO: L3s Might Represent a Threat to Ethereum’s Security


Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their corresponding base...

Bitcoin dips below $67,000 – Buying opportunity or false hope?


Bitcoin was once above $70,000. The token has now retraced to ~$66,000, triggering a series of speculations that this is a dip and it is the best time to get on board. However, the sentiments are mixed since bullish signs have not left the market. For reference, a buy-the-dip opportunity prevails...

Are Bitcoin Developers Losing Faith in Lightning?


High-profile defections, and ongoing criticism from the community, paints a picture of a much-hyped scaling project running out of steam. But bitcoiners have always been critical of the leading scaling solution

How to Use Seasonal Tokens to Get Bitcoins


Like Bitcoin, the four Seasonal Tokens – Spring, Summer, Autumn and Winter – are produced by proof-of-work mining, and become scarcer over time. Once every nine months, the rate of production of one of the tokens is cut in half. The token that was produced at the fastest rate becomes...

Nexo Pushes For Bitcoin Emoji, Petition Has Over 10,000 Signatures Now


The campaign titled "Bitcoin Deserves an Emoji" aims to secure 50,000 global endorsements and has already garnered over 10,000 signatures within a week of its launch. The post Nexo Pushes For Bitcoin Emoji, Petition Has Over 10,000 Signatures Now appeared first on Cryptonews

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