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Bank of Thailand plans to regulate asset-backed stablecoins this year

19.3.2021
After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoins in 2021

Alchemix raises $3.1M to build DeFi lending backed by future income

17.3.2021
Alchemix users will be able to draw no-liquidation loans backed by future yield

Want to Mint and Sell an NFT? These Tools Can Give Anyone the Skills to Issue NFT Assets

17.3.2021
Non-fungible token (NFT) assets have taken the world by storm, as popular NFT artists are making millions from their blockchain-backed designs, music, and collectibles. As the trend continues to become more popular by the day, swarms of people are wondering how they can create their...

Cryptocurrency and Stock Trading Platform Etoro Aims to Go Public Through a $10.4 Billion SPAC Deal

16.3.2021
The online cryptocurrency and stock brokerage platform Etoro has announced the company is going public via a deal with a special purpose acquisition company called Fintech Acquisition Corp V. The Etoro merger is a $10.4 billion deal, backed by the banking entrepreneur and Fintech Acquisition Corp...

Valkyrie Hopes to Launch ‘Innovative Balance Sheet ETF’ Backed by Companies Exposed to Bitcoin

13.3.2021
At the end of January, the Texas-based firm Valkyrie Digital Assets filed an exchange-traded fund (ETF) registration for the “Valkyrie Bitcoin Trust” with the U.S. Securities and Exchange Commission (SEC). This month, the cryptocurrency investment manager announced it has filed...

3 Bitcoin ETFs Have Been Approved in North America

10.3.2021
There are now three bitcoin exchange-traded funds (ETFs) in North America, all approved within the past month by Canada’s securities regulators. They are currently trading on the Toronto Stock Exchange. The latest approved bitcoin ETF, backed by Mike Novogratz’s Galaxy Digital, began...

New Zealand firm launches stablecoin backed by NZD

10.3.2021
"Techemynt felt it was an ideal time to fill the gap in the market and lead the creation of a NZD-based stablecoin," said Fran Strajnar

Argentinean Startup Accelerator Launches Crypto Mining Farm in Mar Del Plata

7.3.2021
The Technological District of Mar del Plata, Argentina, will host a massive crypto mining operation backed by a domestic startup accelerator. Lothal Mining is the company that will run the operations of the mining firm in the Argentinean city. Firm Will Mine Ethereum During the First Stage...

$2 Billion Merger: Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan Stanley

5.3.2021
Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies...

tZERO and Earn partner up for real-estate backed digital securities liquidity

4.3.2021
Earn is expected to provide extra liquidity to the tZERO platform through exposure to its issuers of property-backed digital securities

xSigma DEX Launch: More Than $100M in Liquidity Pooled on First Day

2.3.2021
PRESS RELEASE. xSigma, a decentralized exchange for stablecoin swaps, has successfully launched on the Ethereum network on February 24, 2021. The integrated DEX and liquidity mining platform xSigma, which is backed by a NASDAQ-listed company, has seen great interest in its stablecoin liquidity...

From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing

26.2.2021
228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of...

Canadian bank plans to launch dollar-backed digital currency 'in the coming months'

24.2.2021
Stablecorp CEO Jean Desgagne said VersaBank's digital currency was intended to provide an alternative to concerns over volatility and security in crypto markets

CoinShares launches new physically-backed Ether ETP

24.2.2021
Digital asset manager CoinShares is listing its second cryptocurrency exchange-traded product on the SIX Swiss Exchange

Ant-backed MYbank to help China expand digital yuan trial

22.2.2021
Tencent-backed WeBank and Ant Financial-backed MYbank will reportedly be the first private banks to join China’s digital yuan pilot

Blockchain-Backed NFT Market Value Grew 299% in 2020

18.2.2021
A report has unveiled figures that confirm the bullish run of non-fungible token markets over the last year. Two analytical firms behind the studies stated that the NFT industry grew by 299% in 2020. Total Number of Active Wallets Rose by 97% According to the NFT Report 2020, published...