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Nigeria Approves Two Crypto Exchanges, Warns Against Patronizing ‘Illegal Operators’
31.8.2024
The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digital asset offering platforms and one custodian have been admitted...
Parafi Capital Secures $120 Million for Investing in Crypto Funds
30.8.2024
The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto funds. These funds focus on specific market segments, strategies, or geographic locations. With this funding, Parafi Capital aims to build a portfolio of 30-50 general...
Institutional Investors Continue to Increase Digital Asset Allocation: Economist Report
28.8.2024
The report, commissioned by OKX, shows that a growing number of institutional investors are examining new digital asset products for their portfolio
Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025
26.8.2024
Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance of adopting this “dollar-dependent”...
Thai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints
26.8.2024
Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the occupants of the house were not fully paying for. Bitcoin...
DMM Group and Progmat Collaborate to Create a Regulated Stablecoin
25.8.2024
Digital asset platform Progmat and DMM, a Japanese entertainment giant, are collaborating to create a new stablecoin on the Progmat Coin platform. The stablecoin will be used within the Seamoon Protocol, a Web3 network for culture and entertainment. DMM Crypto, a subsidiary of DMM Group, expects...
Yellow Card, Fireblocks Partner to Streamline African Cross-Border Payments
23.8.2024
Yellow Card, a leading stablecoin platform, has partnered with Fireblocks, a digital asset infrastructure provider, to improve cross-border transactions in Africa. By leveraging Fireblocks’ technology, Yellow Card aims to provide secure and efficient on-chain solutions for businesses...
Prometheum labels UNI, ARB securities in custody expansion
21.8.2024
Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security
Prometheum labels UNI, ARB securities in custody expansion
21.8.2024
Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security
Blackrock Dethrones Grayscale Becoming World’s Largest Digital Asset Manager
21.8.2024
Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has officially surpassed Grayscale, securing its position as the top digital asset manager in terms...
Gate Ventures, Abu Dhabi Blockchain Center Launch $100M Innovation Fund
21.8.2024
Gate Ventures (crypto exchange Gate.io’s VC arm) and Abu Dhabi Blockchain Center partnered to launch Falcon Gate Ventures, a $100 million fund supporting Web3 innovation. The fund aims to stimulate global Web3 growth and solidify the United Arab Emirates’ position as a digital economy...
Tether plans to launch dirham stablecoin with UAE partners
21.8.2024
Tether teams up with UAE's Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances
State Street Partners With Taurus to Boost Digital Asset Services
21.8.2024
Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive digital platform, including tokenization and digital custody, expanding...
Nigerian SEC to issue crypto platform licenses as market size grows: Report
20.8.2024
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading
State Street reveals digital asset platform for institutional clients
20.8.2024
The firm revealed it has “$44.3 trillion in assets under custody and/or administration and $4.4 trillion in assets under management.”
Bitwise enters European market with acquisition of ETC Group
19.8.2024
The acquisition adds nine European-listed crypto ETPs to Bitwise’s portfolio and raises its assets under management to over $4.5 billion
UAE’s RAKBANK teams up with Bitpanda on digital asset platform for residents
19.8.2024
The new digital asset management platform still requires the approval of the Central Bank of the United Arab Emirates.
HashKey and Catizen join forces in TON ecosystem expansion
19.8.2024
HashKey Group's collaboration with Catizen on the TON ecosystem marks a significant step in Web3 and GameFi development
Binance Goes Live in India: Full Access for Indian Users
17.8.2024
Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have...
Blackrock Edges Closer to Surpassing Grayscale in Onchain Crypto Assets
16.8.2024
According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $21.33 billion, while Blackrock’s portfolio was around $21.02...