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Tether Partners with Fuze to Promote Digital Asset Awareness in Turkey and the Middle East
16.4.2024
Tether has partnered with digital assets infrastructure provider Fuze to enhance education and awareness surrounding digital assets in Turkey and the Middle East.
The post Tether Partners with Fuze to Promote Digital Asset Awareness in Turkey and the Middle East appeared first on Cryptonews
Reserve Bank of Fiji Says Crypto Not Recognised as Legal Tender
16.4.2024
The central bank of the Pacific island country of Fiji has released a note to the public cautioning that investment in cryptocurrencies and virtual assets such as Bitcoin, Ethereum, Tether are not recognised as legal tender in the country.
The post Reserve Bank of Fiji Says Crypto Not Recognised...
Bank of Russia Supports Cryptocurrency Usage for International Settlements
16.4.2024
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in a sandbox-style experimental regime. In contrast...
HSBC to Expand Tokenized Asset Offerings — CEO Says He’s ‘Very Comfortable’ With Tokenization
16.4.2024
Hong Kong’s leading commercial bank, HSBC, continues to invest in its tokenization product lineup. The bank’s CEO, Noel Quinn, stated that he is “very comfortable with the concept of tokenization.” He indicated that the bank will look at ways of tokenizing assets backed...
Bitcoin Shows Resilience Compared to Broader Crypto Market Despite Sell-Off: Fineqia
15.4.2024
Bitcoin has shown resilience in comparison to the broader digital assets market, maintaining a dominance metric of 55.3%, the highest level since April 2021.
The post Bitcoin Shows Resilience Compared to Broader Crypto Market Despite Sell-Off: Fineqia appeared first on Cryptonews
HSBC Looks To Broaden Tokenized Asset Offerings after Gold Token Launch
15.4.2024
HSBC, one of the world’s largest banking services, intends to broaden its array of tokenized assets. CEO Noel Quinn said the bank will ensure these offerings are firmly anchored in reality.
The post HSBC Looks To Broaden Tokenized Asset Offerings after Gold Token Launch appeared first on Cryptonews
Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off
14.4.2024
The cryptocurrency market experienced a significant downturn following an Iranian drone attack on Israel, leading to a widespread sell-off of digital assets.
The post Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off appeared first on Cryptonews
Payment Use Cases Fuel Increasing Stablecoin Growth
12.4.2024
The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets. The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...
Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
12.4.2024
Investors may expect market weakness due to the tax season, Ryze Labs said in a report
Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock's Tokenized Fund to USDC
11.4.2024
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins
Senator Elizabeth Warren Slams Push For Stablecoin Bill, Cites National Security Risks
10.4.2024
Senator Elizabeth Warren is criticizing the push for a stablecoin bill without anti-money laundering laws in place due to national security concerns, a letter sent on Monday to House Financial Service Committee Chairman Patrick McHenry (R-NC) and Ranking Member Maxine Waters (D-CA) reveals. Warren...
P2P.org Introduces Staking-as-a-Business Model, Surpasses $7.5 Billion TVL
10.4.2024
P2P.org unveils its Staking-as-a-Business model to facilitate staking services for institutional clients, achieving a milestone with more than $7.5 billion in assets under management.
The post P2P.org Introduces Staking-as-a-Business Model, Surpasses $7.5 Billion TVL appeared first on Cryptonews
Queensland’s CCC Aims to Modernize Confiscation Laws to Facilitate “Effective” Seizure of Crypto Assets
10.4.2024
Queensland's Crime and Corruption Commission (CCC) has identified gaps in state laws that inadvertently encourage criminal use of digital assets.
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New Zealand Minister Calls for Overhaul of Digital Asset Regulations
10.4.2024
The Minister of Commerce and Consumer Affairs of New Zealand, Andrew Bayly, has recommended a revamp of the country's approach to digital assets and blockchain technology.
The post New Zealand Minister Calls for Overhaul of Digital Asset Regulations appeared first on Cryptonews
Crypto.com Wins Full License in Dubai, Expands Reach to Institutions
9.4.2024
Crypto.com announced Tuesday that its Dubai-based entity achieved full operational approval from the Virtual Assets Regulatory Authority (VARA). It will commence operational services by catering to institutional investors.
The post Crypto.com Wins Full License in Dubai, Expands Reach...
South Korea to Unveil Guidelines Barring the Listing of Hacked Coins
7.4.2024
South Korean authorities are reportedly planning to release updated guidelines for virtual asset trading. These guidelines will prohibit the listing or relisting of coins that have previously been hacked. Additionally, the guidelines will require issuers of “foreign” virtual assets...
Solana Price Prediction as FTX Estate Sells $1.9 Billion Worth of SOL – Will SOL Rally Now?
7.4.2024
Solana Price Prediction In a startling market move, FTX’s estate liquidated approximately $1.9 billion of its Solana (SOL) holdings, significantly below current market rates, sparking widespread speculation on Solana’s price prediction. This massive sell-off, constituting over half...
Blockchain Space Continues to Evolve Even During Lean Periods, Says Michael Amar
6.4.2024
The blockchain and crypto industry has never stood still including during the prolonged lean period known as the crypto winter, asserted Michael Amar, co-founder of the Paris Blockchain Week Summit. Amar believes the resilience shown by market participants during this period demonstrates a...
BlockDAG’s 20,000x ROI potential and $2 million giveaway outshines Floki Inu & Toncoin
4.4.2024
The cryptocurrency world is always buzzing with new opportunities, and savvy investors are always looking for the next big thing. Floki Inu price predictions and Toncoin staking discussions dominate forums, reflecting the community’s eagerness to identify the next big thing. BlockDAG shines...
Coingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 Performance
4.4.2024
In the first quarter of 2024, meme coins significantly outshone all other cryptocurrency narratives by delivering an astonishing average return of 1312% across its leading tokens, as observed in a report by Coingecko. Among these, the newly launched tokens Brett (BRETT), BOOK OF MEME (BOME),...