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USDC goes live on Polkadot’s Asset Hub


Polkadot has announced that USDC is live in its Asset Hub, enabling parachains to access the stablecoin without having to leverage the capabilities of a bridge. It is likely to contribute to liquidity for parachains. USDC is a stablecoin that is pegged to the US dollar in a 1:1 ratio. It carries...

Ripple’s liquidity hub: Fueling business growth


As cryptocurrency continues to grow and develop, those creating this digital world face the challenge of laying the foundation for broader adoption. This includes examining potential new applications provided by blockchain technology and virtual currency. That of the internet’s development...

ETH Warsaw Sparks Poland's Rise as the Premier EU Blockchain Hub


The European Union seems to have gotten its blockchain king - Poland - judging by the overwhelmingly positive feedback from the attendees of ETH Warsaw. The conference and hackathon was held in Poland's capital between August 31 and September 3, "organized by a passionate group of local Ethereum...

Dubai to Subsidize Commercial Licenses for Web3 and AI Companies


Dubai will offer subsidized licenses for Web3 and artificial intelligence (AI) companies that want to enter the country. The Dubai International Financial Centre (DIFC) and its campus will subsidize 90% of the costs of these licenses to attract companies in this sector as part of its push to become...

PayPal Unveils Cryptocurrencies Hub: A New Crypto-Inclusive Feature


Payments giant PayPal has launched a new feature that allows users to hold and interact with Bitcoin (BTC) and other cryptocurrencies in their accounts.  The new functionality, called Cryptocurrencies Hub, will allow users to not only hold a balance in various cryptocurrencies but also engage...

Hong Kong Securities Regulator Warns Unlicensed Crypto Exchanges


The Securities and Futures Commission (SFC) of Hong Kong has issued a warning to unlicensed providers of crypto trading services. Concerned about their engagement in “improper practices,” the regulator also said investors should be aware that some of these platforms may never actually apply for...

Blockchain․com Obtains Payment License in Singapore


Crypto company Blockchain․com has been granted a payment license in Singapore that will enable it to provide regulated services for digital assets. The authorization in the city-state, which is a major trading hub for the platform, is part of its efforts to comply with local regulations in...

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