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Tokenized Future: Hong Kong’s Regulatory Shifts Towards Digital Assets


Hong Kong is mapping out clear guidelines for tokenization and digital assets. The city aims to achieve a mix of innovation and consumer protection for both the developers and the users. This initiative, as part of a broader push, is steered towards placing Hong Kong at the center of fintech...

Cubist Revolutionizes Wallet Management with New Wallet-as-a-Service Platform


Blockchain startup Cubist has publicly launched a new “wallet-as-a-service” (WaaS) product, seeking to tackle the wallet management challenges behind making account keys both readily available and secure. The CubeSigner WaaS “lets users request signatures through revocable signing...

Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner


America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The proposal seeks to repay customers of the bankrupt cryptocurrency lender with both crypto assets and stock in a new publicly traded mining entity. New York...

US State Regulators Grant Money Transmitter Licenses to Crypto Startup Bastion


Institutional-focused crypto custody firm Bastion has obtained money-transmitter licenses (MTLs) in New Hampshire and Arkansas. 1/ We’re happy to share that we received our first two Money Transmitter Licenses (MTLs) in New Hampshire and Arkansas and can now support fungible assets in both states....

Animoca Brands Acquires Decentralized Streaming Platform Azarus


Animoca Brands, a Web3 blockchain games company, has announced the acquisition of Azarus, a blockchain-powered, decentralized streaming platform. The move seeks to expand the reach of both companies and create a joint environment where creators, players, and streamers can benefit from their...

Bitcoin Price Prediction: November’s Peak After Uptober’s Rise?


Bitcoin price trajectory has once again captured the attention of the financial world. Bitcoin price closing at $34,296 on Tuesday with a marginal decrease of less than0.10%, the cryptocurrency’s performance continues to intrigue both skeptics and proponents. The recently-coined term...

Hong Kong Uncertain on e-HKD Issuance, Says Retail CBDC Needs More Study


As financial institutions worldwide explore the adoption of digital currencies, Hong Kong’s stance on its own Central Bank Digital Currency (CBDC), known as e-HKD, remains cautious. A recently published report by the Hong Kong Monetary Authority (HKMA) highlights both the opportunities...

NFT Sales Spike 12.62% Higher Than Last Week, Breaking Two-Month Downturn


Parsed data from the week spanning October 14-21, 2023, reveals an upward trend in non-fungible token (NFT) sales, with a 12.62% surge from the previous week. Both buyer and seller participation swelled, by 15% and 17% respectively, resulting in approximately $70.51 million in NFT transactions....

Ferrari Starts Accepting Crypto Payments for Luxury Sports Cars


Ferrari has reportedly begun accepting payment in cryptocurrency. The Italian luxury sports car manufacturer cited requests from both the market and dealers as the primary motivation for this decision. “This will help us connect to people who are not necessarily our clients but might afford...

Hardware Wallet Firm Trezor Rolls Out New Safe 3 Model, Metal Seed Backup 


Trezor, a leading hardware wallet manufacturing company, unveiled three new products on Thursday aimed at both novice and experienced cryptocurrency users who want to securely self-custody their digital assets. The Prague-based firm launched the Trezor Safe 3, the firm’s latest generation hardware...

Analyst Warns of US Dollar Collapse, Predicts Bitcoin Owners to Benefit


Global financial services firm Jefferies has warned of “the collapse of the U.S.-dollar paper standard to the benefit of both gold bullion owners and also owners of bitcoin.” He explained that the Federal Reserve, and other G7 central banks, “will not be able to exit from...

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