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Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge
23.8.2024
Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during this period. Tether’s Supply Swells by 820M...
Abu Dhabi proposes framework for fiat-referenced tokens
21.8.2024
FRTs are a type of stablecoin backed by liquid assets denominated in the same currency as the token and can be liquidated with minimum adverse price effect
US mulls applying fiat reporting mandate on crypto transfers
19.8.2024
The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, aiming to include cryptocurrencies and digital assets in new reporting requirements
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
18.8.2024
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug....
Lemon Pioneers Fiat-Crypto Interoperability Services in Peru
18.8.2024
Lemon, an Argentina-based cryptocurrency exchange and wallet, has received a license to allow fiat-crypto interactions in Peru. The exchange, the first to receive such a license in the country, now eases the processes required to deposit and exchange fiat for crypto, with users only needing a phone...
Gold’s Bull Run Inspires Bitcoin Forecasts: Insights From Fred Krueger and Jack Mallers
17.8.2024
Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow a similar trajectory, fueled by broader financial factors. Jack Mallers, the founder...
Exodus Expands Wallet Capabilities With Blockchain.com On-Ramp Integration
14.8.2024
Exodus Movement, Inc. has announced a new partnership with Blockchain.com to integrate Passkeys Wallet with Blockchain.com’s fiat on-ramp services. The integration aims to streamline the process of creating and funding cryptocurrency wallets, potentially expanding access to digital assets....
Bitstamp helps Stripe scale crypto purchases in the EU
7.8.2024
Bitstamp entered a partnership to support Stripe’s crypto on-ramp solution in Europe a few months after Robinhood announced Bitstamp’s acquisition for $200 million
Bitstamp helps Stripe scale crypto purchases in the EU
7.8.2024
Bitstamp entered a partnership to support Stripe’s crypto on-ramp solution in Europe a few months after Robinhood announced its $200 million acquisition of the exchange
Transak becomes first US crypto on-ramp to enable wire transfers
6.8.2024
Wire transfers in the world’s largest economy could attract more high-net-worth individuals to crypto
Xapo Bank debuts interest-bearing Bitcoin, fiat accounts in the UK
5.8.2024
Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts
Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth
25.7.2024
The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by...
Payment platform Mercuryo integrates crypto on-ramp with Indonesian banks
22.7.2024
Mercuryo integrates crypto on-ramp solutions in Indonesia, enabling users to convert their Indonesian Rupiah into 40 digital tokens, including BTC, ETH, and USDT
Binance gets greenlight to invest customer assets in US Treasury Bills
19.7.2024
The court stipulated that Binance could invest customer funds custodied at BitGo in Treasury Bills maturing along a four-week basis
WazirX hackers prepped 8 days before attack, swindlers fake fiat for USDT: Asia Express
19.7.2024
WazirX hackers were preparing 8 days before the $235M theft The hackers behind the $235 million WazirX crypto exchange breach began preparing onchain at least eight days prior, according to Polygon Labs’s security chief. WazirX, one of India’s largest cryptocurrency exchanges, lost hundreds...
Hong Kong unveils new stablecoin licensing regime
17.7.2024
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback
Hong Kong unveils new stablecoin licensing regime
17.7.2024
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback
Animoca Brands Integrates Transak for Simplified TOWER Ecosystem Onboarding
11.7.2024
Animoca Brands’ TOWER Ecosystem has announced the integration of Transak, a leading fiat-to-crypto payment gateway. This partnership aims to simplify the process of acquiring TOWER tokens (TOWER) by allowing users to purchase them directly with fiat currency. TOWER Ecosystem Simplifies Token...
Moonpay Partners With Mesh to Enhance Crypto Accessibility
9.7.2024
Moonpay has announced a new partnership with Mesh, aimed at simplifying the process of depositing and transferring crypto assets from centralized exchanges. This collaboration seeks to enhance liquidity and accessibility for users across the crypto industry. Moonpay and Mesh Partner to Expand...
Crypto adoption in Argentina soars amid 276% inflation spike
9.7.2024
Argentina has emerged as the top market on Binance — one of the world’s largest crypto exchanges — in terms of the number of visitors