The Monetary Authority of Singapore, or MAS, has granted stablecoin issuer Paxos regulatory approval to offer crypto services to local companies. In a Thursday announcement, Paxos said it had received a license from Singapore’s financial regulator allowing the firm to provide blockchain and crypto services under the country’s Payment Services Act. The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia. “We’re excited to have MAS as our regulator, and with their oversight, we’ll be able to safely accelerate consumer adoption of digital…
Month: March 2022
Hedera’s HBAR Foundation Launches $100M Sustainable Impact Fund
The fund will target projects that focus on sustainable development, such as carbon offsets. Source
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What’s a ‘Long-Term’ Time Horizon for Crypto?
Finally, strategies that take three or more years to enact are often performed by people who stay abreast of crypto news, or even have a foot within the industry. This may include venture capitalists, family offices, and other long-term investors who have access to early stage deals at lower valuations, but are locked in their investments for longer periods of time, according to Aguilar. Source
Why Decentralized Exchanges Are Important in the Crypto Economy
Not only do liquidity pools offer traders access to decentralized liquidity, they also offer investment opportunities to those wishing to stake assets in the liquidity pool. When a user swaps assets through a liquidity pool, a very small fee is paid to the individuals who are providing the liquidity. To put this in common TradFi terms, those who contribute capital to the liquidity pools essentially earn a fee similar to that of a market maker. Liquidity pools, especially new ones, offer very high yields to investors. This concept is called…
First Mover Americas: Bitcoin's Awaits Triangle Breakout, Focus on Dollar
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind. Original
Nordic Fintech Lunar Raises $77M, Builds Crypto Trading Platform
Nordic neobank Lunar raised $77 million at a $2 billion valuation and introduced a crypto trading platform. Source
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 24/02/2022| Cryptocurrency news today | Crypto news today | Bitcoin news today | Hindi | Cryptocurrency for beginners In this video, we have covered news from across the Globe. Watch this video and keep yourself updated. Latest Crypto updates latest Crypto News. Cryptocurrency news today Crypto news today Bitcoin news today in Hindi. ===================== New’s Covered in the Video -Thailand in Plans to Introduce Its Own Digital Currency Exchange – SET. -379.7 Million SHIB Burned in Feb by This SHIB Burner, While…
EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus – Bitcoin News
The European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Russian oligarchs, senators and Belarusian banks have been targeted. Europe’s Sanctions Classify Crypto Assets as Securities to Close Loopholes for Russia On Wednesday, the European Commission welcomed a new agreement between the 27 members of the European Union to amend the bloc’s regulations imposing sanctions on Russia — for its military assault on Ukraine — and Belarus, for its involvement. The changes…
The metaverse lets us explore human imagination, says The Sandbox founder
While the interest in metaverse seems to slow down, a pioneer in the space is still hard at work, advocating the open metaverse, a decentralized and interoperable multiverse. In an interview with Cointelegraph Brazil, Sebastien Borget, the founder of the open-world blockchain game The Sandbox, shared some of his thoughts and expertise when it comes to Web3 and the state of the metaverse. According to Borget, the metaverse is a gateway to new experiences limited only by what users can think of. He explained that: “Web 3.0 and the metaverse…