Onedegree, an Asian digital assets insurer, and its UAE partner, Dubai Insurance, have started offering digital asset custodial risk insurance to clients in the UAE. This new product, approved by the Central Bank of UAE, expands both companies’ product portfolio and offers a comprehensive solution to UAE digital asset companies. The launch of this insurance […] Source CryptoX Portal
Moonpay has successfully registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. This registration will enable Moonpay to establish local payment processing relationships and offer Australian users alternative payment methods such as Osko and Pay ID. As a registered entity, Moonpay will comply with Australia’s AML/CTF […] Source CryptoX Portal
“Anchorage Digital Bank N.A. is pleased to further broaden access to crypto as a custodian selected for 21Shares’ U.S. spot ETF lineup,” said Nathan McCauley, the bank’s co-founder and CEO, in a statement. “Our federal charter — which supersedes state-by-state regulation and positions us as a qualified custodian — makes us a natural choice for ETF custody diversification.” Source
The UK Ministry of Justice has introduced the Property (Digital Assets etc) Bill to recognize bitcoin and other digital assets as personal property under English and Welsh law. Led by Justice Minister Heidi Alexander, this bill addresses legal uncertainties around digital assets, ensuring better protection for owners in fraud cases and disputes. It also positions […] Source CryptoX Portal
Este artículo también está disponible en español. As we move through the latter half of 2024, the cryptocurrency market remains as volatile and dynamic as ever. Among the top contenders making headlines is Internet Computer (ICP), a project that aims to revolutionize the internet by decentralizing backend infrastructure. Alongside it, GoodEgg (GEGG), a rising star in the crypto world, is making waves with its innovative digital dating platform, positioning itself as a hybrid between Social-Fi and meme coins. This article will dive into the future predictions for Internet Computer (ICP) and highlight the unique…
The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve testing. This bill reflects strong opposition to CBDCs and emphasizes […] Source CryptoX Portal
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies and adapt to the evolving digital asset space, offering investors exposure to cutting-edge technology trends through […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Spanish telecom giant Telefónica has joined Privado ID as a systems integrator to develop new digital identity solutions using decentralized technology. According to a press release shared with crypto.news, Telefónica Tech, Telefónica’s digital business unit will work with Privado ID to create secure, privacy-centric services that comply with the latest European regulations on digital identity. Privado ID, previously known as Polygon ID, was spun off from Polygon Labs in June 2024. The project specializes in privacy-focused digital identity solutions, enabling on-chain verification while safeguarding user privacy. The partnership comes as…
Russia’s central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New features for the digital ruble, including payments via QR code, will be tested. Full-scale implementation is expected by late 2025. According to officials, demand for the digital ruble is growing, with successful integration anticipated due to ongoing sanctions. […] Source CryptoX Portal
After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The total number of NFT transactions was just over 1 million, which is a notable 36.93% drop from the previous week. September NFT Sales Struggle With […] Source CryptoX Portal