Bitcoin․com Partners with HAPI to Launch High-Yield Farm on Verse DEX and Enhance Wallet and DEX Security – Press release Bitcoin News

press release Bitcoin.com, a global leader in accessible cryptocurrency products and education, has taken another step forward in enhancing user experience by integrating HAPI’s service into the self-custodial Bitcoin.com Wallet and onboarding the HAPI token on its Verse DEX with a USDC/HAPI trading pair. Bitcoin.com and HAPI are now offering highly attractive yield on the USDC/HAPI Farm. Users can stake their liquidity pool tokens to earn these attractive rewards. This exciting partnership with HAPI Protocol, an innovative cybersecurity and anti-money laundering solution, aims to improve the security of the multichain…

Russia delays digital ruble launch testing due to lawmaking process

The rollout of The Bank of Russia’s central bank digital currency (CBDC) pilot is being delayed indefinitely. However, participating banks have stated their readiness to begin the testing.  As reported by the state-owned TASS on March 28, the CBDC pilot won’t start on April 1, as previously announced, because specific legislation has only passed through the first reading in the State Duma — the Federal Assembly’s lower house. According to TASS, the legislation may be enacted by early May. The number of private banks participating in the pilot has also changed…

Circle announces USDC launch for Cosmos via Noble network

USD Coin (USDC) will soon be available in the Cosmos ecosystem via the Noble network (STAKE), according to a blog post from the Noble development team. The post was shared on Twitter by USDC issuer Circle. We’re excited to bring USDC to @Cosmos! USDC is expected to launch on @noble_xyz soon, stay tuned for details. #IBC https://t.co/eqU8wno43F — Circle (@circle) March 28, 2023 Neither Circle nor Noble gave out a specific date for USDC’s launch on the network, but both said that readers should “stay tuned” for that information. In…

UK Government Suspends Plans to Launch State-Owned NFT

In a statement about reasons for the halt of NFT plans, Chair of the Treasury Select Committee Harriet Baldwin cited the uncertainty across the cryptocurrency sector. The UK Treasury Department has revealed it will no longer be going forward with its initial plans of launching a non-fungible token. According to an April 2022 proposal, which was put forward by then Chancellor of the Exchequer and current prime minister Rishi Sunak, the plans were part of a broader effort to make the UK a global crypto hub. At the time, Coinspeaker…

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter – Exchanges Bitcoin News

Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major players. Stock Exchange Nasdaq Seeks Regulatory Approval as Crypto Custodian U.S. exchange operator Nasdaq plans to launch its own custody services for crypto assets by the end of June. The company moves into the industry in the aftermath of a series of…

Owner of Major US Stock Exchange To Launch Crypto Custody Services by June: Report

The parent company of a major US stock exchange is reportedly looking to launch crypto custody services by June. According to a new report by BNB Bloomberg, Nasdaq INC., the owner of the New York-based Nasdaq Stock Exchange, expects its crypto custody services to be available by the end of the second quarter. Ira Auerbach, head of Nasdaq Digital Assets, told Bloomberg in an interview that the firm is currently in the process of acquiring the regulatory consent and necessary infrastructure it needs to launch. Auerbach also says that offering…

One of 14 companies with a DLT license in Gibraltar to launch IEO

This week in crypto, Silicon Valley Bank’s former parent company, SVB Financial Group (SIVB), filed for Chapter 11 bankruptcy protection, with Signature bank following in its footsteps. Despite these foreboding events, bitcoin (BTC) has rallied to its highest price since June 2022. Meanwhile, the digital asset service Damex announced the launch of its IEO. Maximize your investment potential with the versatile #Damex native Token 📈⚡️ 💡 Available soon on multiple platforms, #DamexToken will be created on Ethereum and then bridged to Solana, BSC & others. Tokens can be staked to…

Nasdaq to launch crypto custody by Q2 2023

Nasdaq plans to capitalize on the demand for institutional service providers in the crypto market by launching its crypto custody service at the end of the second quarter in 2023. According to Ira Auerbach, the Senior Vice President and Head of Nasdaq Digital Assets, American stock exchange Nasdaq, is set to begin offering its crypto custody services to clients by the end of Q2 2023. He added that the exchange is working round the clock to get the necessary regulatory approvals to meet their target of debuting in Q2 of…

Nasdaq to launch crypto custody services by end of Q2: Report

Global securities marketplace Nasdaq Inc. is gearing up to launch its custody services for digital assets by the end of the second quarter of this year, according to Bloomberg. Nasdaq expects to launch crypto safekeeping services this year, joining a growing pool of traditional finance firms moving into the sector after a spate of bankruptcies https://t.co/Jz8TuFARcs — Bloomberg (@business) March 24, 2023 As reported by Bloomberg, the exchange group has applied for a limited-purpose trust company charter from the New York Department of Financial Services, which would oversee the new…

US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’ – Economics Bitcoin News

According to the U.S. Federal Reserve, the central bank’s Fednow payment service will start operating in July, and participants will be certified in April to leverage the Fednow Pilot Program. Ken Montgomery, the Fednow program executive, is urging American financial institutions to make preparations to join the central bank’s new payment service. Economist Richard Werner, however, believes the timing of the Fednow rollout is “suspicious,” and he suggests that “maybe it’s all about rolling out” a central bank digital currency (CBDC). Fednow Payment Service Prepares to Facilitate Instant Payments, Economist…