Tether, the issuer of the prominent stablecoin USDT, has taken a strategic step by partnering with Britannia Bank & Trust, a private financial institution based in the Bahamas. This move is intended to enhance Tether’s dollar transfer processes, and the partnership has been underway for the past few months.The cryptocurrency and financial sectors are awaiting […]
Circle, the company behind USD Coin, has partnered with Mercado Pago, a leading name in Latin American financial technology, to introduce USDC to Chile. The collaboration is aimed at providing Chilean users with a trusted, secure, and transparent digital dollar for near-instant transactions. Matías Spagui, senior director of Mercado Pago, stated that the US dollar […]
The EOS Network Foundation has announced that the Japan Virtual and Crypto Asset Exchange Association (JVCEA) has approved the EOS cryptocurrency for inclusion on its whitelist. This accomplishment allows EOS to be traded in Japan on authorized cryptocurrency exchanges against the yen. The JVCEA and FSA closely monitor and regulate crypto-asset providers, and the EOS […]
Tether, the issuer of the world’s largest stablecoin, has reportedly found a new banking partner in the Bahamas-based Britannia Financial Group. The USDT issuer has been leaning on Britannia Bank & Trust to process its US Dollar transfers after several traditional financial institutions cut ties with the crypto industry.Citing people familiar with the matter, Bloomberg […]
Bybit, one of the largest cryptocurrency exchanges by volume, has launched Launchpad 3.0, a token launch platform that aims to bring more transparency and opportunities to early investors. This program offers a bridge connecting promising blockchain projects with potential backers seeking pre-listing access. To participate, users need to complete Identity Verification Level 1 on Bybit […]
Grayscale’s Bitcoin Trust GBTC has achieved a major victory in the DC Court, as the court ruled that the SEC does not have the authority to reject the transformation of GBTC into a Bitcoin ETF. This ruling has caused a 6% surge in Bitcoin prices. Various applications have been submitted to the SEC challenging their […]
The cryptocurrency market has seen a surge in prices after Grayscale’s victory against the US Securities and Exchange Commission (SEC). Bitcoin rallied to $28k before settling near $27.4k, while altcoins followed suit. On-chain analyst Ali Martinez revealed that nearly 30,000 BTC were sent to crypto exchanges ahead of Grayscale’s triumph over the SEC, boosting the […]
Kim Nam-kuk, a former member of the main opposition Democratic Party in South Korea, has been spared from expulsion after a parliamentary ethics subcommittee voted down a motion to expel him.The subcommittee rejected the proposal on Aug. 29 after the ruling People Power Party (PPP) and the DP divided evenly over the motion in a […]
The Grayscale Bitcoin Trust (GBTC) had a roller coaster day on Tuesday, with a legal victory propelling the stock to a new all-time high. The stock rose more than 10% in the morning, before settling back down to a more modest gain of 4.5%. The news of the legal victory also had a ripple effect […]
Helix, the premier decentralized orderbook exchange built on Injective, has announced the launch of Helix Institutional, a permissioned, KYC-enabled environment for trading DeFi derivatives products. This initiative aims to bring decentralized trading to prominent institutions, allowing them to access the benefits of a DEX while adhering to regulatory frameworks. The most popular markets on Helix […]
