Taiwan is reportedly planning to put restrictions on unregistered overseas crypto exchanges operating within its jurisdiction as a part of its incoming guidance for virtual asset service providers (VASPs). The Financial Supervisory Commission (FSC) of Taiwan has created a draft of ten guiding principles for the management of virtual currencies in the country. These principles […]
VC Spectra (SPCT) is a decentralized hedge fund that offers investors quarterly dividends and buybacks from investment profits. It employs machine learning algorithms to analyze real-time market data and identify lucrative patterns and trends. Investors in Stage 1 have gained a return of 212.5%, while Stage 2 investors have gained 127.27%. The VC Spectra (SPCT) […]
Huobi, the global cryptocurrency exchange, recently announced plans to integrate PayPal’s PYUSD stablecoin into its digital offering. Starting from September 7th, users will be able to make PYUSD deposits and spot trading pairings, such as PYUSD/USDT, BTC/PYUSD, and ETH/PYUSD, will be available. Withdrawals will be enabled from September 12th.The launch of PayPal’s PYUSD stablecoin signals […]
Binance, the world’s leading crypto exchange by trading volume, has seen the departure of 10 key executives from various departments in the first nine months of 2023. This has been a key talking point in the crypto community, as the number of executives leaving amid growing regulatory troubles has been a cause for concern. The […]
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have published a report commissioned by G20 under India’s leadership, outlining a comprehensive framework for regulating crypto-assets like Bitcoin and stablecoins. The paper synthesizes the policy recommendations from both organizations to help countries address the financial stability and integrity risks posed by the rapid […]
VC Spectra (SPCT) is a decentralized asset management protocol that is democratizing blockchain investments, allowing participants from various financial backgrounds and locations to engage seamlessly. Its sophisticated trading algorithms grant it the agility to navigate market volatilities adeptly. SPCT tokens are currently priced at $0.025 and have seen impressive gains of 212.5% and 127.27% for […]
Visa, one of the world’s largest credit card issuers, is taking a step into the world of blockchain technology. The company is using the power of Solana and USDC to settle payments with its partners, Worldpay and Nuvei. This move is expected to drastically reduce the time and complexity associated with exchange and transfer processes […]
IOTA is set to revolutionize the crypto landscape with the launch of ShimmerEVM, a parallelized DAG ledger optimized for custom smart contract chains. The testnet has already processed more than 1.4 million transactions, and the team is in the advanced stages of their testing phase. The ShimmerEVM mainnet launch has experienced delays due to in-depth […]
Manilla Technologies, a Web 3.0 company, is excited to announce the Initial Coin Offering (ICO) for its product Manilla Finance. The ICO is a significant milestone for the company and the financial industry, promising to reshape the way individuals and businesses engage with regular financial services and the blockchain. Manilla Technologies aims to bridge the […]
The Financial Accounting Standards Board (FASB) has unanimously approved new guidelines for accounting and disclosing cryptocurrencies like Bitcoin. These regulations will come into effect in 2025, in an effort to improve transparency for investors and others who rely on financial statements. The new rules will require digital assets to be logged at their current market […]
