Crypto firms rally behind FIT21 bill approaching US House floor vote

The DeFi community funded the protocol’s legal defense through a $1.4 million nonfungible token sale in 2022. 467 Total views 2 Total shares A United States judge recently dismissed a lawsuit against the decentralized finance (DeFi) platform PoolTogether. According to the ruling, the federal court system is not the correct place to air concerns against…

The United Kingdom’s Financial Conduct Authority (FCA) has allowed three blockchain-based businesses to join the latest cohort of its regulatory sandbox, the organization announced on April 29.Diro Labs is one of the blockchain-driven companies accepted by the FCA for performing tests on a “short-term and small-scale basis.” According to the regulator, the startup uses a “central blockchain-based store…

Coinbase is now a principal member of Visa, according to a Feb. 19 announcement. This will allow it to issue debit cards without relying on third parties.The membership is an evolution of Coinbase’s current relationship with Visa, with the cryptocurrency exchange providing a Visa-based debit card. Called Coinbase Card, it allows customers residing in the…

Tuesday, October 2: crypto markets are seeing mixed signals, with up and down fluctuations for the last few hours and most of the top 20 cryptocurrencies by market cap seeing losses, according to CoinMarketCap. However, in terms of the 100 top cryptocurrencies, around half of the markets are in the green today.Market visualization from Coin360After…

The popular social media app is looking to introduce crypto and stock trading options from within the app as Musk aims to penetrate financial markets. 1768 Total views 18 Total shares Own this piece of history Collect this article as an NFTPopular social media platform Twitter is reportedly set to introduce a new feature that…

Visa’s innovative solution employs Ethereum's ERC-4337 standard and the "paymaster" smart contract, enabling off-chain gas fee settlement. In a potential transformative move for users, Visa, the payment solution provider, is testing an innovative solution enabling on-chain gas fees to be paid using a Visa card.Mustafa Bedawala, a VISA product manager, presented the report, highlighting an…

"I let the pizza guy choose between $5 in fiat or BTC. Needless to say, he chose wisely," said the Redditor. 4881 Total views 17 Total shares A driver who held $5 in Bitcoin (BTC) as a tip for his pizza delivery services has reportedly resurfaced after seven years.According to a post from Redditor btcbible,…