DBS Bank launches blockchain-powered treasury tokens pilot
The pilot introduces DBS Treasury Tokens on a permissioned, EVM-compatible blockchain, enhancing corporate liquidity management across multiple markets.
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Russian central bank needs to ease up digital asset projects, governor says
Elvira Nabiullina is concerned about the Bank of Russia not treating digital asset projects softly enough to attract funding and maintain the economy. 203 Total views 5 Total shares Elvira Nabiullina, governor of the Bank of Russia, has admitted that Russia’s central bank might have taken a bit too tough a stance on digital assets…

Crypto Markets Trade Sideways, Major Stock Indexes Close With Minor Gains
Thursday, June 13 — Top cryptocurrencies bitcoin (BTC), ether (ETH), and ripple (XRP) are all still in the green, seeing minor gains since yesterday. The market as a whole is mostly trading sideways.Market visualization. Source: Coin360Bitcoin broke $8,300 today, after trading below $8,000 for part of June 12. At press time, BTC is trading at…

Binance launches New Zealand-based offices following regulatory approval
New Zealand lawmakers and regulators largely have not imposed strict guidelines for crypto firms to operate in the country, nor for Kiwis to use cryptocurrencies freely. 107 Total views 4 Total shares Global cryptocurrency exchange Binance has registered with New Zealand’s Ministry of Business, Innovation and Employment and opened local offices in the country.In a…

OKX crypto exchange enters final stage of Hong Kong VASP license application
Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services. 189 Total views 3 Total shares OKX cryptocurrency exchange has entered the final stage before acquiring a virtual asset service provider license (VASP) in Hong Kong. The crypto exchange expects the final approval

NYDIG acquires Bitcoin micropayments firm Bottlepay
Former Goldman Sachs partner NYDIG partook in Bottlepay’s seed funding round in March 2021. 744 Total views 5 Total shares Bitcoin (BTC) investment firm New York Digital Investment Group, or NYDIG, has announced the acquisition of United Kingdom-based micropayment service Bottlepay for an estimated fee between $280 million and $300 million.NYDIG previously participated in the…

2021 ends with a question: Are NFTs here to stay?
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.On Nov. 14, Tezos-based nonfungible token (NFT) marketplace Hic Et Nunc — which in Latin means “here and…

Top 5 cryptocurrencies to watch this week: BTC, ETH, LINK, LEO, XEM
This week Bitcoin (BTC) price nearly hit a new multi-year high at $16,000 and legendary investor Bill Miller told CNBC that the law of supply and demand favors BTC. While the supply is increasing by about 2.5% a year, “the demand is growing faster than that.” Miller expects every major bank, high net worth firms,…

BTC energy use jumps 41% in 12 months, increasing regulatory risks
Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining. Bitcoin (BTC) has seen a 41% increase in energy consumption Year-on-Year (YoY) despite dramatic improvements in energy efficiency and a more diverse and sustainable energy mix — but…