Paxos gains approval for Singapore stablecoin launch with DBS partnership
Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch.
Related Posts
The race is on yet again for crypto ETFs as Valkyrie files registration
Multiple institutions are yet again lining up to offer crypto ETFs, but will the SEC overcome its historical reticence? 634 Total views 7 Total shares In a move that may give seasoned investors flashbacks to 2018, Valkyrie Digital Assets is the latest asset management firm to file a registration with the SEC to form a…
Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined
Centralized exchanges are becoming the new ground zero for hackers, as shown by a 900% increase in losses year-over-year.
Polygon Zero accuses Matter Labs’ developers of plagiarism
Polygon Zero has accused Matter Labs of copying significant code from its Plonky2 library to zkSync, a rival Ethereum layer-2 scaling solution. 103 Total views 1 Total shares Polygon's zero-knowledge scaling arm, Polygon Zero, is accusing developers of Matter Labs of copy-pasting "a substantial amount of source code" from its Plonky2 library, according to an announcement…
Ethereum flashes a classic bullish pattern in its Bitcoin pair, hinting at 50% upside
Ethereum’s native token, Ether (ETH), looks poised to log a major price rally versus its top rival, Bitcoin (BTC), in the days leading toward early 2023.Ether has a 61% chance of breaking out versus BitcoinThe bullish cues emerge primarily from a classic technical setup dubbed a “cup-and-handle” pattern. It forms when the price undergoes a…
Cuba’s cryptocurrency regulations take effect
Crypto is now a legal method of payment for commercial transactions in the Island nation. 2403 Total views 69 Total shares Resolution 215 of 2021 issued by the Banco Central de Cuba (BCC) — the country’s central bank — recognizing cryptocurrencies like Bitcoin (BTC) is now in effect.According to Cuba’s official state news agency Prensa…
Bitcoin flippens Russian ruble after Tesla purchase
The crypto asset's market capitalization has also overtaken Tesla's again, following an overnight price surge. 3853 Total views 24 Total shares After hitting a new all-time high of more than $48,000 earlier today, the market capitalization of Bitcoin has surpassed the total market cap of the Russian ruble. According to data from AssetDash, Bitcoin’s market cap…
France Won’t Tax Crypto-Only Trades, Will Tax Crypto-to-Fiat Sales
French economy minister Bruno Le Maire said on Sept. 12 that French authorities won’t tax crypto-to-crypto trades, but will tax when cryptocurrencies are sold for fiat currency.Bloomberg Tax reported on Le Maire’s declarations on Sept. 12. Per the report he noted:“We believe that the moment the gains are converted into traditional money is the right…
KYC hook for Uniswap v4 stirs community controversy
A hook that enables Know Your Customer (KYC) verification on Uniswap V4 pools is fueling debates about DeFi's future. 215 Total views 3 Total shares A new hook available on an open-source directory for Uniswap V4 hooks is sparking controversy within the crypto community. The hook enables users to be checked for Know Your Customer