Paxos International to issue regulated interest-paying stablecoin
The international arm of New York-based Paxos will issue a U.S. dollar-pegged stablecoin that will not be available in the United States.
Related Posts
‘Crypto Advocates for Harris’ movement claims support from Mark Cuban
The organization was apparently formed the same day Kamala Harris announced her running mate, Minnesota Governor Tim Walz.
UAE Startup Relies on Blockchain Technology to Flatten COVID-19 Curve
Blockchain-based solution may help to contain the growing cases of COVID-19 across the UAE. 1732 Total views 36 Total shares UAE-based startup incubator, in5, is helping to design blockchain-based methods to contain the COVID-19 pandemic in the country and thus flatten the curve.According to a report published on May 20, Liber Health, supported by in5,…
Hong Kong to tighten crypto regulation in wake of JPEX fraud case
The JPEX fraud saga began last week when the SFC revealed it had received 1,400 complaints against the exchange regarding fraud, withdrawal freeze and declining wallet balances. 171 Total views 2 Total shares Hong Kong regulators are looking to tighten the noose around the crypto market after the arrest of six individuals following allegations of
3 reasons why Bitcoin price faces a major hurdle at $20,000
The price of Bitcoin (BTC) hit $19,469 on Coinbase, reaching its highest point since the December 2017 peak. Although the dominant cryptocurrency is close to surpassing its record high, there are some warning signs to take note of.Three potential reasons Bitcoin faces the possibility of a pullback at $20,000 are a bull trap, overhead resistance,…
UAE reportedly plans to issue federal crypto license for VASPs
The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018. 556 Total views 81 Total shares The United Arab Emirates is reportedly planning to issue a federal crypto license for virtual asset service providers by the end of the…
Alameda Research withdrew $204M ahead of bankruptcy filing – Arkham Intelligence
According to analysis from blockchain firm Arkham Intelligence, over 50% of the funds transferred after Nov. 6 were in US pegged stablecoins. 1101 Total views 44 Total shares Alameda Research withdrew over $200 million from FTX.US before it filed for bankruptcy, according to analysis from blockchain firm Arkham Intelligence disclosed on Nov. 25. In a Twitter…
As Private Seed Funds Dry Up, European Blockchain Firms Seek Public Backing
A Slovak blockchain startup serves as the chief example of pandemic venture capital developments in central and eastern Europe (CEE), in a new report from Reuters on July 31.In the former Eastern bloc — where venture funding hit close to $1.6 billion in 2019 — uncertainty during the COVID-19 crisis has hit the start-up sector…
TechX acquires crypto-to-fiat gateway Mobilum for $13.2M
Under the terms of the agreement, TechX will acquire a 100% stake in the digital wallet and payments technology company. 2714 Total views 7 Total shares TechX Technologies Inc., a publicly traded company out of Vancouver, Canada, is in the process of acquiring a fiat-to-crypto gateway that it says will help strengthen synergies between traditional…