TON could help DeFi break into mainstream: Report

The United Arab Emirates has adopted a favorable approach towards crypto. Now, its postal operator is issuing NFTs to commemorate National Day. 437 Total views 17 Total shares The United Arab Emirates’ postal operator is issuing nonfungible token (NFT) stamps to commemorate the federation’s 50th National Day, offering further evidence that digital collectibles are gaining…

Revolut had been the last "holdout" out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March. 404 Total views 12 Total shares The United Kingdom’s Financial Conduct Authority, or FCA, has added cryptocurrency-friendly payments app Revolut to its list of companies authorized to offer crypto products and services…

Germany’s government has approved a blockchain strategy that aims to prevent stablecoins from becoming alternative currencies and threatening state sovereignty.Reuters reported on Sept. 18 that Chancellor Angela Merkel’s cabinet passed the strategy earlier today, in an apparent bid to mitigate the risks posed by the forthcoming Libra cryptocurrency from social media giant Facebook.We will not…

DeFi is the word on everybody’s lips. 1116 Total views 18 Total shares The hype around DeFi is not fading away and is only just beginning, said Neo founder Da Hongfei, during a live stream on China’s Hub on Sept. 25.Da said DeFi created a process in just a few years that traditional finance took…

DXM, a financial services subsidiary of South Korean fintech firm Dunamu, has worked with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service.The partnership and the new custodianIndustry news outlet TheBlock reported on Dec. 4 that DXM plans to launch the custodian under the name Upbit Safe and that Ledger Vault, Ledger’s…

After launching in 2019, Binance.US has reached a pre-money valuation of $4.5 billion and rolled out services in 48 states and eight territories. 270 Total views 5 Total shares Binance​.US, the American partner of Binance, the world’s largest cryptocurrency exchange by trading value, has completed its first-ever external funding from investors like Circle Ventures.Binance.US has…

Harmonize will allow the bank to connect to blockchains beyond Bitcoin and Ethereum, which suggests the potential expansion of BBVA’s crypto services. 158 Total views 1 Total shares BBVA Switzerland, the Swiss branch of one of the largest Spanish banks, has announced it will use Ripple-owned tech firm Metaco’s Harmonize platform for its crypto custody

Interoperability project Interlay has been selected to receive a Web3 Foundation grant to continue its work on Polkadot. The money will be used to develop a parachain on Polkadot that will connect to the Bitcoin (BTC) blockchain.According to the March 5 announcement, Interlay is one of the recipients of Web3 Foundation’s fifth wave of grants…