Vancouver passes motion to become a ‘Bitcoin-friendly city’
Six councilors supported the motion, while two opposed it over concerns about the potential use of digital assets in illicit activities and the environmental impacts of mining.
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Local Media: Qatar Telecommunications Giant Ooredoo Launches Blockchain Initiative
Qatar-based telecommunications giant Ooredoo Group has launched a blockchain initiative, English-language local media The Peninsular Qatar reports on March 18.Per the report, the company already collaborates with entities in the private, public and academic spaces to develop blockchain solutions. Ooredoo Group CEO Sheikh Saud bin Nasser Al Thani is quoted in the article as stating…

Swiss Blockchain Company Gains Regulator Approval, Seeks Banking License in 2019
Swiss blockchain startup Smart Valor has won approval from the country’s regulators to operate in the local financial market, Reuters reported September 5.Smart Valor will be regulated by the local Financial Services Standards Association (VQF) rather than the national regulatory agency, the Financial Market Supervisory Authority (FINMA). The VQF is authorized by FINMA to check…

Binance faces scrutiny in Brazil as government demands testimony from executive
This development comes amid a global regulatory crackdown on Binance, which is facing scrutiny in multiple countries. 141 Total views 3 Total shares Deputy Alfredo Gaspar, a member of the Parliamentary Commission of Inquiry (CPI) of the Financial Pyramids has requested the summoning of Guilherme Haddad, the Director of Binance Brazil, to appear before the…

Powerledger integrates with Solana mainnet ecosystem
Powerledger’s co-founder John Bulich believes the expansion emphasizes “that sustainability is a common goal that transcends ecosystems.”

Surge in ‘buy the dip’ mentions highlights traders’ bullish crypto outlook
The amount of “buy the dip” mentions on social media rose to the highest levels in 22 months, according to data from Santiment. The blockchain analytics firm said the number of social media mentions for the phrase rose to 323, the highest since March 25, 2022.A significant rise in “buy the dip” mentions across social platforms

German financial regulator prohibits sales of Ethena's USDe
German regulator halted USDe token offering, citing serious compliance failures and potential securities law violations. 859 Total views 2 Total shares BaFin, the German financial regulatory authority, has prohibited all public sales of Ethena GmbH’s USDe (USDe) — a synthetic dollar — claiming the token violates the European Union’s MiCAR regulations and accused the firm

JP Morgan executes first DeFi trade on public blockchain
Multinational banking firm JP Morgan has successfully executed its first ever cross-border transaction using decentralized finance (DeFi) on a public blockchain.The trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project Guardian on Nov. 2 — which was established as part of a pilot program to “explore potential decentralized finance (DeFi) applications in wholesale…

Bitcoin price hits 1-week low as US dollar currency index aims higher
Renewed bullish behavior in DXY spells trouble for inversely correlated BTC/USD, underscoring the relationship between the two indices. 1657 Total views 20 Total shares Bitcoin (BTC) reacted to fresh strength in the U.S. dollar on Sep. 21 to follow stocks downward and move away from $11,000.Cryptocurrency market daily snapshot, Sept. 7. Source: Coin360DXY surge spells…