Category: Crypto news
CBN Greenlights cNGN Stablecoin for February Launch
The Central Bank of Nigeria (CBN) has officially greenlit the cNGN stablecoin launch, scheduled for February 27, 2024. Nigeria is
Bitcoin ETF – Ark, Blackrock File Amendments
BlackRock, Ark, and other firms have amended their Bitcoin ETF applications. It is a push to bring this innovative financial
AsiaNext Launches Crypto Derivatives Trading
In a significant move in the digital asset space, AsiaNext, a MAS-regulated institution-only global digital asset exchange, has officially entered
Coinbase to Acquire Cypriot Firm for MiFID II License
Coinbase is taking strategic steps to enter the derivatives market in the European Union. The company has announced its intention
CoinTracking Launches Crypto Tax Tool for UK Investors
CoinTracking has launched a new crypto tax tool for the UK Investors. CoinTracking is a crypto tax software that simplifies
New UK Crypto Rules – OKX Complies Ahead of the Deadline
In a swift response to the impending UK crypto regulations set to effect on 8 January 2024, cryptocurrency exchange OKX
USDT – Tether Mints Billion USDT Amidst Market Skepticism
On December 25, Tether minted $1 billion USDT, a move they called “inventory replenishment” on the Ethereum blockchain. As Tether’s
Arkon Energy Raises $110M to Grow US Bitcoin Mining Capacity
Arkon Energy, a data center infrastructure company, has secured $110 million in private funding. Bluesky Capital Management led the funding
Paxos Expands with the Launch of USDP on Solana
Stablecoin issuer Paxos has marked a significant milestone by obtaining approval from the New York Department of Financial Services (DFS)
Nigerian Central Bank Lifts Ban on Crypto Trading
In 2021, the Nigerian Central Bank (CBN) banned cryptocurrency transactions due to money laundering and terrorism financing risks. It restricted
Hong Kong Regulators Propose Licence for Sale of Stablecoins
Hong Kong regulators have recently announced a new regulatory framework for stablecoins. Hong Kong is attempting to establish itself as
Japan’s Monex to Buy Majority Stake in 3iQ
Japan’s Monex to buy majority stake in 3iQ. Monex provides financial services, including online brokerage and cryptocurrency exchange operations. 3iQ
Celsius Network Gets Court Approval for Shift to Bitcoin Mining
Celsius Network has received court approval to shift to Bitcoin mining. Celsius Network is a cryptocurrency lending and borrowing platform.
Avalanche Foundation’s Cultural Drive – Buys Meme Coins
In a groundbreaking move that signifies a deep understanding of the evolving crypto landscape, the Avalanche Foundation is set to
BitGo Gets In-Principle Approval for MPI License
BitGo has recently received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution Licence. BitGo
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