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Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai Licenses Binance and FTX Cryptocurrency exchanges FTX and Binance have been licensed by Dubai’s Virtual Asset Regulatory Authority (VARA). The regulator was established last week … Read more
Sam Bankman-Fried’s FTX crypto exchange will offer crypto derivatives products to institutional investors in Dubai with the new license. Go to Source Powered by WPeMatico
Users have sent more than $48 million USD in crypto to government wallet addresses; roughly 24% of the platform’s $200 million goal. Go to Source Powered by WPeMatico
Payment giant Stripe has brought back crypto support after it stopped processing bitcoin payments four years ago. The company now says, “Our optimism for the future of crypto was not unfounded … Crypto is going mainstream.” Stripe Brings Back Crypto Support Payment giant Stripe has re-entered the crypto space after four years, with the launch … Read more
Stripe has partnered with FTX, FTX US, Blockchain.com, Nifty Gateway, and Just Mining to launch a crypto business suite. Go to Source Powered by WPeMatico
Z Holdings, the internet subsidiary of the Japanese conglomerate holding company Softbank, is planning to launch a global non-fungible token (NFT) marketplace this spring. Z Holdings’ “NFT Mall” aims to target 180 countries and leverage the firm’s Paypay service in order to attract Web3, metaverse, and NFT patrons. Z Holdings Doesn’t Want to ‘Miss out … Read more
SOL price is down 48% year-to-date and data shows that its decentralized apps use is fading out, but there are a few reasons to remain hopeful. Go to Source Powered by WPeMatico
Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that new features will be added in the future, and a peer-to-peer service for minting and selling NFT content is planned to launch in 2023. Rakuten … Read more
Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s Bitcoin Business Block Inc., formerly Square Inc., released its Q4 2021 … Read more
FTX, a leading cryptocurrency exchange, has announced it will enter the gaming field. The company revealed it is launching its own gaming unit to focus on lending crypto services to gaming companies, acting as a middleman. This means that the exchange will support other companies launching tokens and offering NFTs via its platform. FTX Gets … Read more