Paxos to issue USD stablecoin in Singapore, wins initial approval
The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval. Go to Source
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Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report
The cryptocurrency exchanges offers a self-custody solution that integrates a multiparty computation technique to secure funds. Go to Source
South Korean exchange Upbit gets initial license nod from Singapore
Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license. Go to Source
Ripple gets formal approval for Singapore payments license
Ripple said it received its fully-fledged digital payment tokens license from the Monetary Authority of Singapore. Go to Source
SEBA Bank secures in-principle nod for crypto services in Hong Kong
SEBA Hong Kong’s approval joins a flurry of regulated crypto activity that’s taken place over the past month. Go to Source
Blockchain.com scores payment license from Singapore central bank
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions. Go to Source
Australia’s financial regulator cancels license for FTX’s local entity
ASIC had previously suspended FTX’s license to operate in Australia, now the securities regulator has canceled it entirely. Go to Source Powered by WPeMatico
Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released by the Baltic nation’s anti-money laundering bureau, only 100 businesses are currently authorized to provide digital-asset services. Most Estonian Licenses for Provision of Crypto-Related Services Expire A total of 389 … Read more
Crypto exchange BitGet seals Lithuanian crypto registration
Seychelles-based cryptocurrency exchange BitGet secures green light to operate in Lithuania. Go to Source Powered by WPeMatico
Google Trends Data Shows Bitcoin Search Interest Surged This Week Amid 10-Month Price High
According to worldwide data from Google Trends, the search term “bitcoin” has reached a score of 93 out of 100 in the last seven days. Additionally, the price of bitcoin rose above the $30,000 range for the first time in ten months, or since June 2022. Bitcoin Search Interest Rises as Leading Crypto Asset Taps … Read more