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News Bytes – 5 – Page 88 – DIGIT INFO

Blockchain Industry Players Launch MiCA Crypto Alliance in the EU

The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims to streamline and enhance compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation, fostering a sustainable and compliant crypto ecosystem. The MiCA regulation, set … Read more

Crypto-Friendly Digital Bank Revolut Set to Launch Its Own Stablecoin

Crypto-friendly digital bank Revolut is set to launch its own stablecoin, marking a significant expansion of its crypto offerings. This move positions Revolut alongside major players like Paypal, Ripple, and Bitgo in the highly competitive stablecoin market. The London-based fintech company, which holds a UK banking license, aims to ensure compliance and safety with this … Read more

DBS Bank to Launch OTC Crypto Options Trading for Institutional Clients in Q4 2024

DBS Bank, Singapore’s largest bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 2024. This new offering will allow institutional investors to gain exposure to bitcoin and ethereum, the two largest cryptocurrencies by market capitalization. The initiative aims to provide sophisticated tools for managing digital … Read more

NFT Project Doodles to Celebrate Rubik’s Cube’s 50th Anniversary With Digital Collectibles

Non-Fungible Token (NFT) project Doodles has announced a collaboration with Spin Master to celebrate the 50th anniversary of the Rubik’s Cube. This partnership will introduce a “pack ripping” fan experience, where participants can unlock both physical and digital collectibles. Among the collectibles is a unique diamond-encrusted Rubik’s Cube from Eliantte & Co. The initiative also … Read more

BNB Chain to Promote Gasless Stablecoin Transactions With Exchanges, Wallets, and Bridges

BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making stablecoin payments faster, cheaper, and more accessible. Gas-free transfers for USDT, USDC, and FDUSD will be supported. Key partnerships with exchanges like Binance, … Read more

Azuki NFT Creator Chiru Labs Buys Anime.com to Expand Digital Footprint

Chiru Labs, the creator of the Azuki non-fungible token (NFT) collection, has acquired the domain Anime.com as part of its strategy to deepen its involvement in the anime world. This move is seen as an effort to expand their digital footprint and integrate more closely with the anime community. The acquisition of Anime.com is expected … Read more

Degods NFT Creator De Labs Launches Memecoin to Transform Non-Fungible Tokens

De Labs has announced the launch of their new crypto token, $DEGODS, aimed at unifying digital assets within the Dust Labs non-fungible token (NFT) ecosystem. The $DEGODS token, powered by the Solana blockchain, is available for conversion to investors holding $dust, Degods, and y00ts NFTs. While the Degods NFTs will not be replaced, they will … Read more

Bit2me Secures Virtual Asset Service Provider License in Argentina

Bit2me, a leading Spanish crypto exchange, has secured approval as a Virtual Asset Service Provider (VASP) from Argentina’s National Securities Commission (CNV) on September 13, 2024. This authorization aligns Bit2me with local regulatory standards, providing confidence to both investors and Argentine financial institutions. The move is part of Bit2me’s broader strategy to expand its presence … Read more

HTX Integrates Lightning Network for Faster Bitcoin Payments

HTX has announced the integration of Bitcoin’s Lightning Network, a second-layer payments protocol designed to facilitate faster and cheaper transactions. This move aims to enhance the efficiency of Bitcoin payments and withdrawals on the platform, significantly reducing transaction times and costs. The integration is part of a strategic partnership with IBEX, a fintech company specializing … Read more

Moonpay Secures Registration to Offer Digital Currency Exchange Services in Australia

Moonpay has successfully registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to provide digital currency exchange services in Australia. This registration will enable Moonpay to establish local payment processing relationships and offer Australian users alternative payment methods such as Osko and Pay ID. As a registered entity, Moonpay will comply with Australia’s AML/CTF … Read more

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