Singapore’s MAS created the report with 11 banking giants to run several pilots improve market issuance by tokenizing assets. The Monetary Authority of Singapore (MAS) is proposing a framework to develop open and interoperable networks for tokenizing assets. On Monday, the central bank published a report containing details of its proposal, called Project Guardian. The publication states that the MAS is already collaborating with 11 organizations working to develop and test tokenization...
Read More »HSBC Approves Bitcoin and Ethereum ETF Trading in Hong Kong
In conjunction with its decision to allow Bitcoin and Ethereum ETF trading, HSBC has launched the Virtual Asset Investor Education Centre. HSBC Holdings plc (LON: HSBA), the largest bank in Hong Kong, has made history by becoming the first bank in the region to offer crypto trading services to its customers. As revealed by Independent Chinese Journalist, Wu Blockchain, customers can now buy and sell Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs) listed on the Hong Kong...
Read More »Bitcoin Is Finding New Support Thanks to Meme Tokens
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin is being driven crazy by a new standard known as BRC-20, which basically enables the establishment of new tokens like meme currencies on its blockchain. Bitcoin and Meme Tokens… A Perfect Match? Bitcoin has always been a straight-up digital asset. While it has a blockchain network supporting it (like...
Read More »Web3 Security Platform Redefine Partners with Safe for Blockchain Transaction Security
Self-custody infrastructure provider Safe (formerly known as Gnosis) has announced a strategic partnership with blockchain security firm Redefine. The main aim is to enable users to transact with “more confidence” by diligently checking each transaction which can be achieved by integrating Redefine’s pre-transaction risk assessment tool DeFirewall into Safe’s user interface. Enhancing Blockchain Security According to the official press release shared with CryptoPotato, the...
Read More »Binance Rescinds Decision to Delist Privacy Coins as It Complies with EU Regulations
Binance will not delist privacy coins in Europe, opting instead to review its classification of assets in line with EU law. Binance has reviewed its decision to delist several privacy coins in Europe. The exchange will no longer delist these coins as it works to comply with regulations stipulated by European authorities. Binance will now reclassify privacy coins to satisfy regulations. In a recent comment, Binance said: “After carefully considering feedback from our community and...
Read More »Berkshire Hathaway Sells 2.53 Million of China’s BYD Shares
Berkshire Hathaway purchased 225 million of the EV maker’s shares for $230 million in 2008. American multinational conglomerate Berkshire Hathaway (NYSE: BRK.B) sold 2.52 million shares of Chinese EV maker BYD listed in Hong Kong on the 19th of June. A stock exchange filing revealed that the investment company sold the shares for HKUS$ 675.80 million, equaling $86.3 million. Berkshire Cuts China’s BYD Shares Holdings Following the sale of the BYD share, Berkshire Hathaway’s holdings in the...
Read More »US Regulators Can Accommodate Spot Bitcoin ETF, Says Bernstein
As per Bernstein research, there is the “headroom for a compliant ETF to grow its share as a bitcoin on-ramp solving the pain of custody”. In its latest research report on Monday, June 26, private wealth management giant Bernstein stated that Grayscale‘s dominant position in the crypto market could be under threat following BlackRock‘s recent filing of the spot Bitcoin ETF with the US SEC earlier this month. Currently, Grayscale is the world’s largest crypto asset manager running a $19...
Read More »Cyprus Grants Crypto License to Bybit
Bybit’s move is in stark contrast with that of the leading crypto exchange, Binance. Earlier this month, Binance announced it would cease its operations in Cyprus. Crypto exchange Bybit has obtained a license from the Cyprus Securities and Exchange Commission (CySEC) to operate a crypto exchange and provide custody services in the island nation. Bybit announced the news on Monday, June 26, stating that it will offer a full suite of services to its Cyprus customers. This will include...
Read More »Erste NFT-Briefmarke aus Liechtenstein
Die Philatelie Liechtenstein revolutioniert den NFT-Markt mit einer einzigartigen Kombination aus physischen und digitalen Kunstwerken. Foto: Neo-Pop-Künstler Romero Britto © philatelie.li NFT-Fans dürfen sich freuen. Ein Klassiker hat sich den Weg aus Liechtenstein in die digitale Kunstwelt gebahnt: die Briefmarke. Herausgeber ist die Philatelie Liechtenstein, ein Tochterunternehmen der Liechtensteinischen Post AG. Das limitierte Sammlerstück wird...
Read More »Gemini Allows Withdrawals for Voyager Customers Whose Funds Have Been Trapped since Bankruptcy
The 30-day window of opportunity opened on Sunday, June 25th, and would run till July 23rd. Voyager customers who have been unable to access their funds since the company folded up last year may finally have something to cheer about. This follows after a recent blog post hinted that customers affected by Voyager’s bankruptcy can now withdraw their funds. According to the blog post, the 30-day window of opportunity opened on Sunday, June 25th, and would run till July 23rd. During this...
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