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Ramping up Blockchain Education Can Help Make South Korea the World’s Crypto Leader, Says Hashed CPO Edward Hong

August 31, 2023 0

According to Edward Hong, the chief platform officer (CPO) at the early-stage venture firm Hashed, South Korea’s decision to delay putting in place a comprehensive crypto regulatory framework seems to be more of a strategic move rather than hesitation. Hong insisted that the perceived delay

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Binance Finds Way to Serve Belgian Users After Cease Order

August 31, 2023 0

Cryptocurrency exchange Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two months after the crypto trading company was ordered by the Belgian financial regulator to cease all crypto services in the country. Binance Offers Belgian Clients to Trade on Its Polish Platform Belgian customers of […]

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South African Crypto Premium Surge After Kraken Abruptly Starts Blocking Deposits by Local Residents

August 31, 2023 0

The premium on crypto assets listed on South African exchanges briefly surged to 3.5% after Kraken’s abruptly started blocking deposits from users based in the African country. Some South African crypto experts have linked Kraken’s decision to the Financial Action Task Force’s recent addition of the African country to its greylist. Impact of the FATF’s […]

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Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong

August 31, 2023 0

Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto assets in the Chinese region. SEBA Bank Takes a Step Towards Full Crypto License in Hong Kong SEBA Hong Kong, […]

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Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round

August 31, 2023 0

An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less Complicated Lemfi, an Africa-focused remittances platform, recently […]

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Bloomberg Analysts Boost Spot Bitcoin ETF Approval Odds After Grayscale’s Court Victory

August 30, 2023 0

In early August 2023, Bloomberg ETF specialists Eric Balchunas and James Seyffart estimated a 65% probability for the approval of a spot bitcoin ETF. However, as August draws to its conclusion, and in light of a U.S. court siding with Grayscale over a legal tussle against the U.S. Securities and Exchange Commission (SEC), the pair […]

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Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion

August 30, 2023 0

Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO, stressed the technology’s “potential to make a significant impact on local energy markets.” Nodal Power Raises $13M to Convert Landfill Gas to

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PYUSD’s Modest Footprint: A Tale of Languid Activity Amidst Stablecoin Titans

August 30, 2023 0

Following Paypal’s declaration about the introduction of a fresh stablecoin, the smart contract address has revealed that the quantity of PYUSD stood at approximately 26.9 million. In the subsequent 22 days, the supply of PYUSD has risen by over 60%, now totaling 43.3 million. Paypal’s Stablecoin Supply Surged by 60%, but the Dollar-Pegged Token Is […]

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Report: Tether Pivots to Bahamas’ Britannia Bank Amid US Banking Strains

August 30, 2023 0

In a recent report released on Tuesday, undisclosed sources detailed that the firm behind the top stablecoin in market cap, tether (USDT), is now banking with Britannia Bank & Trust. In the past month, tether’s supply has dipped by 1.3%, leaving 82.85 billion USDT in circulation. Undisclosed Sources Say Tether Is Working With a Privately […]

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Biggest Movers: Bitcoin Cash Back Above $200, TON Surges 16% Higher

August 30, 2023 0

Bitcoin cash (BCH) was one of Wednesday’s biggest gainers, as markets remained jubilant following the Grayscale court ruling. Following a recent streak of consolidation, the global crypto market cap rose by as much as 4% on the news. toncoin (TON) also surged, climbing nearly 16% higher. Bitcoin Cash (BCH) Bitcoin cash (BCH) was a notable […]