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The fintech solution will seek to create a simple familiar platform offering the highest yields to users or newbies who may not be used to the complex and numerous protocols out there.
The HKMA aims to deliver the initial view of e-HKD by the middle of next year. The published whitepaper covers the research methodology and technical realization of the financial solution.
The founder and CEO of Upgrade stated that the firm is currently working on a version of the Upgrade Card that will make it better suited for smaller expenses.
The billionaire investor, who previously urged investors to allocate at least 1% of their investment portfolios to BTC, revealed that buying Bitcoin has become his “best investment” bet.
The report attributed a large part of growth to the launch of VC and crypto hedge funds between 2017 and 2018 which subsequently saw the total AUM of crypto funds nearly double year-over-year from 2019 to 2020.
Alibaba, through the announcement, stated that it is also taking into consideration the “instability of laws and regulations” on crypto around the globe and will not sanction third-party merchants who break the new rules until October 15.
PERP and DYDX are the two DeFi tokens leading the current boom in the crypto market. PERP token has recorded a 55% gain in the last 24 hours, taking its trading price to $17, according to data from Messari.
Gluwa first partnered with Aella, which was then a lending platform for unbanked and underbanked individuals in emerging markets, four years ago, but only carried out the integration of their respective wallets in June.
BabelFish combines liquidity from several issuers and chains and has become the largest stablecoin on RSK as the meta-stablecoin XUSD raked in $10 million in deposits within just two months of being live on mainnet.
Coinbase is now the second crypto-related junk bond issuer in the United States market as business intelligence and software developer, MicroStrategy Inc, sold $500 million of notes in June to fund the purchase of Bitcoin.