With the license, Upbit will now be able to offer digital payment token services to institutional investors. However, it still awaits a full MPI license from the MAS.
The initiative follows the introduction of a roadmap proposed in a synthesis paper by the IMF and FSB, aimed at fostering international policies and regulations for crypto assets.
The CoinList staking fund offers US accredited investors an opportunity to earn a yield on their digital assets through investment in a private fund.
Currently, there are nine residents of the park. All of them will get access to ten government initiatives introduced to “boost the development” of the digital yuan ecosystem. The initiatives include payment solutions, smart contracts, hard wallets, and digital yuan promotion.
Aside from Coinbase has raised concerns about the potential adverse impact of the proposed law across various sectors within the digital asset ecosystem.
Mastercard says it has devised a solution that helps it tokenize (or wrap) CBDCs onto different blockchains.
The freshly introduced Uniswap Android beta app offers a feature that enables users to choose coins from various blockchains without the need to manually switch networks.
Bluesky will differ from Twitter in terms of its algorithmic preferences where users get the choice to subscribe to custom feeds. With Graysky, Bluesky takes a more decentralized approach.
The BitVM project was designed by Robin Linus with lots of borrowing from Ethereum’s layer two (L2) optimistic rollups that have enabled faster execution of the transactions off-chain.
The FTC lawsuit accuses the former Voyager CEO of fraud and misleading users, while the CFTC said the firm and CEO took reckless risks.
As part of its celebration, the Czech-based firm has launched three new self-custody products.
According to the filing, “over 95% of the 500 most popular sites on the Internet are the subject of typosquatting”.
One notable adjustment pertained to the Net Asset Value (NAV) calculations, which ARK Invest acknowledged were not aligned with Generally Accepted Accounting Principles (GAAP), the accounting standard endorsed by the SEC.
While Standard Chartered gives a bullish outlook on Ethereum, JPMorgan Chase analysts ask to maintain caution amid declining Ethereum network activity.
Xapo is also expected to expand beyond its Bitcoin-only by allowing customers to trade Ether as well.