As part of its worldwide expansion strategy, OKX, a prominent crypto exchange, has secured a VASP license from VARA, the Virtual Assets Regulatory Authority (VARA), in Dubai. Furthermore, this noteworthy accomplishment showcases the innovative approach to virtual assets and Web3 technology in Dubai, as well as OKX’s dedication to regulatory
January 16, 2024 1 min read
In light of worries over de-dollarization, renowned financial institution Morgan Stanley expects stablecoins to support the US dollar (USD). In light of the proliferation of digital currencies, this report examines the threats that the US dollar faces. It also highlighted international initiatives aimed at promoting de-dollarization. Despite the United States’
January 16, 2024 2 mins read
Investment in assets like government bonds might be more efficient with blockchain-based tokenized funds, according to research by Moody’s, a world-renowned credit rating agency. Despite the advantages, researchers at Moody’s have warned of the growing technical hazards connected to these digital investment vehicles. The use of tokenized funds that are
January 16, 2024 2 mins read
Hitachi America, Ltd. (Hitachi) has joined the Hedera Council, bringing with it expertise in industrial solutions. Throughout the Americas, Hitachi operates both directly and via its subsidiaries, providing a wide variety of products and services in electronics, power, industrial, healthcare, information technology, operational technology, mobility, and the IoT. Within the
January 15, 2024 2 mins read
The famous investor Kevin O’Leary from the popular TV show “Shark Tank” has lately voiced his doubts on the merit of Bitcoin ETFs. The present craze around Bitcoin ETFs doesn’t appeal to O’Leary much, despite the fact that he is known as a long-term Bitcoin investor. Fees levied by ETF
January 14, 2024 2 mins read
In light of the increasing number of frauds utilizing Bitcoin, Michael Saylor, Chairman of MicroStrategy Incorporated, has delivered an emphatic caution to the crypto community. A twitter post made public by Saylor reveals that MicroStrategy and his fame are often used to defraud individuals. Also, according to the Chairman, whose
January 14, 2024 1 min read
With a massive spike in its weekly burn rate, Shiba Inu sparked widespread optimism within the SHIB army. Shibburn, a platform that facilitates SHIB burning information, showed a jump of approximately 6000%, according to on-chain data, and this has sparked curiosity among crypto market aficionados worldwide. In line with the
January 13, 2024 1 min read
During times of national financial crisis, Robert Kiyosaki—world renowned author of “Rich Dad Poor Dad”—has recommended Bitcoin and other assets as a hedge. The well-known author has long advocated for investors to spread their investments, particularly in times of economic crisis. This time, he brought attention to the fact that
January 13, 2024 2 mins read
Franklin Templeton, one of the issuers of the Spot Bitcoin ETF, made a bold move by cutting its sponsor fee, making it the lowest among its rivals. In its January 12 filing, the company reportedly opted to cut the yearly fee for its Bitcoin ETF from 0.29% to 0.19%. Along
January 12, 2024 2 mins read
The BitGo crypto custody firm has received an in-principle approval for a Major Payment Institution (MPI) license via its local entity from Singapore’s financial regulator, the Monetary Authority of Singapore (MAS). A post on Twitter declared the in-principle approval by the corporation. This authorization follows BitGo’s acquisition of a crypto
January 10, 2024 2 mins read