CALGARY, Alberta–(BUSINESS WIRE)–In light of recent events, Bitvo Inc. (“Bitvo”) announces that its shareholder, Pateno Payments Inc., has terminated its previously announced agreement with FTX Canada Inc. and FTX Trading Ltd. (“FTX”) in accordance with the terms of such agreement. Since inception, Bitvo has operated as an independent, Canadian crypto
Seed round includes Ripple, Arcan, Friendly Trading 2, Allegory, Cerulean Ventures, Flori Ventures SHARM EL-SHEIKH, Egypt–(BUSINESS WIRE)–Climate tech and web3 start-up Thallo announced today that it has closed an oversubscribed $2.5 million seed round, which allows the company to accelerate ongoing development and marketing of its flagship Thallo carbon exchange.
Among Russian banks, VTB Bank is the first to design a prototype that would let customers utilize the digital equivalent of the country’s fiat currency to fund accounts and make transactions using the bank’s mobile app. The bank’s press service indicated that in 2023, certain customers will be given the
JP Morgan giant using Polygon and modified Aave for live trade. SBI Digital Assets tokenized Japanese yen (JPY) assets. JP Morgan, the global leader in financial services, completed its first live cross-border transaction on a public blockchain using decentralized finance (DeFi). The trade was executed on the Ethereum layer-2 network
Hong Kong is turning toward a friendlier regulatory framework for cryptocurrencies with a plan to authorize retail trading. Retail trading will be permitted via a planned required licensing program for cryptocurrency platforms, which is expected to go into effect in March upcoming year. The plans come despite the city’s skepticism
More than 10 BNB Chain projects have implemented smart contract integration. Binance Oracle will facilitate the use of inputs and outputs from the real world in smart contracts. Binance, the largest cryptocurrency exchange platform, revealed a decentralized Web3 oracle on October 26. In this capacity, the Binance Oracle will operate
NASSAU, Bahamas–(BUSINESS WIRE)–The Securities Commission of The Bahamas (“the Commission”), in partnership with the Government of The Bahamas, announced today that the country will host a global FinTech and Web3 Festival, from 24-26 January 2023, at Atlantis Hotel, Nassau, Bahamas. The in-person festival, branded as D3 Bahamas (Decentralized | Digital
LONDON & SAN FRANCISCO & NEW YORK & SINGAPORE–(BUSINESS WIRE)–#blockchain–Bosonic, a decentralised Financial Market Infrastructure (dFMI) business, has announced that it has been selected by WadzPay, a blockchain payments company, to support the delivery of a point-of-sale (POS) capability with integrated crypto conversion that leverages Bosonic’s global network of liquidity.
Macau’s Executive Council proposed a bill that would have the intention to accept CBDC as a legal Tender. The government has not set a date or defined which digital currencies will accept. The Chinese special administrative region of Macau, which has a thriving gambling industry. It has declared its intention
The RBZ’s most recent announcement on the CBDC is similar to its prior updates. CBDC may assist the central bank cut down on the price of printing currency. According to HIT vice chancellor Quinton Kanhukamwe, the Harare Institute of Technology (HIT) in Zimbabwe is working on a central bank digital
