To streamline the cryptocurrency purchasing process, PayPal is collaborating with the cryptocurrency wallet MetaMask. According to the joint statement, both organizations are looking at providing consumers with a variety of methods for moving their digital assets across platforms. A joint press statement was issued today by the two firms, announcing
The Federal Reserve authorized a lesser interest-rate boost than previous ones this year but indicated intentions to keep increasing rates next year to battle excessive inflation, sending the price of cryptocurrencies down along with U.S. markets. Inflation in the United States is at a 40-year high, therefore the Federal Reserve
Robinhood Markets (HOOD) stock was downgraded from “Buy” to “Neutral” by Citi because of uncertainty surrounding the United States Securities and Exchange Commission’s (SEC) upcoming market structure proposals. Along with Citi’s cautious equity market outlook, and the effect of the collapse of FTX, a cryptocurrency trading platform, on Robinhood Markets’
DUBLIN–(BUSINESS WIRE)–The “Mexico NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added to ResearchAndMarkets.com’s offering. NFT industry in Mexico is expected to grow by 46.3% on an annual basis to reach US$1123.7
DUBLIN–(BUSINESS WIRE)–The “Philippines NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added to ResearchAndMarkets.com’s offering. NFT industry in Philippines is expected to grow by 46.0% on an annual basis to reach US$2598.3
On Wednesday, Justin Sun, founder of the Tron, withdrew 100 million BUSD stablecoins. The one hundred million BUSD withheld was deposited into the Paxos Treasury. On Tuesday, Binance CEO CZ said that Justin Sun’s transfer of 100 million USDC to Binance is an integral aspect of deploying BUSD on Tron
Tokyo Electric Power Grid (TEPCO), a Japanese utility company, is collaborating with TRIPLE-1. The goal is Bitcoin mining, and by extension, making use of the grid’s surplus of electricity. As a regional hardware producer, TRIPLE-1 is a household name. During the 2012 earthquake and tsunami that hit the Fukushima area,
Due to the FTX’s demise, another financial regulator stepped in. To safeguard its citizens’ savings, the Thailand Securities and Exchange Commission (SEC) is preparing to implement stricter rules on crypto assets in line with those of the international market. The SEC reportedly argued that authorities should take a more active
Australia’s government said on Wednesday, December 14 that it is doing the necessary to enhance crypto service provider regulation. The government plans to issue a discussion paper in early 2023. In order to determine which kind of digital assets they want to regulate. Moreover, the Australian government is contemplating major
After being available to clients outside the United States since 2021. Binance US has now implemented the Binance Pay service for cryptocurrency transactions. Mobile users of the Binance app in the U.S may quickly trade roughly 150 supported cryptocurrencies without fees. The service went into beta internationally in February 2021
