Today, Bybit EU, the European division of Bybit and a MiCAR-licensed crypto-asset service provider with headquarters in Vienna, made an announcement about the incorporation of PayPal as a new means of funding and withdrawing fiat funding throughout all EEA regions in which the platform is active. The partnership brings together one
Two major international banks, HSBC and Standard Chartered, are expected to receive some of the first stablecoin issuer licenses in Hong Kong. The move would mark an important step in Hong Kong’s effort to build a regulated digital-asset ecosystem. Hong Kong moves to regulated stablecoins. The Hong Kong Monetary Authority
The integration of Bybit Pay into the Mastercard Crypto Credential network was announced today by Bybit, which is the second-largest cryptocurrency exchange in the world based on trading volume among all cryptocurrency exchanges. The integration makes it possible for users of Bybit Pay to send and receive digital assets by
The cryptocurrency ecosystem of Iran is still structurally sound regardless of contracting sharply after the United States and Israeli military strikes, as per a new report published by TRM Labs. On March 2, a published post mentioned that the blockchain analytics company mentioned that transaction volume on Iranian exchanges slipped
Bybit, the world’s second-largest cryptocurrency exchange in terms of trading volume, is happy to announce the BOB Advantage, a high-impact campaign that will provide customers who are qualified with zero-fee Bolivian Bolivianos (BOB) fiat deposits and a prize pool of 5,000 USDT. Via the completion of simple deposit and trading milestones, users
Tether has observed another fall in the market capitalization of its major stablecoin, Tether, for the second consecutive month. It is noted that the market capitalization of USDT reduced from above $186 billion in January to close to $183 billion in February. This reduction is one of the most prominent
MEXC, the world’s fastest-growing digital asset exchange and a pioneer of zero-fee trading, announced support for crypto purchases via VietQR and QRPh, allowing users in Vietnam and the Philippines to buy digital assets seamlessly through familiar local payment methods with zero fees. VietQR and QRPh are government-backed national QR payment
A cooperation between OpenPayd, a leading provider of financial infrastructure, and LMAX Group (“LMAX”), the largest worldwide cross-asset marketplace for foreign exchange and digital assets, has been announced. The purpose of this agreement is to improve settlement efficiency throughout OpenPayd’s global operations. The relationship allows LMAX to settle foreign exchange trades in
Elemental Royalty Corporation has become the first publicly listed gold company to offer shareholders the option to receive dividends in Tether Gold (XAUt), a tokenized form of physical gold that marks a huge step in blending traditional finance with blockchain-based assets. With the announcement made on February 17, Elemental, a
Stablecoins are finding a mainstream way in the Asian region at a time when cryptocurrencies are going through volatility. Stablecoins are being integrated more into the payment system in comparison to other cryptocurrencies. This is for several reasons, but the one that tops the list is price fluctuation. India continues
