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Search Results for: fiat currency

Binance Partners with Paymonade for Seamless Crypto to Card Sales

Binance has made a significant update to its platform by partnering with Paymonade to enable users to sell cryptocurrencies directly to their credit and debit cards, enhancing the overall user experience. This new feature, announced on October 24, allows users to convert their crypto holdings into local currencies, which are

October 24, 2024 1 min read

Top Crypto Exchanges for Secure and Efficient Trading in 2024

A crypto exchange lets you buy, sell, and trade cryptocurrencies. This guide breaks down how these platforms work and what you should consider when choosing the best cryptocurrency exchange. Whether you’re just starting or have been trading for years, you’ll find the best crypto exchanges to fit your needs here.

October 10, 2024 13 mins read

Coinbase Prepares to Delist Stablecoins Ahead of EU MiCA Rules

Cryptocurrency exchange Coinbase Global Inc. has announced plans to delist stablecoins that do not comply with the new requirements across the European Economic Area (EEA) by the end of this year.  The European Union’s Markets in Crypto-Assets (MiCA) regulation moves toward full implementation by the end of 2024. Coinbase plans

October 4, 2024 2 mins read

Visa Unveils Tokenized Asset Platform (VTAP) Set for 2025 Rollout

To facilitate the issuance and management of digital assets, Visa unveiled its new Visa Tokenized Asset Platform (VTAP). The financial services behemoth unveiled the VTAP on October 3; it claims to be compatible with several tokenized assets, including stablecoins and CBDCs. Visa reports that BBVA is one of many participating

October 3, 2024 2 mins read

Singaporean SBI DM Plans to List Digital Assets on German Firm 21X

In the last 24 hours, amid several news reports, the cryptocurrency sector witnessed the release of governmental institutions’ Bitcoin holdings data. The governmental reserves alone account for 2% of Bitcoin’s total supply. This indicates a widespread adoption of cryptocurrency in the global economy.  Moreover, several banks have begun listing digital

September 26, 2024 2 mins read

Mastercard Launches Euro Crypto Debit Card with Mercuryo

Mastercard has expanded its support for cryptocurrency by partnering with Mercuryo, a European crypto payments infrastructure provider, to launch a euro-denominated crypto debit card.  This new card allows users to spend cryptocurrencies like Bitcoin directly from their self-custodial wallets at over 100M merchants worldwide who accept Mastercard. Self-custodial wallets give

September 5, 2024 2 mins read

Nigerian Court Reschedules Trial of Detained Binance Executive

As the cryptocurrency sector anxiously awaits a verdict, the Nigerian court has rescheduled the trial of Tigran Gambaryan, a former US federal agent and executive of crypto exchange Binance, until September 2. Later afternoon, the most recent court hearing involving Gambaryan will begin. The executive of Binance was taken into

September 2, 2024 2 mins read

Stablecoin Market Breaks Records With New All-Time High

Eleven months of steady growth led to the market capitalization of stablecoins reaching an all-time high of $168 billion. The market’s sharp decline to $135 billion by the end of 2022 set the stage for a strong recovery. Reportedly, DefiLlama data reveals that the overall market capitalization of stablecoins has

August 26, 2024 2 mins read

Celsius Network Plans to Repay Creditors via PayPal’s Hyperwallet

Insolvent Crypto lender Celsius Network has filed a notice to the court about its intentions to distribute funds to creditors. In a filing submitted to the US Bankruptcy Court for the Southern District of New York, the attorneys for the business outline their strategy to repay creditors via the use

August 20, 2024 1 min read
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