Abu Dhabi is taking significant steps towards regulating fiat-referenced tokens (FRTs), a specific type of stablecoin. The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) introduced a proposed framework on August 20. It aimed at overseeing the issuance and operation of FRTs. FRTs are digital assets
The decision by the Dubai Court of First Instance to acknowledge crypto wage payments as legitimate under employment contracts is a major development in the UAE judiciary’s views on crypto. According to Irina Heaver, a partner at the UAE legal company NeosLegal, the decision in case number 1739 of 2024
Tonkeeper, the leading non-custodial wallet in the TON ecosystem, is partnering with Mercuryo Pro to launch a premium fiat onramp. With the help of this service, people and companies interested in TON’s blockchain ecosystem will have a secure means of buying high-value cryptocurrencies. Users anywhere in the world will be able to access
Singapore, Singapore, 16th July 2024, Chainwire
Hong Kong has drawn market attention in the past few months with its progress toward digital asset adoption. Currently, the impending agenda in the nation is the introduction of a licensing system for crypto-fiat exchanges. The CFO of OSL Group, a leading crypto exchange in the Chinese capital, discussed the
Majuro, Marshall Islands, 23rd May 2024, Chainwire
In the quest to bring cryptocurrency into mainstream daily use, M20 Chain has introduced a transformative tool: the MCard. This innovative payment solution is designed to bridge the gap between digital currencies and everyday transactions, making it possible for users to spend their cryptocurrency as effortlessly as traditional fiat money.
IVEX is thrilled to unveil an unprecedented advancement in the financial realm by introducing a platform that innovatively links traditional fiat currencies and the dynamic universe of cryptocurrency. By merging the sophistication of conventional finance with state-of-the-art blockchain technology, IVEX has engineered a platform that introduces a plethora of new
According to ARK Invest CEO Cathie Wood, Bitcoin’s (BTC) ascent might be attributed to its status as a “flight to safety” from depreciating fiat currencies. In an interview that was made public on April 3 by CNBC, Wood characterized BTC as an investment that has both upside and downside risks.
In an exciting development for the cryptocurrency community, Quppy, the innovative financial services platform, has made headlines once again. Alongside its already impressive array of services, Quppy is now introducing a groundbreaking Anti-Money Laundering (AML) Telegram Bot designed to enhance the security and transparency of crypto transactions and wallets. This
