Moody’s EU MiCA Law – A Stepping Stone For Stablecoins?

European Union members recently passed a bill on cryptocurrencies dubbed Markets in Crypto Assets (MiCA). This new guideline limits daily transactions of stablecoins not Euro-pegged to €200 million. Executives at Moody Global weighed in on the possibility of stablecoins exploding consequently.  Break Down Of The MiCA Law Fabian Astic shared the perks of EU’s MiCA … Read more

Binance BSC Blockchain Suffers Breach

Leading cryptocurrency marketplace Binance fell victim to an attack on its BSC blockchain last Thursday. Moreover, this makes the second largest hack Binance has undergone since its inception. However, the phisher stole approximately $570 million worth of tokens, according to Friday’s market fair value.  BSC Blockchain Experiences Hack  An existing loophole in the BSC bridge … Read more

FTX Partner With Visa To Introduce Debit Card in 40 Nations 

The popular payment giant Visa has signed a deal with FTX, a crypto exchange firm. The partnerships aim to enable crypto holders in over 40 Nations to use digital assets. Visa To Launch Crypto Debit Cards In More Nations  As part of the deal, Visa will provide cryptocurrency debit cards in over 40 countries. The … Read more

Bank Of Namibia Says Crypto Can Be Used For Payment 

According to a recent announcement, the BON (Bank of Namibia) has added “VASP (virtual assets service providers) and VA (virtual assets) under the country’s Fintech Innovations Regulatory Framework. However, digital currencies are not yet recognized as a legal means of exchange in Namibia.  BON Considering Amending Crypto Regulation  Last month, the BON said digital currencies … Read more

Amid BTC Price Efforts To Break $20.5k, Bitcoin Outperforms Shorts

Bitcoin Keeps “Vital” Data Private. $19,600 Zone According to data provided by Cointelegraph Markets Pro and TradingView, the BTC/USD pair on Bitstamp increased after hitting a local low of $19,740. It occurred at the same time the stock market started on October 5. As the pair rebounded from its earlier losses, early shorts saw they’re … Read more

Coinbase’s Australian Users May Use PayID And Other Premium Services

The digital currency exchange announced that it would provide PayID capability for its customers in Australia. That was back in 2016 when it first entered the Australian market for the first time. Coinbase Makes Announcement “To begin, we are releasing PayID as a way for Australians to top up their Coinbase accounts through direct transactions … Read more

Ripples’ Partner 3S Money Expands To The UAE, Bags License

The United Arab Emirates (UAE) is becoming a haven for digital asset services providers as Ripple’s remittance service launches in the Gulf region. Dubai Regulator Approves an International Payment Platform As per the press release, the Dubai Financial Services Authority (DFSA) has granted a 3S Money operating license. 3S Money is an international payment platform … Read more

Bank Of Russia Introduces Digital Currencies To Banking Chart Of Accounts

The Central Bank of Russia is taking the necessary steps to make the swift shift to digital finance a reality with the latest addition of virtual assets as part of the reformed banking chart of accounts. Russian Banks to Include Digital Assets in Accounting Books With the new drafts of the banking chart of accounts, … Read more

BlackRock Launches A Blockchain ETF For European Investors

The explosion of investment products in the digital assets ecosystem and on blockchain networks is paving the way for the development of new investment strategies for participants. BlackRock Targets European Customers with New Product Investment giant BlackRock seeks to offer European investors exposure to investment opportunities in the blockchain industry.  By establishing an exchange-traded fund … Read more



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