Circle and Mercado Pago Partner to Introduce USDC to Chile

Circle, the company behind USD Coin, has partnered with Mercado Pago, a leading name in Latin American financial technology, to introduce USDC to Chile. The collaboration is aimed at providing Chilean users with a trusted, secure, and transparent digital dollar for near-instant transactions. Matías Spagui, senior director of Mercado Pago, stated that the US dollar […]

EOS Whitelisted by Japan’s JVCEA, Set to Trade on BitTrade in September

The EOS Network Foundation has announced that the Japan Virtual and Crypto Asset Exchange Association (JVCEA) has approved the EOS cryptocurrency for inclusion on its whitelist. This accomplishment allows EOS to be traded in Japan on authorized cryptocurrency exchanges against the yen. The JVCEA and FSA closely monitor and regulate crypto-asset providers, and the EOS […]

Tether Adds Britannia Bank & Trust as Banking Partner Amid Crypto Exodus

Tether, the issuer of the world’s largest stablecoin, has reportedly found a new banking partner in the Bahamas-based Britannia Financial Group. The USDT issuer has been leaning on Britannia Bank & Trust to process its US Dollar transfers after several traditional financial institutions cut ties with the crypto industry.Citing people familiar with the matter, Bloomberg […]

Bybit Launchpad 3.0: Streamlined Model for Transparent Crypto Launches

Bybit, one of the largest cryptocurrency exchanges by volume, has launched Launchpad 3.0, a token launch platform that aims to bring more transparency and opportunities to early investors. This program offers a bridge connecting promising blockchain projects with potential backers seeking pre-listing access. To participate, users need to complete Identity Verification Level 1 on Bybit […]

Grayscale’s Bitcoin ETF Win Sparks Optimism in Crypto Market

Grayscale’s Bitcoin Trust GBTC has achieved a major victory in the DC Court, as the court ruled that the SEC does not have the authority to reject the transformation of GBTC into a Bitcoin ETF. This ruling has caused a 6% surge in Bitcoin prices. Various applications have been submitted to the SEC challenging their […]

Bitcoin Rally Driven by Derivatives Exchanges After Grayscale’s SEC Victory

The cryptocurrency market has seen a surge in prices after Grayscale’s victory against the US Securities and Exchange Commission (SEC). Bitcoin rallied to $28k before settling near $27.4k, while altcoins followed suit. On-chain analyst Ali Martinez revealed that nearly 30,000 BTC were sent to crypto exchanges ahead of Grayscale’s triumph over the SEC, boosting the […]

South Korea Rejects Motion to Expel Former DP Member Over Crypto Holdings

Kim Nam-kuk, a former member of the main opposition Democratic Party in South Korea, has been spared from expulsion after a parliamentary ethics subcommittee voted down a motion to expel him.The subcommittee rejected the proposal on Aug. 29 after the ruling People Power Party (PPP) and the DP divided evenly over the motion in a […]

Helix Launches Institutional Trading Platform for DeFi Derivatives

Helix, the premier decentralized orderbook exchange built on Injective, has announced the launch of Helix Institutional, a permissioned, KYC-enabled environment for trading DeFi derivatives products. This initiative aims to bring decentralized trading to prominent institutions, allowing them to access the benefits of a DEX while adhering to regulatory frameworks. The most popular markets on Helix […]

Bitget EmpowerX Summit: Exploring the Potential of Crypto and Web3

Bitget, a top crypto derivatives and copy trading platform, is hosting the Bitget EmpowerX Summit in Singapore on September 12, 2023. This event will bring together innovators, creators, and visionaries to explore the potential of Crypto and Web3 and their impact on the economy. A Web3 pitching competition, in collaboration with crypto entertainment mogul HELLO […]