Coinbase, a digital asset payment service provider, has recently obtained a Major Payment Institution (MPI) license from Singapore’s Monetary Authority (MAS). This license will enable Coinbase to expand its services to Singapore’s retail and institutional customers. The license also exempts Coinbase from the $2.2 million (S$3 million) transaction limit and the S$6 million ($4.4 million) […]
Harvard Business School has released a case study on Ripple, a major player in the cryptocurrency world. The study, titled “Ripple: The Business of Crypto Case – An Analysis and Solution”, was crafted by professors David B. Yoffie, Andy Wu, and Sarah von Bargen. It provides an in-depth view of Ripple’s operations and goals, which […]
Elon Musk’s rebranded social media platform, Twitter X, is set to go public amid a new investment strategy by Bill Ackman’s firm, Pershing Square. The venture into X could redefine social media engagement while creating unparalleled shareholder value, according to Ackman. The potential public listing of Twitter X could have a rippling effect on the […]
Coinbase, a United States-based cryptocurrency exchange, has recently obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This license enables the company to expand its digital payment token services to individuals and institutions in the country. The license also allows Coinbase to conduct payment services without being subjected to transaction limits […]
Honda Motor Co., a Tokyo-based manufacturer of automobiles, motorcycles, and power equipment, has partnered with the blockchain payment system FCF Pay to allow clients to lease or purchase company products in digital currencies instead of fiat. The accepted assets include Bitcoin (BTC), Ether (ETH), Ripple (XRP), Shiba Inu (SHIB), Binance Coin (BNB), Polkadot (DOT), Pepe […]
Ripple, a payments technology company, recently held a “Victory Party” to celebrate its partial win in court against the SEC. The event was a lavish one, with legendary rock musician Lenny Kravitz performing. Ripple CEO Brad Garlinghouse gave an impassioned speech, recognizing key personalities in the Ripple team and thanking the XRP community for their […]
Bitwise Asset Management has announced the launch of two Ethereum-themed exchange-traded funds (ETFs): the Bitwise Ethereum Strategy ETF (AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP). These ETFs will provide investors with access to Chicago Mercantile Exchange (CME) Ether futures and expand regulated and trusted investment avenues in the crypto sector. […]
Bitwise Asset Management has announced that trading for two Ethereum-focused ETFs, the Bitwise Ethereum Strategy ETF ($AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF ($BTOP), will commence on October 2, 2023. This decision comes after the firm amended its application for the spot Bitcoin ETF. According to the firm’s Chief Investment Officer, […]
Zhu Su, co-founder of the now-bankrupt Three Arrows Capital (3AC), has been arrested in Singapore, according to a tweet from online news aggregator db. The reason behind the arrest and the nature of any charges brought are currently unknown.3AC’s downfall was a shocking event in the crypto industry, given its prominent position and substantial investment […]
CoinShares, a European cryptocurrency investment firm, is optimistic about the regulatory climate in the United States as it enters the new market. On Sept. 22, CoinShares officially announced the launch of its new division, CoinShares Hedge Fund Solutions, which marks the first time the firm has offered its services to qualified U.S. investors. CoinShares’ entrance […]
