MAS Approves Ripple’s License for Digital Payment Token Services in Singapore

Ripple Markets APAC Pte Ltd announced on Wednesday that its Singapore subsidiary has been granted a payments license from the Monetary Authority of Singapore (MAS). This license allows Ripple to provide regulated digital payment token services in the city-state.Ripple received in-principle approval for its Major Payments Institution (MPI) license application from MAS earlier this year. […]

Chase Bank and HSBC Enable Crypto Payments for Loans and Credit Cards

Chase Bank, a subsidiary of JPMorgan Chase & Company, has partnered with the blockchain settlement system FCF Pay to allow customers to pay mortgages, credit cards, and loans in multiple cryptocurrencies. Supported coins include Ripple’s XRP, Shiba Inu (SHIB), Dogecoin (DOGE), Bitcoin (BTC), Ether (ETH), and more. HSBC has also recently enabled eligible customers to […]

EOS Network Foundation CEO Shares Insights on $4 Billion ICO, Technical Advances, and Challenges

Yves La Rose, the CEO of the EOS Network Foundation, recently shared his insights into the evolution of EOS, its technical advancements, and the challenges it faces in the latest episode of CryptoPotato’s podcast. La Rose began his foray into the crypto realm in 2010 and returned in 2017 to become associated with EOS. He […]

Verasity Token Price Jumps 83% After Burn Event and Bybit Listing

Verasity’s native token VRA has seen a significant price increase of 83% since Sep. 27, following several bullish announcements from the platform. Verasity recently announced a burn event to remove 10 billion VRA tokens from circulation, capping the token’s circulating supply at 10 billion VRA. The project also announced the launch of its VRA/USDT perpetual […]

Coinbase’s Battle with SEC Heats Up as Pro-XRP Lawyer Predicts Setback

Coinbase, a major player in the cryptocurrency space, is currently embroiled in a legal battle with the Securities and Exchange Commission (SEC). According to lawyer John E. Deaton, who is known for his pro-XRP stance, the SEC may be on the brink of a major defeat. Deaton believes that Coinbase’s chances of success in its […]

Blockchain Analysis Reveals Dubious Interactions Between FTX and Alameda Before Collapse

Nansen, a blockchain analytics firm, has released a report that sheds light on the days leading up to the collapse of FTX, a cryptocurrency exchange founded by Sam Bankman-Fried. The report reveals that the collapse was likely sparked by initial reports that flagged the significant, 40 percent share of Alameda Research’s $14.6 billion in assets […]

MEXC Ventures Invests in TON, Partners with TON Foundation to Promote Web3 Accessibility

The Open Network (TON), a decentralized blockchain platform originally designed by Telegram, has secured major funding from the venture arm of the cryptocurrency exchange MEXC. TON has raised an eight-figure investment from MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, and the two have entered into a strategic partnership aiming to promote global […]

Bank of Korea Unveils Roadmap for Wholesale Central Bank Digital Currency

The Bank of Korea (BoK) has unveiled its roadmap for a wholesale central bank digital currency (CBDC). This initiative seeks to explore the Bank for International Settlements’ (BIS) Unified Ledger concept, which would allow both the CBDC and other tokenized assets to coexist on a singular network. The BoK is also looking to harness Korea’s […]