El Salvador President Nayib Bukele Eyes Bitcoin-Backed Bonds, Bitcoin Cities in Re-election Bid

Nayib Bukele’s Future Bitcoin Plans

El Salvador President Nayib Bukele Eyes Bitcoin-Backed Bonds, Bitcoin Cities in Re-election Bid

El Salvador’s President Nayib Bukele intends to push forward with his plans for Bitcoin if he secures a second term in the upcoming election. Despite pressure from the Internatio...

7 months ago

Portal raises $34M in seed round for Bitcoin atomic swaps

Investors in the round include Coinbase Ventures, Arrington Capital, OKX Ventures and Gate.io. The funds will be used in the development of Portal’s DEX and noncustodial wallet.

Portal raises $34M in seed round for Bitcoin atomic swaps

Financial technology firm Portal has secured $34 million in seed funding to offer atomic swaps technology for Bitcoin. Investors backing the initiative include Coinbase Ventures, Arrington Capit...

7 months ago

Bitfinex Securities to Launch in El Salvador on Jan 31 as First Registered Service Provider

El Salvador Profits from Bitcoin Investments

Bitfinex Securities to Launch in El Salvador on Jan 31 as First Registered Service Provider

Bitfinex is set to launch in El Salvador on January 31, becoming the first registered and licensed digital asset service provider in the country. Bitfinex Securities, a prominent ...

7 months ago

China to introduce revised crypto AML regulations by 2025

China imposed a blanket ban on crypto use in 2021, but due to technological advancements and the decentralized nature of crypto, mainland users have found a way to access the crypto market.

China to introduce revised crypto AML regulations by 2025

China is set to make a major amendment to its Anti-Money Laundering (AML) regulations to include cryptocurrency-related transactions amid calls for greater scrutiny of the nascent crypto industr...

7 months ago

This blockchain game distribution platform aims to change Web3 gaming

The blockchain gaming sector is evolving with innovation that aims to reshape the gaming economy and player experience.

This blockchain game distribution platform aims to change Web3 gaming

The blockchain gaming industry faces the challenge of fragmented digital currencies across various games. Nexxyo Labs’ Blink Galaxy platform addresses this by offering a unified ga...

7 months ago

Memecoin Floki blocks Hong Kong users from staking programs amid regulatory warnings

The Hong Kong Securities and Futures Commission issued a warning against Floki on Friday, marking its high-yield staking products as “suspicious” and unauthorized.

Memecoin Floki blocks Hong Kong users from staking programs amid regulatory warnings

The Floki Inu cryptocurrency team has ceased Floki and TokenFi staking programs in Hong Kong after the local regulator listed them as “suspicious investment products,” according to i...

7 months ago

Bitpanda launches institutional crypto platform with cold storage

Bitpanda Wealth uses Bitpanda’s proprietary custody solution, which applies cold storage to keep investors’ assets safe.

Bitpanda launches institutional crypto platform with cold storage

Austrian fintech unicorn Bitpanda is launching an institutional-grade cryptocurrency trading platform in response to the growing demand for institutional crypto services in Europe. Bit...

7 months ago

PayPal backs crypto security startup Mesh with its PYUSD stablecoin

International payment giant PayPal has completed its first investment using its stablecoin PayPal USD (PYUSD).

PayPal backs crypto security startup Mesh with its PYUSD stablecoin

In a press release on Jan. 29, the San Jose-headquartered payment company said that its investment branch, PayPal Ventures has thrown its support behind Mesh, a crypto-focuse...

7 months ago

Japan to resolve CBDC issuance legalities by Q2 2024

While Japan is preparing to solve the legal issues around issuing a CBDC, it has not revealed plans for an official launch.

Japan to resolve CBDC issuance legalities by Q2 2024

The Bank of Japan (BoJ) held its first official meeting with the country’s government to discuss a central bank digital currency (CBDC). According to the local TV channel NHK, on Jan....

7 months ago

Polygon Labs proposes defi protocols as critical infrastructure in new regulatory framework

Polygon Labs, in collaboration with Arktouros law firm, has put forward a new regulatory framework that proposes designating certain decentralized finance (defi) protocols as critical infrastructure crucial to the national and economic security of the US.

Polygon Labs proposes defi protocols as critical infrastructure in new regulatory framework

The suggestion was published on Jan. 29 by Rebecca Rettig and Katja Gilman of Polygon Labs, alongside Arktouros co-founder Michael Mosier. Their 45-page document focuses on combating i...

7 months ago

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