Binance, one of the world’s leading cryptocurrency exchanges, has announced the addition of the Japanese Yen (JPY) to its Binance Convert service. This strategic move will enable users to seamlessly trade JPY against Bitcoin (BTC), Tether (USDT), and a range of other tokens supported by the platform. The integration of JPY into Binance Convert is … Continue reading Binance Expands Convert Service with Japanese Yen Integration
The Hong Kong Monetary Authority (HKMA) has officially unveiled its stablecoin issuer sandbox arrangement, marking a significant move in the burgeoning sphere of fintech. Announced on March 12, 2024, this development is set to propel Hong Kong to the forefront of stablecoin innovation while ensuring a controlled environment for risk assessment and regulatory compliance. The … Continue reading HKMA Initiates Stablecoin Issuer Sandbox Program
Optimism (OP), a leading Layer 2 scaling solution for Ethereum, is set to implement significant breaking changes to its Fault Proof system, which will directly affect bridges, centralized exchanges, and custom solutions that handle withdrawals. This development is crucial for stakeholders within the Optimism ecosystem, as they must adapt their systems to align with the … Continue reading Optimism (OP) Announces Critical Fault Proof Upgrade Impacting Bridges and Exchanges
BlackRock, the world’s largest asset manager, has filed a Form D for its inaugural tokenized asset fund, named the BlackRock USD Institutional Digital Liquidity Fund. As of 2023, this innovative fund represents a landmark development in the financial sector’s embrace of blockchain technology and tokenization. The fund, which necessitates a substantial minimum investment of $100,000, … Continue reading BlackRock Launches Pioneering Tokenized Asset Fund in Partnership with Securitize
A group of 85 economists has openly supported the Honduran government’s decision to withdraw from the International Centre for Settlement of Investment Disputes (ICSID), an arbitration body of the World Bank. This backing comes against the backdrop of a contentious battle with Próspera Inc., a firm specialized in creating cryptocurrency-powered islands, which has lodged a … Continue reading Honduran Withdrawal from ICSID Backed by Economists Amidst Crypto Firm Dispute