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Sony Bank, a Japanese commercial bank from Sony Financial Group, has launched a proof-of-concept experiment to develop a stablecoin pegged to fiat currencies, including the Japanese yen. The initiative aims to explore the potential of […]
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The cryptocurrency bull run has faded recently as many investors take profits and wait for the next catalyst. Bitcoin price has retreated from an all-time high of over $73,000 to $67,000. Similarly, Ethereum token has plunged […]
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Ethena Labs, the creators of USDe, have incorporated Bitcoin (BTC) as backing into their synthetic dollar-pegged offering. This move aims to scale USDe’s supply from its current $2 billion mark. BTC to Boost Scalability and […]
Bitcoin has again stolen the spotlight by surging to a new all-time high of $73,760 on March 14, 2024. This figure marks a significant milestone in BTC’s journey, especially as it approaches the much-anticipated halving. […]
SEC opens a comment period for Ethereum ETFs from Grayscale, Fidelity, and Bitwise. Analysts less optimistic about approval following SEC’s bitcoin ETF greenlight. May 23 deadline for SEC’s final decisions on ETF applications approaches. The […]
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GSR Markets secures MAS license, paving the way for OTC services in Singapore. Singapore aims to be a crypto-friendly hub with regulatory compliance. MAS recently expanded its regulations to safeguard investors amidst market turbulence. GSR […]
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