Day: 3 July 2024

The news about the filing of applications for Spot Solana ETFs in the US was far-reaching, sparking a global wave of interest in the ETFSwap (ETFS) presale and sending the value up 1,300% more than any presale in 2024, including that of BlockDAG (BDAG) and CYBRO.  ETFSwap (ETFS) Is Set ...

The Swiss National Bank (SNB) has announced an expansion of its pilot project for institutional central bank digital currencies (CBDCs). Antoine Martin, a governing board member of the SNB, revealed this development at the Point Zero Forum event in Zurich, Switzerland, as reported by Reuters on Wednesday, July 3. According ...

CoinCDX, a leading Indian centralized cryptocurrency exchange, has acquired Dubai-based BitOasis for an undisclosed sum, marking its first major expansion into the Middle Eastern and North African (MENA) region. According to a press release published on Wednesday, June 3, 2024, this acquisition will enable CoinCDX, which initially invested in BitOasis ...

Layer 1 blockchain firm Mantra has announced a collaboration with prominent United Arab Emirates (UAE) real estate developer MAG to tokenize $500 million worth of real-world assets (RWA). According to a press release by the blockchain firm, the collaboration will build on MANTRA's secure RWA-focused blockchain and MAG's established presence ...

The Bank of Russia is exploring the possibility of legalizing stablecoins for cross-border transactions, a move that could provide alternative trading avenues amid ongoing economic sanctions. Alexei Guznov, deputy governor of the central bank, revealed this development in an interview with the state newspaper Izvestia. Guznov explained that discussions and ...

Cryptocurrency exchange Bitget is actively pursuing regulatory compliance in India and is now in active discussions with the country's Financial Intelligence Unit (FIU) to secure registration as a Virtual Asset Service Provider (VASP). This development was disclosed by Simran Alphonso, Bitget's head of global communications, in a social media post ...

Crypto trading platform Backpack has announced the appointment of Laurence King as its new head of audit. According to a recent press release, King, a banking veteran with nearly three decades of experience at major financial institutions, joins Backpack to reinforce the company's commitment to transparency and audit integrity. King's ...

Blockchain oracle network Chainlink has joined forces with Fidelity International and crypto bank Sygnum to bring net asset value (NAV) data on-chain. This collaboration, as detailed in a statement released Wednesday, July 3, 2024, seeks to enhance transparency and accessibility for NAV data in tokenized assets. Net Asset Value (NAV) ...