Hong Kong-based stablecoin issuer IDA has entered into a strategic partnership with Zand Bank, the UAE's first fully licensed digital bank, to enable efficient, cost-effective cross-border transactions across Belt and Road regions and BRICS Plus countries. According to a...
OKX has named UK’s banking giant Standard Chartered as the third-party custodian for its services aimed at global institutional clients. According to the crypto exchange's Global Chief Commercial Officer Lennix Lai, this collaboration will enhance OKX's institutional services by...
Gemini has received preliminary approval from Singapore's Monetary Authority (MAS) to offer cross-border money transfer and digital payment token (DPT) services in the country. According to the New York-based crypto exchange, this achievement underscores its commitment to adhering to...
Sequoia Capital and several other venture capital (VC) firms are reportedly set to generate hundreds of millions of dollars in returns from Stripe's recent acquisition of the stablecoin infrastructure platform Bridge. According to Bloomberg, Sequoia holds a 16% stake...
Bitget has appointed Min Lin, a former Goldman Sachs executive and Binance VP for Latin America, as its Chief Business Officer. In a press release shared with DeFi Planet, the crypto exchange stated that the addition will help accelerate...
Circle has signed a Memorandum of Understanding with HKT, Hong Kong's leading telecom provider, to explore blockchain-driven customer loyalty solutions aimed at enhancing consumer engagement for local merchants. In a statement issued today, October 29, 2024, Circle stated that...
Metaplanet's total Bitcoin holdings have now surpassed 1,000 BTC, placing it among the top 20 companies globally with major Bitcoin reserves, according to data from BitcoinTreasuries. In an X post on October 28, the Tokyo-based investment firm announced its...
According to Tokyo-listed investment firm Metaplanet, its ongoing Bitcoin acquisitions have delivered a 116% return for shareholders from October 1 to October 25. This company claimed that the figure marks a significant rise from the 41.7% yield reported on...
Bitstamp has received a MiFID Multilateral Trading Facility (MTF) licence from Slovenia's Securities Market Agency, enabling it to offer crypto derivatives products such as perpetual swaps in the European Union. The Markets in Financial Instruments Directive (MiFID) governs traditional...
Malaysian cryptocurrency exchange Hata has successfully raised $4.2 million in a seed funding round led by Castle Island Ventures and Cadenza Ventures. This capital will allow Hata to expand its product offerings and attract both retail and institutional clients...
