Binance has launched its instant payment service, Binance Pay, in Brazil. In a blog post on August 22, 2023, the crypto exchange noted that the move was to allow local merchants to offer a new payment alternative to their...
Binance.US has announced that it has now designated USDT as the "base asset" for all its transactions in line with its transition to a crypto-only exchange. As a result, its users will have to convert their deposited U.S. dollars...
Cheongju, the capital city of South Korea's North Chungcheong province, has revealed its plans to seize cryptocurrency assets from individuals evading local taxes. According to a local report from Yonhap on August 22, 2023, Cheongju's municipal authorities have engaged...
Coinbase and Circle have announced a strategic restructuring of their partnership, ushering in a new chapter in the governance of the US Dollar Coin (USDC). In a joint blog post on August 21, 2023, the two companies unveiled a...
Valour, a subsidiary of DeFi Technologies and an exchange-traded products (ETPs) issuer, has introduced a new product, the 1Valour Ethereum Physical Staking ETP. This product is one of its new investment products designed to provide easy access to the...
Bitget has unveiled a comprehensive update to its Know Your Customer (KYC) procedures and the new policy is slated to take effect from September 1, 2023. The Seychelles-based cryptocurrency exchange announced this development on Monday, August 21, 2023, emphasizing...
On August 21, 2023, Coinrule announced a strategic partnership with Coinbase to integrate its suite of AI-automated trading tools into the crypto exchange's Advanced Trading services. According to Coinrule's announcement, its offerings include a range of features designed to...
Kenyan Authorities have asked its citizens to participate in shaping the country's policy toward cryptocurrencies and blockchain technology. The Financial Reporting Centre (FRC), on August 16, 2023, announced that all Kenyans are invited to participate in a public survey...
Mastercard has announced a new project that brings together top blockchain technology and payment service providers to explore the potential benefits and challenges of central bank digital currencies (CBDCs) and how to implement them safely and effectively. In its...
Digital currencies emerged as an alternative to traditional fiat, with the goal of exploring new financial opportunities, lowering transaction costs, and promoting financial inclusion. However, early forms of digital currencies, like e-gold, faced challenges in solving the double-spending problem,...
