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Archives by Year:
Binance in Taiwan: AML Compliance on the Horizon?
Binance, the industry’s largest crypto exchange, is reportedly drawing closer to obtaining its Anti-Money Laundering compliance registration in Taiwan, highlighting its aim to reinforce its global presence while aligning with each market’s regulations, according to a report from Taiwanese news site AbMedia. “The Taiwan Financial Supervisory Commission stated at the regulatory draft meeting that Binance, […]
Canada Pursues a Secure Digital Asset Repository as Crypto Crime Surges
As digital currency crimes escalate, the Royal Canadian Mounted Police (RCMP) and Shared Services Canada (SSC) have set their sights on a robust solution. They initiated a test for a centralized digital asset repository, aiming to safeguard seized cryptocurrencies and NFTs based on Ehereum, Polygon and Solana: “The RCMP requires the ability to safely and […]
Coinbase Collaborates with Crossmint for Simplified NFT Onboarding
Cryptocurrency trading platform Coinbase and NFT infrastructure company Crossmint are aligning their strengths to redefine the NFT onboarding process, according to an announcement on August 10. The world’s coming onchain ✌@coinbase is integrating @crossmint to help Coca-Cola®, Atari, and other major companies onboard the world to web3 🧵 pic.twitter.com/8T0ZChen5g — Crossmint (@crossmint) August 10, 2023 […]
Crypto-Guilds Raises the Gaming Bar with Chainlink VRF Integration
Crypto-Guilds, an influence in the Web3 gaming world, announced its partnership with Chainlink’s Verifiable Random Function (VRF) on the Polygon mainnet, setting a new benchmark for transparency and fairness in loot box systems: .@crypto_guilds, a Web3 gaming ecosystem using @Moonstreamto’s open-source infrastructure, has integrated #Chainlink VRF on @0xPolygon. Learn how VRF provides fair and transparent […]
Binance Backs Curve with $5M as DeFi Protocol Eyes BNB Chain Integration
Binance Labs announced a $5 million strategic investment in Curve DAO Token, according to an August 10 announcement. We’ve invested in @CurveFinance‘s CRV token with our full commitment to collaborate with the protocol and shape the future of the DeFi sector together. Read more👇https://t.co/39q08pqwUF — Binance Labs Fund (@BinanceLabs) August 10, 2023 Currently, Curve solidifies […]
France Aligns Crypto Regulation with EU’s MiCA
The French crypto landscape is set to undergo significant change. The Autorité des Marchés Financiers (AMF), in its latest announcement, has detailed the nation’s intent to recalibrate its crypto policies to be in sync with Europe’s MiCA directive. With these changes scheduled to be in full swing by January 1, 2024, there is a clear […]
Base Mainnet Launches, Paving the Way for Onchain Summer Era
Base has rolled out its mainnet, marking a significant stride in the race to broaden blockchain’s appeal. This eagerly anticipated launch integrates over 100 DApps and services, positioning itself as a significant contender in the blockchain sector. In the early 2000s, getting online transformed the world Now, getting onchain will kick off the next transformation, increasing […]
13 Russian Banks Will Kickstart Digital Ruble Trial
The Bank of Russia has officially unveiled its pilot trials for the nation’s prospective CBDC, the digital ruble, according to an anouncement on August 9. The pilot, which will start on August 15, will incorporate 13 of Russia’s leading financial institutions and tested in 30 retail institutions, engaging them in real-world testing environments. The initiative […]
Nigeria’s Bank Association Wants Binance Out Over Added Strain to Naira
The Association of Bureaux De Change Operators of Nigeria (ABCON) expressed concerns on August 9 over the cryptocurrency giant, Binance’s “unfortunate” influence on the nation’s economy. A strong appeal was made to the Federal Government, urging them to consider a ban on Binance’s operations within Nigeria, the Nairametrics reported on August 9: “So, we have […]
Ramp Network Bridges Gap with Coinbase’s Base Integration
Bridging the gap and deepening connections between cryptocurrencies and traditional finance, Ramp Network has integrated with Coinbase’s newest offering, Base. This merger allows Ramp users to efficiently transition Base-native ETH and USDC into diverse crypto chains and directly into fiat, according to the official announcement. Constructed to ensure speedy, cost-effective transactions, Base, utilizing Ethereum’s Optimism […]
