crypto

Crypto market’s weekly winners and losers – BEAM, KAS, XMR, FXS

Dymension, Beam, and Kaspa had the biggest wins of the week. Monero, Frax Share, and Jupiter led the biggest losers of the week. This week saw a resurgence in some top coins, reaching new highs and influencing the crypto market. In addition to these leading coins, several others also experienced notable gains, with some showcasing

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How stablecoins are crucial for the crypto market’s future

Journalist Posted: November 28, 2023 Stablecoin inflows into exchanges were crucial in aiding market recovery. The circulating supply of ERC-20 stablecoins has seen a noticeable increase lately. The ongoing crypto market rally that began in mid-October is more of a turning point rather than a year-end rebound. With optimism around potential approvals of more than

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Claims of Hamas receiving crypto donations under question

WSJ’s initial report was based on data from Elliptic and BitOK, a Tel Aviv-based software company. Elliptic said WSJ had misinterpreted its data to make the claim. London-based blockchain analytics firm Elliptic has questioned the claim that Gaza-based militant group Hamas had raised significant volumes of crypto donations. Elliptic posted a blog on 25 October,

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How Russia-Ukraine war impacted crypto adoption in the two countries

Russia and Ukraine witnessed the worst declines in crypto usage in all of Eastern Europe. Russian usage of international crypto exchanges has halved in the last one year. The Russia-Ukraine war dealt a sharp blow to the global economy, affecting supply chains and pushing up prices, particularly in the oil and food markets, to unprecedented

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Can Australia’s new digital payment rules influence crypto sector

The proposal was in response to the rise in popularity of digital payment networks, including Google Pay and Apple Pay These changes could potentially bring digital payment networks closer to the purview of financial regulations and authorities. The Australian government seeks to regulate non-bank digital payment wallets and transactions in the country to modern standards.

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Crypto exchange Coinbase obtains MPI license in Singapore

Coinbase has prioritized collaboration with regulators in key countries as part of its international expansion efforts. The exchange has actively developed and introduced products tailored specifically for Singaporean users. Coinbase Singapore has achieved a significant milestone by obtaining a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). In its recent international

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Taiwan releases crypto guidelines for local and global exchanges

contributor Posted: September 26, 2023 Offshore exchanges need to register with Taiwan’s financial regulator in order to operate in the country. Local crypto exchanges also need to take stringent measures in the light of these guidelines. Taiwan recently published the latest set of guidelines for crypto platforms to protect the interests of customers. As per

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