The city of Hong Kong is serious about crypto. After three years of struggles with COVID-19, the city is vibrant and flourishing again as business executives and tourists of all kinds pour back into Asia’s financial center. New guidelines from the Securities and Futures Commission are paving the way. Since Hong Kong FinTech Week last…
According to MIDAO CEO Adam Miller, the amended law is the “most comprehensive law for DAOs globally”, and it has the potential to become a “blueprint for the rest of the world for regulating DAOs”. The Marshall Islands has been a popular territory for DAO establishment since 2022 when the government passed the law titled ‘Decentralized Autonomous…
halbergman I thought that 2023 was going to be a rough year for transportation providers given high inventories and excess capacity exiting 2022, but this year has developed even worse than I expected, as demand has continued to underwhelm and marginal capacity providers have stubbornly tried to hang on despite loss-making rates. What all of…
When Musk took over the social media giant last year, he revealed his plans to make the platform an everything app, offering users opportunities to “send money anywhere in the world instantly in real-time.” Elon Musk, the visionary entrepreneur and CEO of Tesla Inc (NASDAQ: TSLA) and SpaceX, is spearheading a groundbreaking initiative that aims…
Coinbase is looking to expand its footprint in Europe amid more crypto-friendly MiCA laws that will allow it to operate in all 27 EU states under a single license. In a major move, crypto exchange Coinbase Glonal Inc (NASDAQ: COIN) has decided that it will select Ireland as its regulatory hub in the entire EU…
Asia is getting filled with a growing number of blockchain enthusiasts, while the rest of the world is waiting for crypto winter to start. It seems that Asia might become the next crypto hub, with the adoption of digital assets gaining momentum. Central and southern Asia are the leading regions establishing themselves as key players in…
Today on day two of Bitcoin Amsterdam 2023, the President of Madeira Miguel Albuquerque, alongside Prince Filip of Serbia in a fireside chat, announced the creation of a Bitcoin business hub in the region to foster innovation. “Last night you showed me the picture of what will be the new Bitcoin business hub,” said Prince Filip. “The…
Circle emphasized that Circle Account and Circle APIs will exclusively facilitate the use of Polkadot USDC, natively issued within the Polkadot Asset Hub. Circle’s native stablecoin USDC, also the second-largest stablecoin by market cap, is now gearing up for a launch on the Polkadot blockchain, as it continues to expand across different blockchain platforms. On…
While PayPal’s new crypto service allows users to explore the crypto industry, access to this innovative feature has been restricted in certain jurisdictions and for specific individuals. Leading American payment company PayPal has taken another step into the digital asset industry with the launch of its Cryptocurrencies Hub. This feature allows users to interact with…
Elon Musk aims to make the X platform “the biggest financial institution in the world”. Therefore, his focus now is on integrating financial services inside the X app. Elon Musk is reportedly looking for a financial data company to partner with X social media platform, formerly known as Twitter, and create a stock trading service…