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Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub

It’s been another week of mixed developments in the crypto industry, with established players winding down operations while newcomers introduce new crypto features and services. Binance’s buy-and-sell crypto arm was shut down on Aug.16, with the crypto exchange remaining under widespread regulatory scrutiny, affecting key partnerships for its operations worldwide. Crypto

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PayPal to roll out Cryptocurrencies Hub for select users

Payments giant PayPal, which recently launched the dollar-backed stablecoin PayPal USD (PYUSD), updated its terms and conditions to introduce Cryptocurrencies Hub — a feature that allows users to hold and interact with Bitcoin (BTC) and cryptocurrencies in their PayPal account.The latest PayPal terms and conditions detail the prerequisites for crypto

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Shanghai plans blockchain infrastructure hub to link with Hong Kong, Singapore by 2025

Shanghai, China’s biggest city and financial center, plans to build a blockchain infrastructure by the end of 2025 and establish links with Hong Kong and Singapore for application in fields such as digital assets, transportation, industrial internet-of-things, supply chain finance, and carbon management, according to a government report issued on

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Shanghai to integrate blockchain as Hong Kong becomes crypto hub 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied China’s Shanghai has released guidelines for integrating and promoting innovative technologies like blockchain, the metaverse, and digital yuan. The Chinese government has outlawed bitcoin (BTC) and other digital assets. Still, it recognizes the potential of blockchain technology.

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