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Circle’s Singapore affiliate, Circle Internet Singapore, has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Circle Singapore received in-principle MPI approval from MAS in November and opened its office in the city-state in May.An MPI license allows Circle to offer digital payment token services
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“I suspect we will see more and more moves like this,” Andrew Lawrence, co-founder and CEO of Censo Inc., an on-chain custody solution said. “Yes, the U.S. is the biggest market, but people who are building in the crypto industry are doing so not because of the size of the
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Bitcoin “consolidation” could end by July, new research predicts as optimism over a BTC price breakout returns.In its latest market update on June 2, trading firm QCP Capital revealed a bullish bias on both Bitcoin (BTC) and the largest altcoin, Ether (ETH).QCP Capital: Bitcoin consolidation “played out perfectly”Bitcoin price has been ranging
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Major crypto derivatives exchange Bybit has decided to cease offering its products and services to customers in Canada, with the company stating that it would leave the Canadian market. Bybit informed new and existing users in Canada
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Australian crypto exchange TrigonX is the latest revival story to come out of the FTX collapse, with the exchange set to relaunch after it collapsed in December with debts exceeding $50 million.According to company director Matteo Salerno, TrigonX is earmarked for revival after a deed of company arrangement was approved
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The recent US debt ceiling deal has struck out the previous crypto tax bill proposed by the Biden administration. Congressman Warren Davidson has confirmed that the recent US debt ceiling deal blocks a potentially pivotal crypto tax bill proposed by the Biden administration. Davidson’s confirmation came as a response to a tweet by Bitcoin advocate and Riot
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Bitcoin was recently trading at about $26,440, off roughly 3% over the past 24 hours and near its lowest level since May 12 when the largest cryptocurrency by market capitalization dipped below $26,000. In this period, BTC has been slogging through low trading volume and volatility as markets wrestle with
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Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dogecoin, one of the top meme coins in the cryptocurrency market, has experienced a significant rise in price thanks to “dogefather,” Elon Musk’s response to a dog-themed tweet. Elon Musk is at it again Elon Musk, known for
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Observers believe Wednesday’s XRP price pump indicates that Ripple has the upper hand in its ongoing litigation with the SEC. Ripple native token XRP recently experienced an 8% price pump following a seemingly ‘favorable’ court ruling. The digital currency’s jump came after the presiding judge in the long-drawn-out Ripple vs SEC case denied
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