Wednesday, December 6, 2023
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JPMorgan Chase and Apollo Executives Unveil Plans for Tokenized Enterprise Mainnet

JPMorgan’s managing director Tyrone Lobban noted that the new system has processed over $900 billion in assets since launch. Top executives from US-based financial services companies JPMorgan Chase and Apollo Global Management have revealed their plans for the tokenized enterprise mainnet, developed in collaboration with the Monetary Authority of Singapore (MAS). The

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Former Binance CEO CZ Sheds Light on Next Moves as He Plans to Invest Crypto in Biotech Research

Following his recent guilty plea and forthcoming sentencing, former Binance CEO Changpeng Zhao has outlined potential next steps, including crypto investments in biotech research. Changpeng Zhao announced his resignation as CEO of Binance after leading the cryptocurrency exchange since its inception. This news comes on the heels of a settlement with

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Japanese exchange plans to start digital securities trading on Dec. 25

Proprietary trading system operator Osaka Digital Exchange (ODX) is set to kickstart the trading of digital securities in Japan through security tokens issued by two real-estate firms to fill the demand for alternative assets. In an announcement, ODX said that its trading system for security tokens commences on Dec. 25. Ichigo

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DOGE Prices Surge as Company Plans to Send an Actual Dogecoin Token to Earth’s Moon

The same mission is also scheduled to carry a physical bitcoin token in an initiative planned by crypto exchange BitMEX, which was announced in May. It will also carry a copy of the Genesis Block, the first block of bitcoin (BTC) to be mined, commissioned by Bitcoin Magazine. Source

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Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

The in-principle approval for a new Paxos Digital Singapore Pte. Ltd. entity from the Monetary Authority of Singapore allows the firm to offer its services to customers under the Payments Services Act (PSA) while awaiting full approval, the statement said. Upon receiving full approval to conduct business in Singapore, Paxos

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Bitget drops plans to seek crypto license in Hong Kong

Cryptocurrency trading platform Bitget has dropped plans to obtain a Virtual Asset Trading Platform (VATP) license in Hong Kong, citing business and market-related considerations.Bitget officially announced on Nov. 13 that its Hong Kong division, BitgetX, accessible by the domain BitgetX.hk, will cease operations by Dec. 13, 2023.As Bitget decided not

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Bithumb plans to be first crypto exchange listed on Korea stock market: Report

Crypto exchange Bithumb plans to become the first digital asset company to go public on the South Korean stock market. Local news outlet Edaily reported on Nov. 12 that Bithumb is getting ready for an initial public offering (IPO) on the KOSDAQ — South Korea’s version of the United States Nasdaq

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