Tether, issuer of the most widely used stablecoin, will use up to 15% of its net realized operating profits to buy bitcoin in an effort "strengthen and diversify" the reserves that back USDT. … [Read more...] about Tether will invest up to 15% of its profits into bitcoin
The European Union approves crypto legal framework
European Union member-states inch forward to create a comprehensive crypto regulation … [Read more...] about The European Union approves crypto legal framework
S&P Global Report Looks At Links Between Crypto Markets And Macroeconomic Factors
Cryptocurrencies seem to be less correlated with macroeconomic factors than traditional financial assets. This is according to a report "Are crypto markets correlated with macroeconomic factors?" published May 9, 2023. … [Read more...] about S&P Global Report Looks At Links Between Crypto Markets And Macroeconomic Factors
PayPal’s crypto assets increased in Q1 2023 up to nearly $1 billion
Financial technology company PayPal recently revealed its cryptocurrency holdings in a quarterly report. … [Read more...] about PayPal’s crypto assets increased in Q1 2023 up to nearly $1 billion
Coinbase considers UAE as possible strategic hub
The company is exploring the UAE transformative potential of the cryptoeconomy … [Read more...] about Coinbase considers UAE as possible strategic hub
Binance will soon launch operations in Japan
Binance Japan will offer services after acquiring Sakura Exchange BitCoin … [Read more...] about Binance will soon launch operations in Japan
Hong Kong to introduce new rules for crypto exchange licensing
Hong Kong authorities make way to establish a crypto-friendly jurisdiction … [Read more...] about Hong Kong to introduce new rules for crypto exchange licensing
Binance sets a blockchain hub in Georgia
The platform will focus on educational projects and attracting new talents to the crypto industry … [Read more...] about Binance sets a blockchain hub in Georgia