Voyager Digital Threatens Three Arrows Capital Over $661 Million Loan Default
Voyager Digital stated on Wednesday that it might be necessary to send a default notice to troubled hedge fund Three Arrows Capital (3AC) about its outstanding debts. According to Voyager, its current exposure to 3AC is made up of 15,250 Bitcoin ($311 million) and $350 million worth of USDC. The firm had first asked for […]
Roxe Holding aims at public listing on Nasdaq via $3.6B merger
Roxe Holding Inc., a blockchain-based payments company has entered an agreement with Goldenstone Acquisition Ltd., a special-purpose acquisition company (SPAC), through which it aims to go public on Nasdaq. According to the announcement made on Wednesday, the SPAC and the international blockchain payments company have reached an agreement to merge. Roxe will be listed on […]
Monetary Authority of Singapore grants Crypto.com in-principle license
The Monetary Authority of Singapore (MAS) has given crypto exchange Crypto.com preliminary clearance for its Major Payment Institution License, this will enable the platform to offer several payment services across the nation. The clearance from MAS, which is required for providing the Digital Payment Token services within the parameters of Singapore’s Payment Services Act, was […]
Trust Wallet, Binance Connect partner to add crypto buying option
Binance exchange’s Trust Wallet, a self-custodial cryptocurrency wallet, has concluded a significant integration with Binance Connect to allow buying more than 200 digital assets with 40 fiat currencies. The Trust Wallet platform has incorporated Binance Connect, the company’s official fiat-to-crypto supplier, enabling customers to buy more than 200 cryptocurrencies directly using credit or debit cards […]
European Central Bank (ECB) head calls for framework to regulate crypto lending
Christine Lagarde, president of the European Central Bank (ECB), expressed her belief that there needs to be more monitoring placed on this area of the cryptocurrency lending market. Christine Lagarde discussed the rising lending and staking of crypto-assets during her evidence before the European Parliament on Monday, June 20. She also discussed the impending inflation […]