Binance Withdraws Abu Dhabi License Application
Binance has withdrawn its bid for an investment management license in Abu Dhabi, having deemed it unnecessary to the company’s “global needs.” On December 7, 2023, Reuters reported that cryptocurrency exchange Binance had chosen not to move forward with its application for a license in Abu Dhabi. Less than a year ago, the exchange submitted […]
Fidelity Lists FBTC Spot Bitcoin ETF on DTCC
Fidelity Investments achieved a milestone by listing its spot Bitcoin ETF, FBTC, on the Depository Trust and Clearing Corporation (DTCC). The clearinghouse for transactions, DTCC, listed the spot Bitcoin ETF. NASDAQ offers post-trade clearing, settlement, custody, and information services for stocks, ETFs, and other products. According to Bloomberg Intelligence analyst Eric Balchunas on X (previously […]
Taiwan Central Bank Concludes Wholesale CBDC Study
The Central Bank of Taiwan has concluded a feasibility study regarding introducing wholesale central bank digital currency (CBDC) and is further deliberating on the matter. The central bank will continue to work on platform design while soliciting input from academicians and business professionals, Deputy Governor Mei-lie Chu stated on December 7. Chu described Banking 4.0, […]
OKX Overtakes OpenSea in NFT Trading Volume
DappRadar data indicates that the OKX NFT marketplace outperformed OpenSea regarding trade volume, securing a 32% domination in the NFT industry. DappRadar compiled the best platforms for trading digital collectibles, which distributed the most liquidity in November 2023, in a blog post on December 7, 2022. The statistics showed that the Blur marketplace was the […]
MetaMask Forms Alliances in Six Countries, Expands Global Reach
MetaMask expands its global reach with significant alliances in Vietnam, the Philippines, Indonesia, Thailand, Egypt, and Chile. The well-known software cryptocurrency wallet MetaMask announced new collaborations in Vietnam, the Philippines, Indonesia, Thailand, Egypt, and Chile in a post on X on December 8. MetaMask is collaborating with the following companies: Thai QR in Thailand, GCash […]