Alchemy Pay Integrates with Scroll Network
Alchemy Pay, a well-known fiat-crypto payment processing solution, expands support by integrating with Scroll. Users can obtain and utilize USDT and USDC on Scroll through Alchemy Pay, which uses zero-knowledge technology and is interoperable with the Ethereum Virtual Machine (EVM). The integration of international clientele and the resolution of issues in decentralized finance (DeFi) are […]
Tether Invests over $18m in Cross-Border Exchange Startup XREX
Tether has contributed $18.75 million to the cross-border payments firm XREX to enhance the use cases of USDT-based payments in developing nations. In order to increase the amount of stablecoin cross-border business-to-business (B2B) payments made in emerging economies, Tether, the company that issues the USDT stablecoin, has contributed close to $19 million to XREX, a […]
Argentina Introduces National Registry for Crypto Exchanges
Argentina is implementing a national registration for cryptocurrency exchanges to maintain market integrity, indicating tighter control over the rapidly growing industry. According to a government notification, the Virtual Asset Service Provider (VASP) registry has been created by the National Securities Commission (CNV) of Argentina, and approximately one hundred individuals and legal entities have applied. New […]
SEC Chair Gary Gensler Hints at Delay on Spot Ether ETFs
Gary Gensler has suggested that there might be a delay over final approvals for asset managers offering spot Ether ETFs on exchanges. Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), has proposed that there may be a delay in the ultimate approval process for asset managers that offer spot Ether […]
Marathon Digital Sells Over 60% of Its Post-Halving Bitcoin
Mining firm Marathon Digital has sold over 60% of all Bitcoin (BTC) it has mined since the halving took place in late April. Marathon’s monthly report indicates that it sold 390 Bitcoin BTC in May, which accounts for over 63% of its 616 BTC production volume for the month. Marathon’s balance sheet contained $290.4 million […]