Anchorage Digital Receives BitLicense from New York
The New York State Department of Financial Services has approved Anchorage Digital’s BitLicense application, making it a top cryptocurrency platform for institutional clients. The license permits Anchorage Digital NY, LLC, a subsidiary of Anchorage Digital, to provide institutions in New York with regulated cryptocurrency trading services. Early 2025 is when full capabilities are anticipated to […]
Hedera Leverages Chainlink for Defi, RWA Developments
In order to boost the expansion of decentralized finance and tokenized real-world assets, Hedera has embraced Chainlink’s range of smart data products. On December 16, the Hedera team said that Chainlink’s Proof of Reserve and Data Feeds were operational on the Hedera mainnet. The integration seeks to support developers on the Hedera network by providing […]
Bitget Secures Bitcoin Service Provider License in El Salvador
Bitget declared that the Central Reserve Bank of El Salvador had granted them a license to operate as a Bitcoin service provider. With the license, Bitget is able to provide custody services, Bitcoin payments, and Bitcoin-to-fiat trades throughout the nation. Bitget can now provide Bitcoin-related services like purchasing, selling, storing, and transferring BTC thanks to […]
Lido to Cease Operations on Polygon Network
According to staking protocol, Lido, the sunsetting of its products will be on Polygon in the coming months. After a community vote and discussion in a DAO forum, the Lido Finance team declared on December 16 that it would shut down all activities on Polygon. The team claims that Lido DAO token holders discontinued Lido’s […]