Chinese regulators holds meeting to promote blockchain in the securities industry
As part of China’s 14th five-year plan, officials gathered in Beijing to discuss ways to advance blockchain technology development. In Beijing, regulators from China , including the Securities Association of China (SAC) and the China Securities Regulatory Commission (CSRC), came together to explore how blockchain technology can be used in the securities business and how […]
Three Arrows Capital launch new NFT fund, Starry Night Capital
NFTs are expected to be the focus of the new fund, Starry Night Capital, which wants to invest exclusively in those that are “the most sought after.” Executives from Singapore -based fund management Three Arrows Capital (3AC) have developed an art fund that would gather premium digital art in the form of nonfungible tokens, according […]
El Salvadorean retirees demonstrate against the use of Bitcoin
Former military personnel in El Salvador are concerned that the government may begin paying their pensions in Bitcoin rather than the United States dollar. Salvadorans flocked to the streets in early September to demonstrate their opposition to the country’s acceptance of Bitcoin (BTC) as its official currency, while the country’s Bitcoin (BTC) law was being […]
Several leading DeFi projects launch a $100 million worldwide adoption initiative
The DeFi program, which is based on the Celo ecosystem, was launched in response to the lack of inclusion and accessibility in the traditional financial markets, which it recognized. A consortium of major decentralized finance (DeFi) protocols today launched a joint $100 million financial inclusion endeavor named “DeFi for the People.” The initiative is the […]
Bittrex Global CEO says Dubai will benefit from expanding crypto market
A report by the CEO of the cryptocurrency exchange Bittrex Global claims that the United Arab Emirates (UAE) and Dubai are among the most welcoming jurisdictions for the cryptocurrency business. According to Bittrex Global CEO Stephen Stonberg, who spoke with Bloomberg on August 29, the growing cryptocurrency sector in the Middle East will help Dubai […]