Updated FATF Guidelines on Crypto, Defi, and NFTs are now available
The Financial Action Task Force (FATF), a worldwide anti-money laundering watchdog, has modified its crypto market standards. The final recommendations improve on the draft guidelines provided earlier and provide additional clarity. The guidelines place a particular emphasis on how authorities should approach new markets like NFT and Defi. “Countries should not apply their definition based […]
Ankr launches a $10 million fund to boost the growth of DeFi and Web3
The protocol for the blockchain Ankr V2, a decentralized web service (DWS) gateway for Web3 development, was released today, allowing developers to create multi-chain systems, goods, and services. Ankr also stated that over the next two years, it will give more than $10 million in grants to support the development of a distributed supercomputer and […]
Nasdaq Dubai approves the listing of a $200 million ‘Bitcoin Fund’
The Bitcoin Fund, the Middle East’s first publicly traded digital asset-based fund, has acquired authorisation from the Dubai Financial Services Authority (DFSA) for its At-the-Market program on Nasdaq Dubai, which will begin trading on the exchange in the coming weeks. Having received regulatory permission for the offering, The Bitcoin Fund is now in a position […]
Shiba Inu (SHIB), the second most popular meme coin hits $0.0000594
The Shiba Inu coin continues to rise as its supporters hope that the Robinhood app will soon include SHIB. According to CoinMarketCap, the coin has gained 36% in the last 24 hours. As of this morning, SHIB , the second-most popular meme cryptocurrency, had hit its third straight lifetime high of $0.0000594, surpassing the previous […]
DBS Bank of Singapore becomes the newest member of the Hedera Governing Council
DBS Bank, one of Singapore’s largest financial organizations, joined the Hedera Governing Council on Wednesday, October 27. DBS Bank will join a group of other firms tasked with accelerating the expansion of the Hedera network as a result of this. The Hedera Governing Council includes some of the most powerful figures in the digital, corporate, […]