VALR Exchange Receives Dual Crypto Licenses in South Africa
The South African Financial Sector Conduct Authority (FSCA) has issued two new crypto asset service provider (CASP) Licenses to crypto exchange VALR. The FSCA granted VALR Category I and II CASP licenses in addition to the $55 million in equity funding it received from Pantera Capital, Coinbase Ventures, and others. With the acquisition of both […]
Norway Passes New Legislations For Data Centers
Following concerns about greenhouse emissions related to Bitcoin mining, Norway has recently enacted new legislation about data centers. The new legislation will require official registration of all national data centers. This registration will encompass particulars regarding the proprietors and leaders of the centers and the digital services they provide. Norway shall mark the inaugural European […]
OKX Adds Support For WIF, MEW Spot Trading
OKX exchange lists prominent Solana-based memecoins, including Dogwifhat (WIF) and Cat in a Dog’s World (MEW). The exchange’s announcement on X states that spot trading for WIF and MEW has commenced officially on OKX. OKX customers can now begin trading memecoins against the Tether stablecoin by depositing WIF and MEW tokens onto the exchange. The […]
Samsung Secures Grant to Expand Texas Chip Facility
The United States government will award Samsung $6.4 billion in grants to expand its semiconductor chip manufacturing operations in Texas. In an overarching endeavor to enhance semiconductor manufacturing in the United States, the South Korean manufacturing conglomerate obtained the grants. The 2022 Chips and Science Act, which seeks to increase semiconductor production for the automotive, […]
Germany’s Largest Federal Bank To Offer Crypto Custody Services
The Landesbank Baden-Württemberg, the largest federal bank in Germany, will reportedly start providing cryptocurrency custody solutions in the second half of 2024. In collaboration with Bitpanda, an Austrian cryptocurrency exchange, the bank will deliver crypto custody services to institutional customers. Managing director of corporate banking at Landesbank Baden-Württemberg, Jürgen Harengel, told Bloomberg that the German […]