Bybit Receives Georgian VASP License
After being approved in the Netherlands and Kazakhstan, Bybit has been granted another VASP license. As part of its ongoing efforts to comply with international regulations, cryptocurrency exchange Bybit has secured a Virtual Asset Service Provider license from Georgia’s National Bank. The exchange said in a press release on November 5 that its Georgian registration […]
Bitcoin-Based exSat Network Launches Staking Services
Less than two weeks after the mainnet debut, exSat Network, a Bitcoin network scaling solution, has introduced staking services. In an effort to generate “new financial opportunities,” Singapore-based scaling firm exSat Network is introducing staking services for Bitcoin owners. The exSat Network team stated in a press release on Nov. 5 that the new solution, […]
SynFutures Launches Perp Launchpad with $1m Grant
The Perp Launchpad, a decentralized derivatives trading platform from SynFutures, was introduced to assist cryptocurrency projects in creating everlasting futures markets. According to a press release from SynFutures, the platform aims to expand trading access for lesser-known tokens, giving users additional chances to interact with various digital assets. This launchpad is unique in that it […]
TON Accelerator Launches Cross-Chain Product Growth Initiative
A new initiative has been introduced by TON Accelerator to speed up innovation and acceptance inside the TON ecosystem. The TON Accelerator team announced on November 4 that a $5 million initiative has begun, providing strategic support to selected enterprises as they develop on the TON blockchain. Mantle EcoFund and TON Ventures are supporting the […]
Pakistan Proposes Amendments to Legalize Cryptocurrency
The State Bank of Pakistan has established a legislative framework to acknowledge digital assets, such as cryptocurrencies, as legitimate forms of money. The initiative, if accepted, would enable the SBP to launch a digital currency, which could eventually lead to Pakistan’s central bank issuing a digital currency. According to the Tribune, the SBP suggested changes […]