Google Cloud Teams Up with Voltage to Boost Bitcoin Lightning Usage
Voltage, a Bitcoin Lightning infrastructure provider, has partnered with Google Cloud to expand its hosting capacity and locations worldwide and to facilitate faster and cheaper cross-border payments. By establishing payment channels between two parties, Bitcoin Lightning enables unlimited transactions that only require the first and last transaction to be recorded on the blockchain. Bitcoin Lightning […]
Crypto.com Gets Singapore License for DPT Services
Crypto.com has secured a Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS). This license will enable Crypto.com to continue offering its DPT services, including e-money issuance, account issuance, and money transfers, to customers in Singapore. MAS grants the MPI license as regulatory approval to provide payment services […]
UAE Central Bank Tightens AML Rules for Virtual Assets
The UAE Central Bank has issued new anti-money laundering and counter-terrorism financing guidelines for financial institutions that deal with virtual assets, such as cryptocurrencies and non-fungible tokens (NFTs). The new guidance aims to enhance the regulatory framework and combat money laundering and terrorist financing in the rapidly growing sector. Strengthening the Regulatory Framework The new […]
The QWAN Launches Gaming Token for Decentralized Economy
The QWAN Foundation introduces The QWAN, a gaming token that enables a global decentralized economy for all gamers, which will be listed on various exchanges today at 2:00 PM UTC. The QWAN Foundation, a non-profit organization that supports the development and innovation of blockchain technology in the gaming industry, has announced the launch of the […]
Hub71, WEMIX Join Forces to Boost Blockchain Startups
Hub71 and WEMIX have signed an MoU to create and accelerate growth opportunities for Web3 startups in the MENA region and beyond. Hub71 , Abu Dhabi’s global tech ecosystem, and WEMIX, a leading Korean blockchain developer, have announced a strategic partnership to advance the development and innovation of blockchain technology in the Middle East and […]