Tether Holdings Surpass Insured Deposits In Many U.S. Banks
Tether has reported more than $50 Billion in circulation. This is more than the insured deposits in most U.S. banks.Tether is a crypto stablecoin pegged to the U.S. Dollar. This is an excellent record for the token, given that it is
Visa Says Platform Embracing Crypto In ‘Very Big Way’
Ternio Blockcard Visa CEO has stated that one of the leading payment platforms is hugely shifting towards cryptocurrencies. He outlined 5 key areas that Visa can explore to achieve this. Visa, one of the leading payments giants, has embraced cryptocurrencies in
Turkish Regulators Force Crypto Exchanges To KYC
Turkey's crypto industry is facing new regulations expected to begin this month. Crypto exchanges will now have to monitor customer information more. The Turkish government is making new moves to ensure that crypto exchanges in the country step up to enforce
mStable Deploys on Polygon
mStable has gone live on Polygon by launching a savings account, stablecoin, and swap services. mStable is looking towards exploiting the layer two solution from Polygon that will reduce fees for DeFi users. mStable, a DeFi yield protocol, has launched on
Chinese Banks Prioritize Digital Yuan
Top Chinese banks are prioritizing the digital Yuan over local payment platforms such as WeChat Pay and Alipay. The banks are doing this ahead of the online shopping festival in China starting today. In an analysis report by Reuters, six of
Stock Token Trading for Apple, MicroStrategy & Microsoft on Binance
BinanceUS - Buy & Sell Crypto Binance has expanded its stock token trading by adding three stock token listings for Apple, MicroStrategy and Microsoft. The tokens can be traded during regular trading hours and can only be traded against BUSD. Binance, a
Deutsche Boerse Reverses Decision To Delist Coinbase
UPDATE: Since the reporting of this article Deutsche Boerse has reversed their decision to delist Coinbase. This announcement followed Coinbase providing the requested reference code – a so called LEI Code. Coinbase - Buy & Sell Bitcoin Coinbase became a victim after
IBM Partners With IPwe To Convert Patents To NFTs
IBM is collaborating with IPwe to convert its patents into NFTs. This partnership will be the latest move of IBM towards embracing blockchain. IBM is constantly seeking ways that blockchain can be implemented in business processes. IBM had earlier launched a
China Ranks Third in Development of CBDC
Mainland China has ranked third after Bahamas and Cambodia on the development of Central Bank Digital Currencies (CBDC). This comes at a time when central banks are looking to digital currencies to transform their economies. Mainland China has come in third
AXA Starts Accepting Bitcoin Payments
AXA, the largest insurer in Switzerland, has started accepting payments from private customers in the form of Bitcoin. People can start making payments in Bitcoin for insurance premiums for non-life insurance products. AXA, the second-largest insurance company in Europe, has become