The approvals came after the Monetary Authority of Singapore issued two consultation papers that proposed to ease regulatory hurdles for digital asset service providers.
Paxos News
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The broker’s partnership with Paxos will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’ itBit exchange through Oanda’s mobile platform.
2352 - How to crypto
PAX Gold is a cryptocurrency and gold hybrid that bridges the gap between the two investment options. It offers the security and stability of cryptocurrencies.
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The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin.
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Argentina has been in a long-standing battle against rising inflation and a continued decline of the peso against the U.S. dollar.
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In addition to buying Bitcoin, Nubank will offer BTC and ETH investment services to its more than 50 million customers.
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The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia.
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A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill.
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The hearing, "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States," is the latest from Congress to explore the issues concerning crypto assets.
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The social media giant still intends to launch Novi along with its Diem payment network once regulatory approval is granted.
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DeFi blog Rekt claims that FTX failed to adhere to its own terms and conditions by imposing the fee.
12738 - Market Analysis
Crypto traders flocked to the safety of stablecoins during Tuesday’s market crash.
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Tether’s general counsel said a full audit is coming in months.
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In order to go beyond the crypto ecosystem, stablecoins need solid regulations, Paxos CEO Charles Cascarilla said.
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Joining the Paxos Settlement Service could allow many Bank of America customers to settle stock trades in minutes rather than days.
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