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Ripple’s Continued Partnership with NYU Abu Dhabi for Blockchain Excellence

With the official renewal of their collaboration, Ripple and NYU Abu Dhabi have demonstrated their ongoing support for blockchain-related research and teaching efforts. Through this partnership, blockchain technology will be more widely adopted in the UAE, and innovative practices will be encouraged, leading to the acceptance of digital assets. Ripple is advancing academic research and […]

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Russia’s Central Bank Plans Crypto Trading for Qualified Investors

The proposed legal changes by Russia’s central bank would allow a new class of “particularly qualified investors” to trade cryptocurrencies, potentially revolutionising the country’s financial sector. This calculated action, which aligns with worldwide trends towards financial digitalisation and might strengthen Russia’s standing in the global financial market, represents a substantial shift in the nation’s stance […]

Blockchain News

Turkey’s Crypto Surge & Market Growth

The state of cryptocurrencies in Turkey is changing dramatically as interest from both local and international players is growing. Major international exchanges like Coinbase, KuCoin, and Gate.io are fighting for operating licenses as the nation improves its regulatory structure to give more evident standards; this represents a substantial rise from 47 to 76 applications. Turkey […]

Blockchain News

Russia to Launch International Crypto Payment System by Year-End

Russia is ready to make a contribution to international finance by launching its first international cryptocurrency payment before the end of this year. Elvira Nabiullina, Chairwoman of the Russian Central Bank, delivered this ground-breaking pronouncement on July 30, 2024. This program is part of Russia’s larger goal of using digital currencies, specifically the digital ruble, […]

Blockchain News

OKX Launches Pre-Market Futures for Upcoming Token Trading

OKX has launched its new Pre-Market Futures product, allowing consumers to trade futures contracts for forthcoming tokens before their public offers. This revolutionary device will enable customers to engage in early market trading with up to 2x leverage and has an easy-to-use interface. The first cryptocurrency accessible for Pre-Market Futures trading is the HMSTR token […]

Blockchain News

Turkey’s Advancements in Cryptocurrency Tax Legislation

Turkey’s Treasury and Finance Minister Mehmet Şimşek plans to implement a cryptocurrency tax, signalling a significant shift in the country’s financial landscape. This legislative action comes amid a boom in capital inflows, partly due to Moody’s enhanced outlook following Turkey’s removal from the Financial Action Task Force (FATF) grey list. The new tax plan seeks […]

Blockchain News

South Korea’s ETF Caution: Economic Risks and Future Prospects

The Korea Institute of Finance (KIF) recently strongly warned against the probable introduction of Bitcoin and Ethereum exchange-traded funds (ETFs) in South Korea. The research highlights serious worries, claiming that such financial instruments could harm the local economy and increase market risks. KIF’s conservative approach emphasises the importance of carefully evaluating the potential consequences of […]

Blockchain News

ASX Greenlights First Spot Bitcoin ETF

The Australian Securities Exchange (ASX) has approved the first spot Bitcoin exchange-traded fund (ETF). The ETF, to be launched by investment firm VanEck under the moniker VanEck Bitcoin ETF (VBTC), represents a significant step forward in the accessibility of Bitcoin investments via traditional financial channels. This approval, set to begin trading on June 20, 2024, […]

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$215 Million Boost: ARB Foundation’s Big Bet on Gaming Innovation through Arbitrum

The ARB Foundation has approved a $215 million funding campaign to support gaming companies on the Ethereum rollup-based Layer 2 network, Arbitrum. The issue of 225 million ARB tokens will power the newly created Gaming Catalyst Programme (GCP), supporting growth within the thriving developer and player ecosystem. This intelligent step will likely strengthen Arbitrum’s position […]

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The Sandbox DAO & Community Governance

The Sandbox, a decentralised gaming platform, has made a massive step towards community empowerment by launching The Sandbox DAO. This decentralised autonomous organisation (DAO) seeks to give the game’s users, who own its native currency, SAND, and LAND non-fungible tokens (NFTs), the capacity to influence platform development and management. By allowing users to vote on […]

Blockchain News

Grayscale Bitcoin Trust ETF’s Turnaround: $63M Inflow Ends 11-Week Decline

Following eleven weeks of persistent outflows, the Grayscale Bitcoin Trust ETF (GBTC) has reversed its fortunes, attracting a significant $63 million inflows. This is a watershed moment for GBTC, which has faced stiff competition from newer spot Bitcoin ETFs. The inflow is a rare positive shift in investor sentiment and capital movement, offering a significant […]

Blockchain News

Robinhood’s SEC Challenge Over Crypto Trading

The US Securities and Exchange Commission (SEC) recently issued a procedural “Wells notice” to Robinhood Markets, indicating that the company may face enforcement action for its cryptocurrency trading activity. This notification, sent on May 4, does not imply any misconduct by Robinhood but indicates the SEC’s willingness to pursue legal action potentially. This incident adds […]

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