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Author: Crypto Flexs
OKX has decided to discontinue Tether’s USDT trading pair within the EEA in line with the EU’s upcoming MiCA regulations. The EU’s Markets in Cryptocurrencies (MiCA) Regulations introduce several restrictions and obligations specifically targeting stablecoins and broader cryptocurrency service providers. The regulations do not specifically ban Tether (USDT), but impose strict requirements on stablecoin issuers, especially those deemed significant due to their size, user base, or market impact. This is why market leaders like OKX are removing USDT trading pairs from their platforms. . This strategic withdrawal comes ahead of the EU implementation of the Markets in Cryptocurrency Assets (MiCA)…
“Under the Registration Statement, the Sponsor may from time to time stake a portion of the Fund’s assets through one or more trusted staking providers, which may include affiliates of the Sponsor (“Staking Providers”),” Fidelity wrote. Form 19b-4 on Monday.
Preferences are increasing Shiva Buzz(BUDZ) over Shiba Inu (SHIB) marks a pivotal moment in the meme coin narrative. As investors flock to Shiba Budz (BUDZ) for its innovative features and potential returns, the message is clear. The future of meme coins depends on utility, innovation, and community engagement. For Shiba Inu (SHIB), adapting to these new realities is essential if they are to maintain their market position. Meanwhile, the broader memecoin ecosystem is on the brink of change, promising exciting developments for investors and enthusiasts alike. The appeal of Shiba Budz: Beyond the price tag Shiva Buzz(BUDZ) It quickly captured…
Cardano launched USDM, the first 1:1 fully fiat-backed stablecoin. The new entrant aims to gain a foothold in the highly competitive $146 billion stablecoin market, mainly dominated by giants Tether and Circle. This launch is an important moment for Cardano, especially after it has been struggling with delays in delivering its much-anticipated layer 2 solution, Hydra. Cardano’s New Stablecoin Despite Hydra Delay USDM’s architect, Mehen Finance, originally planned a launch in early 2023. However, the roadmap suffered a serious setback when a cryptocurrency-friendly bank unexpectedly closed. This disruption in the banking sector and the loss of our banking partner, Cross…
Posted 1 minute ago In ~ Bakkt, a once-promising darling of traditional finance as it entered the cryptocurrency world, has once again welcomed a new CEO. Andy Main, a board member who briefly served as CEO of advertising agency Ogilvy and held senior positions at Deloitte Digital, will lead Bakkt from March 26.“After just over three years in the role, current CEO Gavin Michael is “resigning to pursue other opportunities,” the company said in a press release. Bakkt added that Michael will “serve in an advisory role until March 2025” to help with the transition. Main, who joined the board…
Digital asset manager CoinShares said institutions poured a new weekly record of $2.9 billion into cryptocurrency investment products last week for the seventh straight week. CoinShares said in its latest Digital Asset Fund Flows report that annual inflows into cryptocurrency investment products have also reached new records. “Digital asset investment products saw record weekly inflows totaling $2.9 billion, surpassing the previous week’s all-time record of $2.7 billion. This week’s inflows bring annual inflows to US$13.2 billion, surpassing the US$10.6 billion inflows for all of 2021. During the week, global ETPs topped US$100 billion for the first time, but the weekend…
We’ve created new and unique features that you’ll love. I can’t wait to share it with you! Introducing Jackpotz Mania (JPM), a BitStarz innovation that gives you the chance to win Minor and Mega progressive jackpots not once, but twice every day. Jackpotz Mania is our way of adding value to your gaming experience every day. But this is not where the story ends. With JPM, you automatically enter monthly races and receive 1,000 prizes totaling $25,000. We’ll guide you through everything from mastering the Jackpotz Dollar and claiming Daily Jackpot Spins to understanding the different JPM Player Statuses and…
Telos launches Tekika airdrop campaign ahead of gaming sidechain launch – Chainwire housenewsroomTelos launches Tekika airdrop campaign ahead of gaming sidechain launch We use cookies to make your experience on Chainwire’s website better. Cookies help us provide you with a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage or access…
Speculation is rife about the possibility that the Bank of Japan will soon raise interest rates for the first time in 17 years. This is because Japan’s largest union declared its strongest wage proposal in 30 years. Afterwards, the yen fell slightly compared to the dollar. Cryptocurrency and international markets are expected to take center stage this week as major central banks including Japan, the United States, and Australia announce interest rate hike proposals. In this regard, the Bank of Japan (BOJ) will begin procedures for a two-day policy meeting. In Asian trading, MSCI Asia-Pacific indexes rose on the back…