The South African Reserve Bank, also known as SARB, primarily regulates South Africa’s financial markets. Abbreviation for South African Reserve Bank. SARB issues banking licenses, supervises the sector and implements rules where necessary. To do this, it is important to understand the financial markets. Basically, it is a market where traders can buy and sell financial products for investment purposes. This includes stocks, bonds, international currencies, etc. South African financial markets, or any financial market for that matter, become stagnant if they do not move over time. This highlights the importance of embracing innovation and advancements in the industry. FXView’s…
Author: Crypto Flexs
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Lost money to a crypto or trading scam? Read this first: UK BASED – If your losses exceed £10,000 then Wealth Recovery Solicitors might be able to help. WRS is partnered with the National Crime Agency and has helped dozens of clients retrieve substantial sums. >> VISIT WRS USA/AUSTRALIA/CANADA – If your losses exceed $10,500 then contact Cybertrace. Cybertrace are a team of investigators specialising in cryptocurrency scams and tracing using custom AI tools. >> VISIT CYBERTRACEDailyUSDTMiner is a scam platform that claims to provide cloud-based Tether mining services.There were huge red flags from the beginning. The Tether stablecoin cryptocurrency…
Web3 protocol Blast has reached $823 million in total value locked (TVL) in the weeks since its controversial launch in mid-November, with a return of 26.5% in the past seven days, according to data from DefiLlama. . Behind Blast’s rapid growth is a unique business model. This protocol is a scaling solution for the Ethereum network and provides a default rate of return to users who stake their funds. Users who stake are promised a 4% return on Ether (ETH) and a 5% return on stablecoins.However, the emergence of the protocol was marked by challenges and unpopular developments. November 30th,…
Evacuation is imminent. tl;dr Shanghai+Capella (aka Shapella) is coming soon. Stakers, node operators, infrastructure providers – pay attention and test!that much Academic Grant Round It’s live! The application deadline is February 27, 2023. Chapella on the horizon 🌅 After much testing and development, the Shanghai+Capella (Shapella) mainnet upgrade is moving to the final pre-launch sequence: public testnet! that much Zhejiang testnet It is live and allows stakers and users to test Shapella. today. And Sepalia, the first public testnet in a long time, will undergo an upgrade on February 28th. Shapella includes many features, but the most important one for…
Posted 1 minute ago In ~ Asset management giant Fidelity held a meeting with the Securities and Exchange Commission on December 7 regarding its proposed spot Bitcoin ETF, according to a memo posted on the regulator’s website. Fidelity provided a presentation to regulators titled “bitcoin BTC +2.60% ETF Workflow’ with slides detailing the “cash” generation and redemption model. “Arbitrage and hedging are more efficient with physical generation,” the presentation said. “Self-liquidating ETF market-making firms can act as agency APs for non-self-liquidating ETF market-making firms along with their cryptocurrency affiliates to facilitate efficient arbitrage. Allowing physical creation and redemption increases trading…
The price of BLUR fell by almost 10% on December 7th. This is due to increased selling by token whales and institutional investors. The price of BLUR experienced a significant decline during the trading session on December 7, plummeting nearly 10% in one day. According to on-chain detective Lookonchain, the sharp drop in altcoin values is due to a surge in selling activity by BLUR whales and institutional investors. On this day, they cumulatively distributed 16.85 million tokens worth about $8 million. 1/ Price $BLUR It’s down about 8% today and I noticed a lot of whales/institutions selling. $BLURTotal 16.85…
We are very excited to announce that. PYTH Network (PYTH) Now available on Kraken! Funding and Transactions PYTH funding and trading occurs in real time. Add PYTH to your Kraken account by going to: fundingSelect an asset and tap deposit. Deposit PYTH only on Solana. Deposits made using other networks will be lost. Do you have a PYTH and Kraken account? ⤵️ PYTH is tradable on Kraken and Kraken Pro using the following parameters: LegacypairPrice decimal precisionMinimum order sizeMinimum deposit amountpieceUS Dollar, Eurothree1015 memo: Once liquidity conditions are met, trading will become available through the Kraken app and Instant Buy.…
Switzerland’s BBVA will move its cryptocurrency custody services to Metaco’s Harmonize platform. We also plan to expand our cryptocurrency trading services beyond Bitcoin and Ethereum. Ripple acquired Swiss-based Metaco in May 2023. Switzerland’s BBVA, the Swiss subsidiary of Spanish banking giant BBVA, announced on Thursday a partnership with blockchain platform Metaco. Through this collaboration, BBVA will use Metaco’s Harmonize platform to host cryptocurrency custody services. This will help the bank launch a new chapter in its cryptocurrency strategy and expand its presence as demand from institutional clients grows. BBVA expands trading beyond BTC ETH Metaco, a Swiss-based digital asset management…
MetaMask is expanding its global presence with key partnerships in Vietnam, Philippines, Indonesia, Thailand, Egypt, and Chile. In a post by X on December 8, MetaMask, a well-known software cryptocurrency wallet, revealed new partnerships in Vietnam, Philippines, Indonesia, Thailand, Egypt, and Chile. As stated in the announcement, MetaMask is working with VietQR and Mobile Money in Vietnam, GCash in the Philippines, QRIS in Indonesia, Thai QR in Thailand, Vodafone Cash in Egypt, and Webpay in Chile. This collaboration provides users with localized options. We have partnered with: @Unlimit_com and @getTransFi We support more payment methods in more regions.Web3 is global,…
The government of El Salvador has announced a visa program that will provide passports and green cards to foreigners who invest $1 million in Bitcoin or Tether in the small Central American country.According to a government webpage, the ‘Freedom Visa’ program is for high net worth individuals or investors who wish to engage in ‘commitment to building the nation of the future’.Salvadoran President Nayib Bukele also posted the announcement on X (formerly Twitter) on Thursday. The program is in partnership with Tether, the company that developed the stablecoin USDT.The government website says: “El Salvador has been reborn as a land…