Dubai Cryptocurrency Regulator set up an office in the metaverse

Cryptocurrency NewsBy 10/05/2022

The Dubai Virtual Assets Regulatory Authority (VARA), amid the popularity of the presence of large corporations in the metaverse, has opened a representative office in the virtual world of The Sandbox. VARA representatives explained that the headquarters in the virtual space will allow to offer services and provide a platform for interaction between market participants, from virtual asset service providers (VASPs) to influential industry representatives and regulators from around the world. With its office in…

Google Cloud Forms Web3 Development Team

Cryptocurrency NewsBy 10/05/2022

Following the creation of a blockchain team, Google is forming a Web3 development team to provide companies with the tools to interact with new technologies. According to CNBC, Google Cloud VP Amit Zavery sent a letter to his team declaring his intention to make Google Cloud Platform the best choice for Web3 developers. Google Cloud is a set of various cloud services that are associated with all the company’s projects. Although the Web3 market is…

Luna Foundation bought bitcoins worth $1.5 billion

Cryptocurrency NewsBy 09/05/2022

The non-profit organization Luna Foundation, associated with the cryptocurrency project Terra Luna, continues to purchase bitcoins. Yesterday, May 5, 37,863 BTC were purchased to secure the UST stablecoin. As part of another Bitcoin purchase, the Luna Foundation acquired $1 billion worth of BTC through over-the-counter transactions through Genesis Trading, according to CNBC. For this, she used UST stablecoins. Another $500 million worth of bitcoin was purchased from the investment firm Three Arrows Capital. The Luna…

Robin Hood offered clients trusts for bitcoin and ether

Cryptocurrency NewsBy 09/05/2022

The Robinhood financial platform has made available to users cryptocurrency investment products from Grayscale. Robinhood announced that it has registered two investment products Bitcoin Trust (GBTC) and Ethereum Trust (ETHE). Robinhood customers can now access Bitcoin and Ethereum-based cryptocurrency investment products without actually owning digital currencies. Investment company Grayscale takes care of the storage of these products in exchange for a commission, and buyers receive a “share in bitcoins or ethers.” The founder and CEO…

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency NewsBy 08/05/2022

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Opera will give users access to a BNB Chain-based DApp

Cryptocurrency NewsBy 06/05/2022

Opera browser users will have access to decentralized exchanges and applications based on BNB Chain for iOS, Android and the desktop version of Crypto Browser. The developers of the Opera browser announced the integration of the decentralized BNB Chain ecosystem, formerly known as Binance Smart Chain. Thanks to this, 350 million Opera users will be able to purchase BNB for fiat currencies, as well as send and receive a crypto asset through a wallet built…

ECB: ‘digital euro should be transparent, not anonymous’

Cryptocurrency NewsBy 06/05/2022

The European Central Bank has said it does not maintain a high level of privacy for the digital euro. One of the priorities of the regulator is to increase the transparency of the digital euro. According to a presentation published by the European Central Bank (ECB), it is important for future users of the digital euro to have control over their personal data and be sure that it is kept private. However, the regulator notes…

The Bank of the Princes of Liechtenstein has opened access to crypto investments for clients

Cryptocurrency NewsBy 05/05/2022

Part of the world’s largest family-owned private banking group, LGT Bank, with the support of the Swiss bank SEBA, has launched a cryptocurrency investment program. The LGT Group is owned by the Princely House of Liechtenstein. The bank announced the conclusion of a partnership agreement with SEBA, the condition of which will be “acting as a cryptocurrency broker and investment services operator.” At the initial stage, from May 2022, “direct investments” in two crypto assets…

Wisdomtree: Cryptocurrencies are an asset that cannot be ignored

Cryptocurrency NewsBy 05/05/2022

The management of the investment company Wisdomtree believes that cryptocurrencies will become an integral part of the portfolio of any investor in the next few years. Jason Guthrie, head of digital asset management at Wisdomtree, said in an interview with Ftadviser that the time when people could doubt whether cryptocurrencies would linger in the financial system is long gone. According to Guthrie, digital currencies have firmly established themselves as a new asset class and this…

Eurosystem is looking for providers of payment solutions for the digital euro

Cryptocurrency NewsBy 04/05/2022

The Eurozone Monetary Authority Eurosystem invites payment service providers and banks to participate in the competition of solution providers for payments in the national digital currency. Eurosystem is looking for developers of payment solutions for the digital euro. The request specifies that the prototype proposed by the developers should test the digital euro transaction path on a backend developed by regulators. And also to test the processing and completion of the CBDC transaction in the…

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