Cryptocurrency
Cryptocurrency
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NYDFS announces improvements to its virtual currency monitoring capabilities
The NYDFS played a key role in the decision by Paxos Trust, a blockchain infrastructure platform, to cease issuing the Binance USD stablecoin
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San Francisco's Federal Reserve Bank posts job offering for CBDC developer
The base salary range for the job was given as $110,300 to $176,300, and the location was given as San Francisco, California
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Africa's Zambia tests tech for regulation of crypto
As the crypto markets in Africa continue to grow, In November, the International Monetary Fund called for increased regulation of crypto markets in the continent
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Bitcoin's market cap surpasses Visa's for the third time
Currently, Bitcoin's market capitalisation is $470.16 billion, just slightly higher than Visa's market capitalisation of $469.87 billion
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NFT platform KnownOrigin to introduce creator smart contract
From February 24, all allowed creators on KnownOrigin will have the capability to deploy and mint their work on their own contract for public release
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GBBC Digital Finance joins the International Organisation of Securities Commissions
The International Organisation of Securities Commissions consists of 35 national securities regulators and more than 200 affiliated organisations
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Hong Kong released green bonds worth $100M
As per the declaration, the Hong Kong government utilised GS DAP, a tokenisation protocol developed by Goldman Sachs, for the bonds
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Iris Energy to triple Bitcoin mining capacity with purchase of thousands of new rigs
In recent months, crypto miners have faced multiple challenges, such as low Bitcoin prices, high hash rates, great mining difficulty, and high energy prices
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Europe's digital asset provider Taurus raised $65 million in funding
As per the announcement made on February 14, Taurus plans to use the $65 million raised in the funding round to strengthen its growth strategy in three key areas
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US based interactive broker starts crypto trading services in Hong Kong
In January, the Financial Secretary for Hong Kong, Paul Chan, expressed the government's willingness to collaborate with crypto and fintech businesses in 2023
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The Centre Pompidou in France to host its first-ever exhibition featuring NFTs
The exhibit will include NFTs from 16 digital artists globally, including famous collectibles like CryptoPunk #110 and Autoglyph #25