Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. An initiative supported by the Monetary Authority of Singapore (MAS) has completed a cross-currency transaction involving tokenized Japanese yen and Singapore dollar deposits. Additionally, the buying and selling of tokenized government bonds were also […]
Tag: STO
Solana Lending Protocol Exploited for $1.26M in Oracle Attack
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Solana-powered lending protocol Solend suffered an oracle attack that led to $1.26 million in exploited funds, PeckShield reported. Solend confirmed the attack, saying it targeted three lending pools holding Hubble stablecoin, as well as […]
Paxos Becomes “Major Payments Institution” in Singapore
<p> Paxos, a cryptocurrency trading and custody platform, announced on Wednesday that Paxos Global Pte Ltd had acquired a license from the Monetary Authority of Singapore (MAS). Under the new license, <a href=”https://www.financemagnates.com/tag/paxos/” target=”_blank”>Paxos </a>will be able to offer digital payment token services, and it will become the first <a href=”https://www.financemagnates.com/terms/b/blockchain/” target=”_blank” id=”be18ed01-45fc-4044-b447-06802a10dbcd_1″ class=”terms__main-term”>blockchain</a> infrastructure […]
Paxos Becomes “Major Payments Institution” in Singapore
<p> Paxos, a cryptocurrency trading and custody platform, announced on Wednesday that Paxos Global Pte Ltd had acquired a license from the Monetary Authority of Singapore (MAS). Under the new license, <a href=”https://www.financemagnates.com/tag/paxos/” target=”_blank”>Paxos </a>will be able to offer digital payment token services, and it will become the first <a href=”https://www.financemagnates.com/terms/b/blockchain/” target=”_blank” id=”be18ed01-45fc-4044-b447-06802a10dbcd_1″ class=”terms__main-term”>blockchain</a> infrastructure […]
South African Retail Chain Pick n Pay Expands Bitcoin Payments to 39 Stores
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. South Africa-based grocery retail chain Pick n Pay announced it will start accepting crypto payments at all of its stores in the following months after a successful initial phase, Reuters reports. The move follows […]
DFSA Publishes List of “Recognised Crypto Tokens” as Changes Take Effect
<p> The Dubai Financial Services Authority (<a href=”https://www.financemagnates.com/tag/dfsa/”>DFSA</a>) announced its initial list of ‘Recognised Crypto Tokens’ on Tuesday, changing its current regulatory regime concerning the crypto industry. The list includes <a href=”https://www.financemagnates.com/terms/b/bitcoin/” target=”_blank” id=”261088a9-0f41-4202-a73c-31f75ba6bd93_1″ class=”terms__main-term”>Bitcoin</a> (BTC), Ethereum (ETH), and Litecoin (LTC).</p><p class=”MsoNormal”>The DFSA defines a <a href=”https://www.financemagnates.com/cryptocurrency/” target=”_blank”>cryptocurrency</a> token as a token that is used […]
GME Extends NFT Store Hoping to Bring “The Next Billion Players to Web3”
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a recent press release, ImmutableX, a layer 2 protocol scaling solution on Ethereum announced it was integrating its wallet with GameStop’s and launching its NFT collections on GME’s marketplace. This partnership will significantly […]
Ripple Defense Strengthening as Lawsuit with SEC Drudges Along
For two years, the US Securities and Exchange Commission (SEC) has been in a legal brawl with Ripple Labs. On December 22, 2020, the SEC filed a lawsuit, in a federal district court in Manhattan, against Ripple Labs for raising funds totalling about $1.4 billion using XRP as a digital asset in a 2013 Initial […]
One Crypto, Two Systems: How Hong Kong and China Differ on Regulation
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a bid to rebuild its status as the world’s crypto hub, Hong Kong is considering offering retail investors access to cryptocurrencies and crypto exchange-traded funds (ETFs). The move comes as the city has […]
Hong Kong Regulator See Potential in DLT and Web3, Might Allow Crypto ETFs
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Hong Kong’s government released a policy statement on its approach to developing and regulating the digital assets ecosystem in the city. The government said in a press release it sees significant potential in Web3 […]
