Cryptocurrency exchange Coinbase has been granted a full payments license by the Monetary Authority of Singapore, allowing it to offer digital payment token services in the country. Learn more: Reuters
Blockchain
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Franklin Templeton’s Tokenized Money Market Fund Passes $270m AUM
Just over a year ago, Franklin Templeton launched its OnChain U.S. Government Money Fund, which has now surpassed $270 million in assets under management (AUM) for the tokenized fund. It’s the first U.S. registered fund to use a public blockchain (Stellar) to record transactions and shareholdings. Franklin Templeton is a major player in the asset...
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‘Relief Revolutionised’: Tayaba and Rahat’s Tokenized aid distribution in Pakistan
Tayaba commits to improving access to clean water and sanitation for marginalized communities in the country Tayaba, a non-profit organization in Lahore, Pakistan, has launched the first-ever tokenization of philanthropy in Pakistan. The project aims to address the dire situation in the Ghotki District of Sindh, where poverty and lack of clean water accessibility are...
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Societe Generale-Forge Launches “Coinvertible”: the First Institutional Stablecoin Deployed on a Public Blockchain
Societe Generale–FORGE (SG-FORGE), a fully integrated and regulated subsidiary of Societe Generale group dedicated to digital assets, launches the EUR CoinVertible, a digital asset that purports to maintain a stable value (stablecoin). EUR CoinVertible is deployed in Euro denomination on the Ethereum public blockchain (ticker code: EURCV). This pioneering project complements SG-FORGE’s business offer to...
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‘Staggering’ $300 Billion Prediction Reveals Potential Bitcoin Price Peak After Huge Crypto And Ethereum Boom
Bitcoin, ethereum and other major cryptocurrencies have seen a spectacular recovery this year (though ethereum’s founder has issued a stark warning over crypto’s “next bull run”). The bitcoin price has topped $30,000 per bitcoin for the first time since last summer while ethereum has surged to over $2,000 per ether as upgrades fuel a price...
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Marvion Launches Digital Ownership Tokens (DOTs) for Legally Enforceable Tokenized Asset Ownership
Marvion, a leading provider of blockchain-based solutions and a fully owned subsidiary of Bonanza Goldfields Corp. (OTC:BONZ), today announced the launch of its latest innovation – the creation of Digital Ownership Tokens (DOTs). DOTs are designed to provide legally enforceable ownership of tokenized assets, enabling the tokenization of real-world assets such as property, art, or...
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How Blockchain Can Help Secure the Future of Organic Medicine
Organic medicines have been around for as long as humans have been sick. But the past century saw them put on the back burner as synthetic drugs and big pharmaceutical corporations took center stage. Fortunately, there has been a resurgence in the use of organic medicine in recent years. This shift is sparked by growing...
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Bitfinex Becomes First Licensed DASP in El Salvador
The license permits Bitfinex Securities El Salvador to facilitate tokenized assets. El Salvador became the first country to adopt Bitcoin as ledger tender in 2021. Bitfinex Securities El Salvador, a newly-established entity belonging to cryptocurrency exchange Bitfinex, has emerged as the first licensed digital asset service provider (DASP) in El Salvador. The licensing comes three...
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Staking Platform Tokens Rise in Price after Ethereum Update Date Announced
Staking platform tokens rose in price after the announcement by Ethereum developers that the long-awaited Shapella update is scheduled on the main network on the night of April 12-13. The rates of management tokens of DeFi protocols that provide the liquid staking service (“liquid staking”) increased by more than 10% over the day. According to...
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The EU Council Supported the Idea of Shutting Down and Suspending Smart Contracts
The Council of the European Union has supported the idea of disabling and suspending smart contracts – they will have to contain a “switch” in accordance with the revised data law (Data Act) of the European Union, reports CoinDesk. The text of the document was agreed upon by the Council of the European Union (one...