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Union Bank of Philippines to Offer Crypto Trading and Custodial Services


One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank executive. Philippines’ Unionbank to Offer Crypto Trading and Custodial...

Rio De Janeiro to Invest 1% of Its Treasury in Cryptocurrency


Rio de Janeiro, one of the largest cities in Brazil, will invest part of its Treasury in cryptocurrencies. The announcement was made by the mayor of Rio, Eduardo Paes, during Rio Innovation Week. The plan is to turn the city into a cryptocurrency-friendly hub, and there are other tax incentives...

Billionaire Ray Dalio Insists Governments Could Outlaw Bitcoin


Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has reiterated his warning that governments could outlaw bitcoin. “In history, they’ve outlawed gold and they’ve outlawed silver and so on, and they could outlaw...

Sberbank Launches First Blockchain ETF in Russia


Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces...

How Binance NFT Is Building the No․1 Gaming Metaverse


Video games, the Metaverse and NFTs. Binance NFT has become the largest centralized gaming NFT marketplace. See what the team has accomplished and how Binance NFT is building the Gaming Metaverse. Main Takeaways: Since June, Binance NFT has become the world’s largest centralized NFT gaming...

Digital Currency Exchange Kraken Acquires Crypto Staking Firm Staked


The digital asset company Kraken announced it has acquired the non-custodial staking platform Staked for an undisclosed sum. While the sum of the purchase was not disclosed, the company claims that it was “one of the largest crypto industry acquisitions to date.” Kraken Acquires...

Fei-Rari Union Approved, Marking One the Largest DAO Mergers in DeFi History


  A vote to merge Rari Capital, an open interest rate protocol that allows the creation of permissionless lending pools, and Fei Protocol, issuer on the native algorithmic stablecoin FEI, was approved on Tuesday at Ethereum (ETH) block height 13850929. Looking at the total value locked (TVL)...

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