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Nalezeno "Nod": 167

Paxos Expands to Solana Following NYDFS Nod, Widening Stablecoin’s Horizon


The tokenization and stablecoin platform Paxos has revealed plans to broaden its stablecoin issuance to the Solana blockchain. The company, which oversees the pax dollar (USDP), anticipates that Solana-issued USDP will be publicly available starting Jan. 17, 2024. Paxos Set to Launch Stablecoin...

Dubai Grants Climate-based AYA Platform Conditional VARA License


Image Source: Pixabay Dubai’s financial regulator, the Virtual Asset Regulatory Authority (VARA) has issued a conditional operating license to AYA Platform, a web3 launchpad subsidiary of Enjinstarter. In a recent press release, the company disclosed the regulatory nod obtained by VARA to operate...

Kazakhstan Financial Regulator Barred 980 Crypto Firms For Non-Registration


Source: Iliya Mitskavets/Adobe The Financial Monitoring Agency (FMA) blocked 980 digital asset exchanges for offering trading services to users in Kazakhstan without the required regulatory nod. In a Dec 7 press release, the financial regulator revealed that it barred almost 1,000 crypto trading...

Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator


Source: Paxos Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity. With the in-principal approval, Paxos Digital Singapore, the new entity, will offer digital payment token services to Singaporeans. Further, Paxos...

US Crypto Exchange Bittrex Receives Bankruptcy Nod to Cease its Operations


A Delaware court judge approved the Chapter 11 plan of Seattle-based cryptocurrency exchange Bittrex on Monday to cease its operations. In April, the US Securities and Exchange Commission (SEC) charged Bittrex, its co-founder and former CEO William Shihara. Bittrex faced allegations of operating...

Terra Classic Votes to Halt USTC Minting; Community Eyes Future Re-Peg


Following a decisive vote by the Terra Classic community, an initiative to halt the creation of the previously termed stablecoin, terra usd (commonly referred to as UST or USTC), has been approved. Despite 40.56% opposition, 59.42% of the vote gave the nod for the software update. Minting Freeze...

Bitcoin Price Prediction: Kiyosaki's Nod, FTX Recovers, Warren's Bill Rises


In a vibrant start to the week, Bitcoin is registering a modest increase of nearly 0.50%, trading at $26,647. This uptick coincides with notable developments in the crypto landscape.  Financial educator Robert Kiyosaki has voiced his strong reservations about traditional fiat currency, going...

SEC Greenlights Nasdaq’s First AI-Powered Order Type


The U.S. Securities and Exchange Commission (SEC) has approved a new artificial intelligence (AI)-powered order type for Nasdaq’s stock exchange. This marks the first AI order type approved for an exchange. Nasdaq says the latest technology aims to improve efficiency and performance on...

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