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South Korea

South Korea’s New Crypto Exchange Rules Start Today

South Korea’s new rules to protect users’ crypto assets took effect on July 19. These regulations, introduced by the country’s financial watchdog, aim to ensure safer handling of digital currencies by virtual asset service providers (VASPs). The “Virtual Asset User Protection Act” requires virtual asset service providers (VASPs) to follow new steps to keep users’…

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Abra Acquires Tron and Zilliqa Trusts from Valkyrie Investments

Abra, a digital assets platform, bought Tron (TRX) and Zilliqa (ZIL) trusts from Valkyrie Investments. Bloomberg reported the purchase happened just before Abra settled with 25 U.S. state regulators over operating without licenses. This was done by Abra Capital Management LP, an SEC-registered investment advisor, according to Marissa Kim, Abra’s head of asset management. Abra…

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Coinbase Coin Base

Coinbase Expands Crypto Trading in Germany with New Token Launches

Coinbase is broadening its crypto trading services in Germany by introducing three new tokens: BLAST, ZRO, and CORECHAIN. This expansion addresses the recent volatility in the crypto markets, which has been partly driven by the German government’s BTC sell-off. By adding these tokens, Coinbase seeks to provide more trading options and boost investor sentiment in…

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Circle Secures First MiCA License for Stablecoin Issuance in EU

ACPR has granted Circle an e-money license for USDC and EURC across the EU, making Circle the first stablecoin issuer to be licensed under MiCA regulation. MiCA aims to protect investors by implementing stablecoin transaction limits. Circle is now the first stablecoin issuer to get regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA)…

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Shiba Inu Shib

Shiba Inu Futures Launching on Coinbase: Impact on SHIB Investors

Coinbase will launch SHIB futures on July 15, expanding regulated altcoin trading. The new SHIB futures offer cash-settled contracts, enhancing trading opportunities. Additionally, Coinbase is expanding altcoin futures with DOT, XLM, AVAX, and LINK, boosting market depth. Coinbase is expanding its cryptocurrency options by introducing Shiba Inu (SHIB) futures contracts on July 15. This move…

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Robinhood robin hood

Robinhood Buys Pluto for AI Investment Advice

Robinhood has announced it is buying Pluto, a platform that provides investment advice using artificial intelligence. This acquisition is intended to help Robinhood users make better financial decisions. By integrating Pluto’s AI tools, Robinhood aims to offer more advanced investment guidance and improve its services for retail investors. This means users will soon benefit from…

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Cardano ADA

Cardano’s ADA Poised for Growth with IBC Protocol

The Cardano blockchain has introduced the Inter-Blockchain Communication (IBC) Protocol to improve how it connects with other blockchains. This new feature aims to enable smooth and secure transactions and data sharing between different blockchains. By integrating IBC, Cardano is becoming a more connected ecosystem, which could encourage more decentralized applications (DApps) to adopt its platform….

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LayerZero ZRO

LayerZero and Trident3 Launch T3id on 70+ Blockchains

Trident3 has teamed up with LayerZero to launch the peer-to-peer (P2P) digital identity solution, T3id. This partnership will allow users to quickly and securely verify their identity across more than 70 blockchains connected through LayerZero’s infrastructure. Steve Goldstein, CEO of Trident3, explained to Crypto Briefing that P2P identity verification ensures that transactions and communications are…

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Coinbase Coin Base

Coinbase Partners with Stripe: Impact on This Altcoin!

Coinbase, the largest cryptocurrency exchange in the USA, has announced a new partnership with Stripe to make USDC transfers easier. Stripe will be integrated into Coinbase’s Base network and will use this network in its cryptocurrency payment products. Coinbase and Stripe Partner to Enhance Crypto Services As part of their new partnership, Coinbase will integrate…

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Taiwan

Taiwan’s BitoGroup Partners for Crypto-Friendly Bank Account

Taiwan’s BitoGroup is aiming to introduce a crypto-friendly bank account in collaboration with the internet bank Bankee. BitoGroup, a Taiwanese crypto wallet and exchange service, is teaming up with Bankee, the internet banking arm of Far Eastern International Bank, to introduce a specialized bank account that supports cryptocurrencies. BitoGroup and Bankee Partner to Boost Crypto…

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Binance

Binance Supports Merger of Altcoins FET- OCEAN and AGIX

Binance, the cryptocurrency exchange giant, has announced its backing for the merger of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) into a new altcoin called Artificial Superintelligence (ASI). As part of the merger into Artificial Superintelligence (ASI), Binance will suspend deposits and withdrawals for Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) beginning July…

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Taiwan

Taiwan Forms New Association to Regulate Cryptocurrency

Taiwan has taken an important step in regulating the cryptocurrency sector by creating a new industry association. This move supports the government’s goal of increasing oversight and self-regulation in the industry. The Taiwan Virtual Asset Service Providers Association, established today with the guidance of the Financial Supervisory Commission (FSC), marks a significant milestone in the…

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Binance

Binance Teams Up with Macao Police to Boost Law Enforcement

Binance, a prominent cryptocurrency exchange, has partnered with the Macao Judiciary Police to launch a pioneering in-person training program for law enforcement. This initiative marks a key step in Binance’s efforts to collaborate globally with law enforcement agencies. More than 40 representatives from the Macao Judiciary Police’s Criminal Investigation Department and Gaming-related and Economic Crimes…

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Shiba Inu Shib

DEXTools Supports ShibaSwap for Better User Experience

ShibaSwap, the Shiba Inu ecosystem’s decentralized exchange, is now supported by DEXTools. This support brings advanced DeFi analytics and better trading capabilities to the SHIB Army. The ShibaSwap team announced that DEXTools will provide its users with comprehensive tools and real-time data, enhancing the overall trading experience and helping them make informed trading decisions. ShibaSwap…

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