The Monetary Authority of Singapore (MAS) has announced several initiatives designed to enhance tokenization within the financial sector, according to a Nov. 4 statement. According to the regulator, the move aims to strengthen tokenized assets’ liquidity and support market infrastructure growth. To help drive the adoption of tokenized assets, MAS will establish commercial networks, develop…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Gemini, the crypto exchange founded by the Winklevoss twins, has achieved a major milestone in its Asian growth journey. The Monetary Authority of Singapore (MAS) recently granted Gemini an in-principle approval for a Major Payment Institution (MPI) license. This approval highlights Gemini’s commitment to delivering secure and compliant crypto…
Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consolidation, the report suggests new investors have demonstrated notable confidence in the long-term market outlook. Report Shows Despite Consolidation, New Bitcoin Investors Display Strong Market Confidence…