Thailand introduces new digital asset service providers’ regulations
Thailand’s SEC has introduced new regulations ensuring investor protection from digital asset service providers. Digital asset providers will also not be able to provide digital assets deposited by users for…
Upland and Nowhere Unite to Forge a New Era of Digital Community Interactions for the Metaverse
PALO ALTO, California, June 21st, 2023, Chainwire Upland, the leading web3 Metaverse SuperApp, announced a landmark partnership with Nowhere, a virtual gathering platform with a mission to revolutionize socialization and…
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company was first issued an in-principle approval in November 2022. Circle…
Hong Kong-based First Digital launches new USD-backed stablecoin
First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said. All reserves will be held in segregated accounts at regulated…
Rakkar Digital obtains TSCP License in Hong Kong, launches custodian services
Rakkar Digital is a Singapore-based company providing digital asset custodian services to institutional and enterprise clients across Southeast Asia and Hong Kong. Rakkar Digital has obtained TSCP License in Hong…
Texas adds digital currency to the state’s Bill of Rights
Texas lawmakers vote to add digital currency to the state’s Bill of Rights. The move grants citizens the right to possess, retain and utilize digital currencies. The bill HJR 146…
Zimbabwe to issue gold-backed digital currency to save local currency
The Zimbabwe dollar has been depreciating against the US dollar. The country has been struggling with inflation for more than a decade now. The Reserve Bank of Zimbabwe (RBZ) has…
Marathon Digital mined a record 2,195 bitcoin in Q1 2023
Marathon Digital mined 2,195 bitcoin in Q1, with 41% of that (825 BTC) mined in March. The company also grew its total hashrate by 64% from 7 exahashes t0 11.5…
Nickel Digital calls for increased use of off-exchange settlements in crypto
Nickel Digital is advocating for increased integration of off-exchange settlements in crypto, noting that OES solutions can dramatically reduce fraud and bankruptcy risks Analysis shows 63% of crypto daily trading…
HeartX Launches Web3 Marketplace and Community Aim to Revolutionize Digital Art Industry
Central, Singapore, 20th March, 2023, Chainwire HeartX, previously known as ArteX, a trailblazer in the digital art industry, has recently rebranded and unveiled a groundbreaking web3 marketplace and community that…