Coinbase Singapore has announced that starting from September 5th, users will need to provide additional counterparty information when initiating cryptocurrency deposits or withdrawals. These measures have been put in place to comply with the regulations set by the Monetary Authority of Singapore (MAS) regarding anti-money laundering and countering the financing of terrorism. According to Coinbase’s
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Japanese financial holding company SBI Group has made an exciting announcement regarding its international remittance services arm, SBI Remit. The company has partnered with Ripple and SBI Ripple Asia to offer an innovative XRP remittance service to bank accounts in several Southeast Asian countries. This partnership is set to revolutionize the remittance industry in the
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Changpeng Zhao, the CEO of Binance, recently dismissed the speculation that the popular TV personality Jim Cramer declared his approval of the largest cryptocurrency exchange. Some crypto proponents joked that this could actually be good news for the trading venue, considering Cramer’s controversial statements and predictions in the past. Jim Cramer, the host of CNBC’s
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As the market sentiment surrounding Ethereum (ETH) remains tense, investors are growing wary of the potential for further price erosion and the need for a recovery. The second-largest cryptocurrency has faced turbulent weeks, with its price oscillating around the $1,626 support level, offering a glimmer of hope for bulls. However, in order to regain lost
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The WAX (Worldwide Asset eXchange) NFT ecosystem is currently experiencing a significant shift with Wombat’s recent acquisition of AtomicHub.io. This change in ownership has sparked discussions and speculation about the future trajectory of the WAX ecosystem. As the team works on a universal listing feature to enhance support across various marketplaces, it is crucial to
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In the realm of trading research and analysis, one platform has been rapidly gaining attention: yPredict. Developed by a team of AI and machine learning experts, financial quants, and traders, yPredict offers a suite of tools designed to provide data-driven insights for making informed trading decisions. Revolutionary Funding Success With ambitions as grand as its
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Bitcoin’s price has long been associated with its four-year price cycles, which align with its “halving” schedule that reduces its inflation rate every four years. However, some analysts argue that this correlation may be coincidental rather than causal. They believe that the cyclical movements of the asset are influenced by macroeconomic conditions rather than the
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Bitcoin, the world’s largest cryptocurrency, has experienced both progress and setbacks in the past year. The digital asset investment landscape has been reflective of these ups and downs. However, recent data suggests that despite minor outflows in the overall market, Bitcoin has demonstrated resilience by recording a weekly inflow of $3.8 million. Coinshares, in its
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Global payments processor Visa continues to enhance its stablecoin offering, with recent support for USD Coin (USDC) payments settled on the Solana blockchain. This development demonstrates Visa’s commitment to adopting digital currencies and blockchain technology to improve the efficiency of cross-border settlements and bridge the gap between traditional finance and Web3. Visa has been actively
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Regulated stock exchanges are facing a dilemma as they grapple with the increasing demand for cryptocurrency products. Despite the growing interest in crypto-related assets among retail and institutional investors, these exchanges are hesitant to offer such products. This article examines the reasons behind this reluctance and the challenges that regulated stock exchanges face in entering
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The South Korean government is set to introduce a new bill aimed at tracking and freezing crypto assets that North Korea is allegedly using for its weapons program, according to local media outlet Korea JonngAng Daily. This bill, if implemented, will further enhance sanctions against the neighboring nation and provide measures to monitor and mitigate
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