NewsListForTag
Mansa, a Dubai-based but Africa-focused stablecoin liquidity provider, announced the completion of a $10 million seed round led by Tether, which will support the company's expansion into Latin America and South East Asia, where liquidity challenges have also limited cross-border transactions.
According to Bitcoin Magazine, Hong Kong-based family office Avenir Group reported holding BlackRock's $599 million Bitcoin ETF.
On February 6th, OSL Group, headquartered in Hong Kong, has completed the acquisition of Japanese cryptocurrency exchange CoinBest and announced today that CoinBest will officially be renamed OSL Japan to promote the company's global expansion. OSL Japan is expected to focus on off-site services and launch retail products targeted at the local market.
Singapore-based digital asset exchange Crypto.com has launched institutional-grade trading services under its new US-based platform Crypto.com Exchange. According to the announcement, Crypto.com Exchange offers users more than 300 cryptocurrencies and 480 trading pairs to complement its existing retail Crypto.com app for US customers. The Block's data dashboard shows that Crypto.com is the second-largest digital asset exchange after Binance in terms of monthly spot trading volume. As of press ti...
According to The block, the Singapore-based digital asset exchange Crypto.com has received approval in principle for a Crypto Asset Market (MiCA) license. While the exchange does not appear to be fully licensed yet, obtaining final approval will allow Crypto.com to offer services within the European Union once the MiCA rules come into effect in late December 2024. First adopted in April 2023, the MiCA establishes a regulatory framework for digital assets in the European Union, allowing companies...
Dubai-based investment firm Sigma Capital has launched the $100 million Sigma Capital Fund I, which focuses on early-stage ventures in the Web3 and blockchain space. The fund will invest in DeFi, blockchain infrastructure, real-world asset tokenization, gaming, and the meta-universe. In terms of investment strategy, Sigma Capital plans to manage a liquid token portfolio and adopt a high-yield DeFi approach to improve returns. Over the next three years, Sigma Capital plans to invest in 100 early-...
The Web3 Working Group of the Digital Society Promotion Headquarters of the Liberal Democratic Party of Japan held its second study meeting, focusing on the review of regulations related to cryptoassets (virtual currencies). The meeting discussed the different treatment of crypto assets and traditional securities in regulation, and explored the direction of future regulatory amendments. Participants believed that in addition to investor protection, it is also necessary to take into account the c...
According to the official account of the Shanghai headquarters of the People's Bank of China, the Shanghai headquarters of the People's Bank of China held a work conference in 2025. The meeting pointed out that the Shanghai headquarters of the People's Bank of China has continuously improved the level of financial management and services, used blockchain technology to implement cross-border electronic tax payment business "one-stop" online processing, and steadily promoted the research and appli...
MANTRA has reached an agreement with UAE-based real estate group DAMAC Group to tokenize at least $1 billion of assets. DAMAC, which covers real estate development, hotels and data centers, has accepted bitcoin and ethereum payments since 2022. Details of the specific tokenization project will be announced in the coming weeks.
On January 7th, the China Earthquake Network determined that at 9:5 on January 7th, a magnitude 6.8 earthquake occurred in Tingri County, Shigatse City, Tibet (28.50 degrees north latitude, 87.45 degrees east longitude), with a focal depth of 10 kilometers. Preliminary statistics show that the earthquake has caused casualties. The State Council Earthquake Relief Headquarters Office and the Emergency Management Department launched the earthquake's third-level emergency response and dispatched a w...
