Picpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The company, that had announced this rollout last month, now allows its customers to purchase, hold, and sell digital assets from its platform. The organization partnered with Paxos, the issuer of the pax dollars stablecoin, in…
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Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed a plan on Wednesday, but after…
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Nubank, Brazil’s largest digital bank, is set to invest 1% of its portfolio in bitcoin (BTC), and will begin rolling out functions that allow its app users to buy, sell, and hold BTC and ethereum (ETH). Per the media outlet Exame, the neobank will convert 1% of its equity to bitcoin via its holding…
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In addition to buying Bitcoin, Nubank will offer BTC and ETH investment services to its more than 50 million customers. Nubank, the largest digital bank in Brazil and Latin America, announced that it has partnered with Paxos to allow the bank’s customers to buy, sell and store cryptocurrencies directly through Nubank. Along with the launch…
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Crypto lobbyists are making breakthroughs with adoption-focused legislation at the state level in various parts of the USA – with federal regulation still lagging behind. Per a report from the New York Times, in the Florida House in March, legislators “swiftly gave final approval” to a bill that makes it easier for residents to…
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In a bid to attract Israeli crypto investors, Bank Leumi has announced that it will enable its customers to trade cryptoassets. Trading services will be carried out through the bank’s online trading platform Pepper Invest. Pepper Invest is offering its crypto trading services in partnership with blockchain infrastructure platform Paxos (PAX). … Read More: Israeli…
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The interest in gold-backed stablecoins is on the rise, with inflows accelerating after the aggression on Ukraine started. Following the surge in adoption, the combined market capitalization of the two dominant tokens – pax gold (PAXG) and tether gold (XAUT) – for the first time crossed the USD 1bn mark last week…. Read More:…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Okcoin’s USD 165M Bitcoin Plan, Binance’s Targets, Crypto Lobbying + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Colorado’s Crypto Move, Travel Rule & TRUST, Criminal Whales, Inflation in UK + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
