According to an executive at the Monetary Authority of Singapore (MAS), the majority of cryptocurrency companies applying for li
01 Sep 2023, 16:12
ā According to an executive at the Monetary Authority of Singapore (MAS), the majority of cryptocurrency companies applying for licenses in Singapore do not meet the required regulatory standards.
ā ļø Binance plans to gradually phase out support for BUSD (Binance USD) products, signaling a shift in its stablecoin offerings. This move follows regulatory pressures and scrutiny on stablecoins in the cryptocurrency industry.
š Tether (USDT) has formed a partnership with Britannia Bank & Trust in the Bahamas to simplify the process of transferring dollars within its network.
š®šø Iceland has emerged as a prime destination for cryptocurrency miners and currently boasts the highest hashrate per capita globally, with a 1.3% share. Luxor Technologies suggests that Iceland's favorable climate, electricity cost, and regulatory environment may drive further growth in its cryptocurrency mining sector.