– Binance Has Been Given Permission To Operate In Bahrain
Binance, a cryptocurrency exchange, has been granted permission to operate in Bahrain by the Bahraini Central Bank. Binance has received its first regulatory approval in the Middle East for its crypto-asset service provider license. It’s planning to expand its operations in the region, including establishing a headquarters in adjacent Dubai. The exchange has aided the Dubai World Trade Centre Authority in developing its crypto regulatory framework.Read Full on theblockcrypto.
– FTX Cryptocurrency Exchange Granted License To Open Local Headquarters In Dubai
FTX, a major worldwide cryptocurrency exchange, has received a virtual asset license in Dubai, allowing it to expand its activities in the United Arab Emirates. The license appears to be given under a new cryptocurrency regulation passed last week in Dubai, with the Dubai Virtual Asset Regulatory Authority (VARA) being the Emirate’s primary crypto regulator in special development and free zones.Read Full oncointelegraph.
– ConsenSys, An Ethereum Developer, Has Received Funding From Microsoft
According to a press statement issued on Tuesday, the value of Ethereum software developer ConsenSys has risen to $7 billion after the business raised $450 million in its Series D funding round in Brooklyn, New York. ParaFi Capital, a blockchain-focused alternative investment business, led the enormous fundraising effort. Microsoft and SoftBank’s Vision Fund 2 are among the notable investors on the list.Read Full onU.Today.
– Binance Is Looking Into Purchasing A Brazilian Securities Brokerage
Binance stated on Monday that it has signed a memorandum of understanding (MOU) to potentially buy Brazilian securities brokerage Sim;paul Investimentos. Under the terms of the MOU, the company claimed it will look into acquiring Sim;Paul with the goal of further growing Brazil’s cryptocurrency and blockchain ecosystem. Brazilian officials, including the central bank, would have to approve the deal.Read Full on theblockcrypto.
– With Trademark Filings, American Express Forays Into NFTs And The Metaverse
The credit card service business American Express (NYSE: AXP) is the latest to hop on board with the growth of NFTs and Metaverse. AMEX, SHOP SMALL, and MEMBERSHIP REWARDS are among the seven new trademark applications filed by American Express to register the company’s name, logo, and phrases. This indicates that the payment card services multinational firm intends to expand into the metaverse and sell branded non-fungible tokens (NFTs).Read Full onFinbold.
– According To Michael Saylor Of MicroStrategy, Bitcoin Is The American Dream
Michael Saylor, the CEO and co-founder of MicroStrategy Inc., the flagship firm of corporations’ Bitcoin (BTC) frenzy, addressed members of the Economic Club of New York, attempting to explain why economists are incorrect about the king coin. He defines bitcoin as a new form of insurance against inflation and market instability, Bitcoin (BTC) was chosen, and he dubbed it as the American dream.Read Full on U.Today.
– Senate Candidate’s ‘Main Purpose’ Is To Make Bitcoin Legal Tender In US
Bryan Solstin, a senatorial candidate for the United States Senate On March 15, announced on Twitter that he intends to focus on making Bitcoin (BTC) legal tender if elected. If Solstin is elected to the Senate and successfully advocates for Bitcoin to be recognized as legal cash. This means that citizens will be allowed to use the digital asset to pay bills and other expenses.Read Full on Finbold.
– LimeWire And Algorand Have Teamed Up To Power Their NFT Marketplace
LimeWire has announced that it will mint its NFTs and collectibles on Algorand, as well as launching a token later this year. While LimeWire’s NFTs will include music-related content, its bespoke token will provide access to community features, voting privileges, and prizes, among other things. LimeWire stated that Algorand was chosen as the system’s foundation since it is an energy-efficient and carbon-negative blockchain.Read Full on Crypto Briefing.
– NFTs Are Coming To Instagram Soon, According To Mark Zuckerberg
According to Casey Newton of The Verge’s Platformer newsletter, Zuckerberg also stated that Instagram users will be able to mint their own non-fungible tokens (NFT) within the app “hopefully” in the coming months. However, Meta (FB) CEO Mark Zuckerberg said at a panel at the South by Southwest Festival in Austin on Tuesday that he’s not ready to say exactly what that would be today.Read Full on coindesk.
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