Tuesday, July 12, 2022

Spain to Offer Grants for Metaverse Companies

The government of Spain has announced it will issue a series of grants and aid for metaverse-related developments. The individuals and companies interested in receiving these grants will have to be based in the European Union or Spain and present a plan, and meet a series of requirements, to be considered. The first batch of […] The post Spain to Offer Grants for Metaverse Companies first appeared on PR Business News Wire.
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Monday, July 11, 2022

100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault

Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance proposal that provides “collateral integration from a U.S.-based bank.” The Makerdao governance proposal passed by a majority vote of more than 87%, and it gives the U.S. financial institution Huntingdon Valley Bank the means to leverage a stablecoin vault. In terms […] The post 100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault first appeared on PR Business News Wire.
http://dlvr.it/STkjQF

Claim Your First NFT Top-Level Domain for Web3 on Quik․com

The metaverse ideology and the emerging concept of brands establishing themselves in the decentralized web-based virtual universe have created a race for top-tier domains for businesses, individuals, and many developers to acquire the best at the early stages of this virtual universe. While traditional domains optimize a centralized dispute resolution process and are managed by […] The post Claim Your First NFT Top-Level Domain for Web3 on Quik․com first appeared on PR Business News Wire.
http://dlvr.it/STkjNl

How a Presale Ethereum Wallet Containing 1000 ETH Was Recovered by KeychainX

He was a part of the Ethereum pre-sale in 2014 and amassed a fantastic 1000ETH today worth about 4 million USD for a mere 300USD – an astonishing 13000x increase in value. The story began when Alex sent the KeychainX team a question about whether if the team dealt with damaged wallets. Alex suspected the […] The post How a Presale Ethereum Wallet Containing 1000 ETH Was Recovered by KeychainX first appeared on PR Business News Wire.
http://dlvr.it/STkhP1

Binance Gets VASP License From the Bank of Spain

Binance, one of the largest crypto exchanges worldwide, has secured a license from the Bank of Spain that will let the exchange operate in compliance with the local laws. This certification means that the exchange is currently complying with its AML/KYC processes required by the government of the country. More than 17 companies have received […] The post Binance Gets VASP License From the Bank of Spain first appeared on PR Business News Wire.
http://dlvr.it/STjHTq

Crypto Exchange Bitso Launches Remittance Service in Colombia

Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service in Mexico last year in partnership with Circle. The service will be focused […] The post Crypto Exchange Bitso Launches Remittance Service in Colombia first appeared on PR Business News Wire.
http://dlvr.it/STjCzR

Sunday, July 10, 2022

Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law

New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines relevant threats. Amendments designed to govern the cryptocurrency market in Hong Kong […] The post Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law first appeared on PR Business News Wire.
http://dlvr.it/STgds8