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Tag: stablecoin

WadzPay hires 200 people for new office, token surges: top places to buy WadzPay Token

WadzPay Token, an ecosystem with smart contract-based fund disbursement methodology, has gained 36% in…

The post WadzPay hires 200 people for new office, token surges: top places to buy WadzPay Token appeared first on Coin Journal.

Alameda secures up to $750M credit line from TrueFi’s Single Borrower Pool

    TrustToken, the core team responsible for building the leading unsecured lending protocol TrueFi, as well as popular stablecoins including TrueUSD, unveils its first permissioned single borrower portfolio on TrueFi. Designed specifically for leading digital asset principal trading firm Alameda Research, the portfolio is expected to grant its single borrower as much as $750 million of working capital […]

The post Alameda secures up to $750M credit line from TrueFi’s Single Borrower Pool appeared first on Fintech News.

Why Bitcoin Is The Only True Stablecoin

Stablecoins seemingly duplicate the problems created by fiat which bitcoin managed to solve.

Switzerland aims to become the next crypto utopia as Lugano makes Bitcoin and USDT legal tender

The Swiss city of Lugano has announced today that it will recognize cryptocurrencies as legal tender.

The post Switzerland aims to become the next crypto utopia as Lugano makes Bitcoin and USDT legal tender appeared first on CryptoSlate.

THORChain Records 6-Week High After Terra Integration

THORChain records 6-week high after the latest Terra integration, and it continues to show signs that it could bring it back to the game again so let’s read more today in our latest altcoin news. THORChain records a 6-week high as it surged by 70% this week or $5.5 on a series of technical developments […]

City Of Lugano Will Pay Taxes In Crypto After Tether Partnership

The Swiss City of Lugano will pay taxes in crypto thanks to a new tether partnership with the ultimate goal being to accept payments for goods and services in crypto according to the city administration so let’s read further in today’s latest Tether news. The city of Lugano is the economic capital of Switzerland and […]

Lugano, Switzerland Will Make Bitcoin Legal Tender

Lugano will also ‘roll the red carpet’ for Bitcoin and blockchain businesses and enthusiasts to relocate to the city.

Japanese Financial Giant Nomura to Launch New Digital Asset Division

Japanese Financial Giant Nomura to Launch New Digital Asset Division

Japanese financial giant Nomura has announced its plans to launch a new digital asset division to look into the potential opportunities in the crypto sector. Nomura to Explore Crypto, NFTs With New Unit According to an official announcement, Nomura Holdings will be restructuring its Future Innovation Company into a new Digital Company, which will begin operations starting next month. With the new unit, the company will explore the possibilities of cryptocurrency, NFTs, security tokens, alongside technologies such as distributed ledgers to expand its private markets businesses. With a whopping value of almost $432 billion in total assets from the past year, Nomura might become one of the largest investors in blockchain technologies from the Asian region, alongside Animoca Brands. Commenting on the development, Nomura President and Group CEO, Kentaro Okuda, said: “Digital technology is a critical part of our strategic drive to expand our operations in private markets. The new Digital Company will lead deeper collaboration among internal and external stakeholders, accelerate our uptake of digital technologies, and enhance our client services.” Japan’s Budding Crypto and the NFT Market NFTs are becoming increasingly popular in Japan, despite the country having the most rigorous crypto regulations. For instance, Nomura Holdings recently became the latest Japanese financial company to explore NFTs. Similarly, Rakuten, a Japanese e-commerce company, announced the launch of its own NFT trading platform, Rakuten NFT, last week. Earlier last month, Japan’s largest bank Mitsubishi UFJ Financial Group (MUFG), announced it would terminate its three-year-old blockchain payment project to focus on issuing a Yen-backed stablecoin.

The post Japanese Financial Giant Nomura to Launch New Digital Asset Division appeared first on Cryptoknowmics-Crypto News and Media Platform.

Crypto Market Cap Returns to $2 Trillion


Global cryptocurrency markets have rallied strongly in the wake of the Russian invasion of Ukraine. Bitcoin rose to $44,188 on Wednesday after falling to $36,370 last week. (Read More)

2022 Will Bring The End Of Bitcoin’s Genesis Stage

The year is unfolding fast and while it appears that the price may lull, bitcoin will finally take the spotlight on the cryptocurrency stage.

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