On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the stablecoin issuer sandbox arrangement. The HKMA stated that applicants interested in establishing a stablecoin business in Hong Kong should have a sound business plan. The regulator also clarified that admission into the sandbox does not imply endorsement or support for […] Source: https://news.bitcoin.com/hong-kong-monetary-authority-launches-stablecoin-issuer-sandbox/
Month: March 2024
Peter Schiff Downplays Importance of Bitcoin Halving — Discusses ‘What Matters Most’ for BTC Price
Economist and gold advocate Peter Schiff has downplayed the significance of the upcoming bitcoin halving, emphasizing a different factor that will drive the price of the cryptocurrency. He believes what matters the most is “how much of the current supply holders want to sell, not what miners create.” Peter Schiff on Bitcoin Halving Economist and […] Source: https://news.bitcoin.com/peter-schiff-downplays-importance-of-bitcoin-halving-discusses-what-matters-most-for-btc-price/
New AI Crypto Presale Raises $9m: 5 Days Left to Buy Scotty the AI Before Exchange Listings
A new meme coin, Scotty the AI (SCOTTY), is turning heads and raking in substantial investment dollars during its limited-time presale. With $9 million raised already, crypto traders have been scrambling to buy SCOTTY tokens before the presale window ends in five days. Scotty the AI Unleashes Meme Power & AI Utility While meme coins […] Source: https://news.bitcoin.com/new-ai-crypto-presale-raises-9m-5-days-left-to-buy-scotty-the-ai-before-exchange-listings/
New York Judge Determines SEC’s Case Against Gemini and Genesis Is Plausible for Alleged Securities Law Violations
A New York federal judge has ruled that the Securities and Exchange Commission (SEC) has “plausibly alleged” that Gemini and Genesis violated securities laws through the Gemini Earn program. Judge Edgardo Ramos Highlights Hurdles in Dismissing Injunction Claims Early; Cites Howey and Reves A federal court in New York has affirmed the plausibility of the […] Source: https://news.bitcoin.com/new-york-judge-determines-secs-case-against-gemini-and-genesis-is-plausible-for-alleged-securities-law-violations/
Taken Director to Helm Ethereum NFT Collection Reactor Motors Movie
Reactor Motors—the Ethereum NFT collection featuring 8,888 images of high-end racing cars—is being turned into a movie, the company behind the digital announced late Thursday. The Reactor Motors film will be helmed by veteran director Pierre Morel, who also directed Taken and Transporter 2. The Reactor Motors film will tell the story of Geophysicist Eva Mason, who discovers Reykium in…
Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin
Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel. Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox The initiative, spearheaded by the crypto broker Bits of Gold in collaboration with the Israeli Capital Market, Insurance […] Source: https://news.bitcoin.com/israeli-crypto-firm-launches-pilot-for-first-shekel-backed-stablecoin/
AI Start-Up Figure Shows Off Conversational Robot Infused With OpenAI Tech
Robotics developer Figure made waves on Wednesday when it shared a video demonstration of its first humanoid robot engaged in a real-time conversation, thanks to generative AI from OpenAI. “With OpenAI, Figure 01 can now have full conversations with people,” Figure said on Twitter, highlighting its ability to understand and react to human interactions instantly. The company explained that its…
Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days
Tigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have requested Binance to disclose the identities and transaction histories of its top 100 users. Detained Executives’ Families Demand Their […] Source: https://news.bitcoin.com/nigerias-binance-impasse-senior-executives-detained-at-government-guesthouse-for-14-days/
TRON Integrated With Amazon Web Services to Accelerate Blockchain Adoption
PRESS RELEASE. Geneva, Switzerland, March 13, 2024 – TRON DAO is glad to announce the integration with Amazon Web Services (AWS). This integration introduces the TRON Full Node on AWS, enabling users and developers to launch a TRON Full Node with unparalleled ease and efficiency. Seamless Full Node Deployment on AWS Through this integration, launching […] Source: https://news.bitcoin.com/tron-integrated-with-amazon-web-services-to-accelerate-blockchain-adoption/
Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House
On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital asset market, Cleartoken, revealed that it’s raised $10 million in order to […] Source: https://news.bitcoin.com/cleartoken-secures-10m-in-funding-to-pioneer-uks-first-digital-asset-clearing-house/