South Africa Approves 63 Crypto Asset Service Provider License Applications
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South Africa Approves 63 Crypto Asset Service Provider License Applications

South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably, the approvals do not mean crypto assets are recognized as a legal form […] Source: https://news.bitcoin.com/south-africa-approves-63-crypto-asset-service-provider-license-applications/

QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech
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QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech

PRESS RELEASE. HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced today that it has raised $6 million in a funding round led by Blockchain Capital. The fresh influx of capital furthers QED’s mission of utilizing its novel technology to unlock unparalleled […] Source: https://news.bitcoin.com/qed-protocol-raises-6-million-for-scaling-with-bitcoin-powered-tech/

UAE’s Zand Bank to Offer Crypto Services
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UAE’s Zand Bank to Offer Crypto Services

Zand Bank, the UAE’s first digital bank, has entered into a strategic partnership with Taurus SA, a global leader in digital asset technology for banks. This partnership will cover all aspects of Zand’s digital asset infrastructure, including custody, tokenization, and blockchain connectivity. Zand will leverage Taurus’ integrated custody and tokenization solutions to expand its digital […] Source: https://news.bitcoin.com/uaes-zand-bank-to-offer-crypto-services/