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Crypto News

El Salvador Plans to Offer Crypto-Based Loans for SMEs

According to Steiner, the government has been in talks with Acumen since October 2021, following the approval of bitcoin as legal tender in the Central American country. In parallel, it holds negotiations with different crypto lending platforms looking to provide loans to Salvadoran SMEs, Steiner said, adding that, if signed, the agreements could total $200 […]

Crypto News

Cardano Founder Charles Hoskinson Lays Out 2022 Plans

Public DeFi applications are absent on Cardano in December 2021, but that’s not deterring Hoskinson from visualizing widespread activity on the network in 2022. “A real person in Kenya or somewhere with a blockchain-based identity and credit score, stablecoin on the other side, Cardano is the settlement rail,” he said.

Crypto News

Melania Trump Pitches NFT Plans; ‘Cobalt Blue Eyes’ Captivate Crypto Twitter

Former First Lady Melania Trump captivated the Twittersphere on Thursday with the announcement that she’s launching her own NFT platform. Her debut non-fungible token release is titled “Melania’s Vision,” and features watercolor style artwork of her own cobalt blue eyes, “providing the collector with an amulet to inspire,” according to a press release. Excited for […]

Crypto News

Brazil Stock Exchange B3 Plans to Enter Crypto Market in 2022: Report

Brazil’s only stock exchange, B3, plans to enter the crypto market in 2022, InfoMoney reported, citing a Dec. 10 presentation from B3 President Gilson Finkelsztain. B3 is exploring opportunities in the asset tokenization, digital asset custody and crypto-as-a-service (CaaS) segments, InfoMoney reported. The San Pablo-based stock exchange is also considering services to facilitate over-the-counter (OTC) […]

Crypto News

Binance Singapore Drops Crypto License Plans in City-State

Effective immediately, Binance Singapore will not accept any new users, and will not allow existing users to deposit assets on the exchange. Users can continue trading in crypto until Jan. 12, 2022. After that, they will only be able to withdraw crypto and fiat assets to third-party platforms, until Feb. 13.

Crypto News

Crypto Fans Rejoice, Gamers Revolt as Ubisoft Announces NFT Plans

Gaming giant Ubisoft is building non-fungible tokens (NFT) into its latest “Tom Clancy” title, the company announced Tuesday. And some gamers are peeved. On one side of the argument are crypto investors and observers heralding the move as a bellwether of things to come: The integration marks the first time a mainstream video game is […]

Crypto News

Binance Hires in UK, Plans to Seek FCA Approval for Launch: Report

Just months after the U.K.’s Financial Conduct Authority (FCA) said Binance should not be operating in the country, the world’s largest crypto exchange said it has hired staff and plans for file for regulatory approval. CEO Changpeng “CZ” Zhao told the Sunday Telegraph that relations have improved since its ban in June.