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Ripple Gets License Formally Approved in Singapore

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Ripple’s Singapore division has obtained a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to continue providing digital payment token services in the fast-growing region. It is the second good news for Ripple in the last eight hours. “Singapore has emerged as a leading fintech and…

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Ethereum generates over $10 billion in revenue in 7 years

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Ethereum, the world’s most valuable smart contract platform, has generated more than $10 billion in revenue in a record seven years. At this rate, Ethereum reached this milestone faster than most major technology companies except Alphabet. Ethereum Reached $10 Billion Milestone Faster Than Microsoft and Zoom Records showed that Ethereum took about seven years to…

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Bybit adds PayPal USD stablecoin, PYUSD, to its platform

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Bybit, a Dubai-based cryptocurrency exchange, announced the listing of the PayPal USD stablecoin, PYUSD. PYUSD is a stable coin issued by Paxos, a regulated financial company based in New York. The listing of PYUSD marks a significant collaboration between Bybit and PayPal, two leading players in the traditional and crypto payments sectors. By integrating PYUSD…

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PayPal Allows US Users to Sell Cryptocurrencies Through MetaMask Wallet

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PayPal continues to expand its digital asset services, integrating new methods of selling cryptocurrencies like Bitcoin. Global payments giant PayPal continues to expand its digital asset services by integrating new methods of selling cryptocurrencies like Bitcoin (BTC). On September 11, PayPal officially introduced new on- and off-ramps for Web3 payments, allowing US users to convert…

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Bitcoin Gold Investments – bitcoingoldinvestments.net

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The demand for Bitcoin Gold Investments has risen substantially as investors increasingly seek safety from paper investments through precious metals. As an alternative to floundering stocks and real estate investments both gold and silver have flourished over the last nine years. This higher demand for gold based assets has increased both metals values by more…

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Bitcoin falls below $26,000 in crypto market turmoil; $1 Billion Liquidated Amid Major Currency Slumps

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Bitcoin value briefly dipped below the $26K threshold at 5:50 PM. ET on Thursday before quickly breaking above the $26,000 benchmark. At the same time, the expansive cryptocurrency backdrop saw an 8% drop against the US Dollar, teetering dangerously close to falling below the $1 trillion threshold. Additionally, a staggering $1 billion worth of derivatives…

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Custodia Bank Goes Live: Merging Digital Assets with US Dollar Payments

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Banco Custodia is now available, a financial institution that aims to link digital assets to the payment system in US dollars. Last month, Custody began serving external business clients in select US states, offering US dollar deposits and government money market fund services, with bitcoin custody pending launch. The launch comes after overcoming regulatory pressures…

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Bitrefill adds support for eSIM purchases with cryptocurrencies

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Bitcoin-compatible mobile recharge platform Bitrefill has announced support for eSIM purchases with multiple cryptocurrencies. The service will allow travelers to have access to fast internet in different countries across the world after purchasing prepaid data plans using their digital currencies. You can now buy Bitrefill eSIM cards using your Crypto Wallet Bitrefill, a popular site…

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Bitstamp is raising funds to expand services in Asia and Europe

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Bitstamp seeks to expand the number of markets it serves Bitstamp, one of the oldest cryptocurrency exchanges, revealed that it is currently in talks with investors to raise new funds. This is according to Bitstamp CEO Jean-Baptiste Graftieaux. The CEO told Bloomberg that the cryptocurrency exchange started the fundraising process a few weeks ago, with…