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“# MiamiCoin generated $2K every 10 minutes for the city, says mayor ” Miami Mayor Francis Suarez has been celebrating the success of a recent initiative to fund municipal projects through the proceeds of a city-specific crypto protocol built atop the Bitcoin (BTC) blockchain. On Sept. 13, Miami’s city commissioners voted to accept funds generated…
“# Sorare scores $680M funding led by SoftBank to grow its NFT sport portfolio ” Sorare, a marketplace for nonfungible token (NFT) trading cards, has raised $680 million in a Series B funding round led by Japanese fintech giant SoftBank, resulting in a revised valuation of $4.3 billion for the platform. According to the company,…
“# Top Brazilian investment bank BTG Pactual launches crypto trading app ” Leading Brazilian investment bank BTG Pactual has launched a new platform enabling customers to make direct investments in cryptocurrencies. The bank’s Mynt platform currently allows users to purchase Bitcoin and Ether, with BTG Pactual expressing its intention to launch support for additional crypto…
“# Texas following El Salvador? Poll shows 37% of residents want crypto payments ” A new poll from Newsweek suggests that as many as 10.8 million Texans may support legislation that makes cryptocurrency legal in the next election. According to a Sept. 20 report, a Newsweek poll that surveyed more than 9,700 eligible voters across…
“# FTX crypto exchange expands to Bahamas with new registration ” FTX, one of the world’s largest cryptocurrency exchanges, continues expanding operations by inking major regulatory approval in The Bahamas. The Securities Commission of The Bahamas has registered FTX Digital Markets, the Bahamian subsidiary of the global FTX crypto exchange, as an official digital asset…
“# Indians opt for state-run blockchain platform amid bulk SMS regulations ” The Telecom Regulatory Authority of India (TRAI) established messaging regulations that require scrubbing consumer communication messages to ensure that the receiver of the message has opted in for such interactions. The drive is supported by BSNL DLT, a content verification platform built on…
“# Thai SEC issues license to Ethereum-based real estate project ” The Securities Exchange and Commission of Thailand (SEC) has a license to an asset-backed token offering service based on the Ethereum blockchain. Fraction, a wholly-owned subsidiary of the Hong Kong-based fintech firm Fraction Group, has received a license allowing it to list and trade…
“# ‘We are at war’ with crypto, says Turkish President Erdoğan ” Turkey is eager to become a blockchain hub as a country with one leg in Europe and another in Asia. However, the same passion doesn’t apply to cryptocurrencies, as Turkish President Recep Tayyib Erdoğan reiterated recently. Erdoğan hosted a question and answer event…
“# El Salvador acts on Bitcoin price dip and buys 150 BTC ” Despite warnings from global agencies regarding its adoption of Bitcoin (BTC), El Salvador’s government continues to seize market opportunities. As the Bitcoin price fell below $46,000 on Monday morning, Salvadoran President Nayib Bukele announced on Twitter that the country has “bought the…
“# California named ‘most crypto ready’ US state ” California has emerged as the most crypto-ready jurisdiction in the United States thanks to the proliferation of cryptocurrency ATMs and growing interest in digital assets among the state’s population, according to new industry research from review site Crypto Head. With a score of 5.72 out of…