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Voyager Digital set to reopen app for fund withdrawals

0xMain
June 15, 2023

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Voyager Digital, the crypto brokerage firm that filed for Chapter 11 bankruptcy almost a year ago, is preparing to reopen its app and enable customers to withdraw their funds. After a long wait, users can initiate withdrawals between June 20 and July 5....

EU firms up plans for introduction of digital euro

0xMain
June 14, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The European Union’s executive branch is set to propose a plan for a digital euro, mandating the ECB to establish usage regulations. The European Union’s executive branch is preparing...

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US Court grants Galaxy Digital victory, dismisses $100m BitGo lawsuit

0xMain
June 12, 2023

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The Delaware Court of Chancery has granted a motion by Galaxy Digital, resulting in the dismissal of BitGo’s case following the abandoned acquisition. Vice chancellor J. Travis Laster affirmed that Galaxy Digital had the right to terminate the acquisition of BitGo, asserting a...

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Russia’s biggest bank, Sberbank, to allow trading of digital assets in June

0xMain
June 11, 2023

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From June, Sberbank, the biggest bank in Russia, will allow accredited private investors to trade using digital financial assets (DFA). Sberbank to allow trading of DFAs in Russia According to local reports, Sberbank will allow clients to transact using DFA on its platform. However,...

Banks and digital asset firms to coexist in third wave of crypto adoption

0xMain
June 8, 2023

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The path to standardizing and upgrading cryptocurrency regulation across the globe has seen progress in recent years, as detailed in the recent panel discussion “Crypto Regulation in Europe: The Tipping Point” held during the Money20/20 event today. The panel was spearheaded by key...

Money20/20 decrypts the future of digital payments

0xMain
June 8, 2023

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In an era of digital transformation, blockchain and cryptocurrencies are disrupting conventional financial paradigms. The latest discussion from Money20/20, a leading fintech forum, brought together Myles Stephenson, founder & CEO of Modulr, Sendi Young, Europe & UK managing director of ripple, and David...

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Circle receives digital token license in Singapore

0xMain
June 8, 2023

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Circle, the issuer of the USDC stablecoin, is expanding its presence in the Asian market with a new license to operate in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted the company’s Singapore division, affiliated with Circle Internet...

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Marathon Digital Holdings mined $33.8 million of bitcoin in May

0xMain
June 3, 2023

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Marathon Digital Holdings, Inc., a bitcoin mining and blockchain technology company, shared updates regarding its bitcoin production and mining operations for May 2023. The firm also revealed that it mined 1,245 bitcoin (BTC) in May, a 77% increase from April and a 366%...

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Swiss digital asset infrastructure platform Taurus integrates with Polygon

0xMain
June 2, 2023

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Swiss digital asset service provider, Taurus, has formed an alliance with Ethereum blockchain scaling network, Polygon. Switzerland-based Taurus, a provider of services including custody, tokenization, and trading of digital assets, has announced a strategic partnership with Polygon, an Ethereum scaling network. This partnership...

First Digital unveils Hong Kong-based USD stablecoin

0xMain
June 1, 2023

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Hong Kong-based trust company First Digital is set to introduce a new stablecoin, “First Digital USD” (FDUSD), which will be pegged to the US dollar and regulated in Asia. In a June 1 release, First Digital announced that the stablecoin would be backed...