Brazil to Get a Cashback Crypto Card Powered by Ripio

Ripio, a cryptocurrency firm based in Argentina has recently announced the launch of a new Visa card. The firm has announced it has launched a Visa card for users based in Brazil. Using the Visa card, the users will be able to make payments using cryptocurrencies. Ripio Launches a Crypto Visa Card The latest update … Read more

Singapore Authorities Collaborate With Banks To Explore DeFi

On Tuesday, Singapore’s deputy prime minister, Heng Swee Keat, told newsmen that the country is launching “project guardian.” The project will involve the launch of DeFi use cases. It would also seek to tokenize financial assets. Under this initiative, Singapore’s monetary authority (MAS) will partner with leading financial institutions and virtual asset providers. There will … Read more

Dubai Has Approved Calvin Cheng’s Proposal For A VASP License

Through his Web3 firm (FZE), Calvin Cheng will invest in projects that enable the integration of fashion, media, and entertainment into crypto. Dubai virtual asset regulatory authority (VARA) approved a provisional VASP license for Cheng’s FZE. VARA is the first regulator for digital assets globally. VARA is key to Dubai’s move towards accomplishing an economy … Read more

Meta Files Five New Trademark Applications

Various media outlets report that Meta has applied for five trademarks under the brand name “Meta pay.” According to the filing, Meta pay is an online social investment network that allows users to seamlessly complete their crypto and blockchain-related transactions. Platforms can also validate their authenticity and identity (where necessary) using the platform’s tools. Popular … Read more

SEC Commissioner Hester Peirce Backs A Regulatory Framework For Stablecoins

Securities and Exchange Commission (SEC) Commissioner – also known as the crypto mom – Hester Peirce, has supported the regulatory agenda related to stablecoins that permits room space for failure. While appearing at some online panel arranged on the behalf of the OMFIF (Official Monetary and Financial Institutions) – a policy organization – Peirce, having … Read more

Coinbase CEO Brian Armstrong Responds To Fears Of Bankruptcy Says Funds Are Completely Safe

Coinbase published a report in which the company shared its losses. Following this report, there’re circling rumours that in case the company goes bankrupt, clients can face a loss. These rumours are attracting people on social media. Coinbase Chief Executive Officer Brian Armstrong came forward and made it clear that clients’ funds are secure. That’s … Read more

US DOJ Announces Charges Against Florida CEO Over Involvement In A Cryptocurrency Fraud

The DOJ (Department of Justice) of the United States is leveling accusations against a crypto mining firm’s CEO for operating a worldwide investment scam project. As per a statement issued on the behalf of the DOJ, the founder as well as the chief executive of MCC (Mining Capital Coin), told a lie to the investors … Read more

US Treasury Secretary Reiterates Risks Associated With USD Pegged Tokens

Ex Fed chair and current US Treasury Secretary, Janet Yellen, has shared her insights concerning the crypto sector following the decline of Terra’s native token and stablecoin. Earlier in the week, TerraUSD (UST) declined massively to a new daily low of $0.7495, and within a few hours later, it slid further to $0.6134.  Then, on … Read more

US Treasury Department Has Issued First Sanctions Against Crypto Mixer Blender.io

The U.S. Treasury has declared that the crypto mixing service, Blender has dangerous connections to hackers in the region of North Korea and has been utilized for other criminal activities. Blender in Big Trouble According to the Office of Foreign Assets Control in the United States Treasury, cryptocurrency mixing service, Blender is supposedly involved in … Read more