Opensea Acquires Rally to Enhance Mobile Experience and Token Trading Capabilities
Opensea has announced its acquisition of Rally, a move that aims to enhance its mobile and token trading capabilities. Chris Maddern, the new Chief Technology Officer of Opensea, expressed excitement about the acquisition, highlighting that the Rally team brings valuable expertise to the company. The integration of Rally is expected to supercharge a new mobile […] Powered by...
Sequans Communications Raises $384 Million to Purchase Bitcoin
Sequans Communications (NYSE: SQNS), a French semiconductor company, announced on Tuesday that it has successfully closed a $384 million private placement offering and will use the proceeds to buy bitcoin. Sequans has also struck a partnership with U.S.-based Swan Bitcoin, a financial services firm that specializes in bitcoin-focused wealth management. Swan will assist Sequans with […] Powered by...
Pakistan Unveils Independent Crypto Regulator to Align With FATF and Global Standards
On July 8, the Pakistan government announced the establishment of the Pakistan Virtual Assets Regulatory Authority, an independent body responsible for licensing, monitoring, and supervising virtual asset service providers (VASPs). Introduction of Virtual Assets and Trust The Pakistan government announced on July 8 the launch of the Pakistan Virtual Assets Regulatory Authority (PVARA), a body […] Powered by...
Tokenized Equities: Big Promise, Bigger Hurdles in the Race to Democratize Investing
The tokenization of equities, while seen as a promising way to democratize access to publicly listed company stocks, has not gained traction as expected. Proponents of tokenization argue that existing regulations block the widespread adoption of equity tokenization. The Slow Burn of Equity Tokenization: Hype Versus Reality Although the tokenization of equities is widely accepted […] Powered by...
Banking Giant BBVA Launches Crypto Trading for Retail Users in Spain
BBVA unleashes mainstream crypto access in Spain, letting millions seamlessly buy, sell, and hold bitcoin and ether directly within its mobile banking ecosystem. BBVA Ignites Crypto Frenzy With Bitcoin and Ether Now Live for Millions in Spain Banking giant Banco Bilbao Vizcaya Argentaria (BBVA) revealed last week that it has launched a cryptocurrency trading and […] Powered by...
TON Foundation Clarifies Details of Golden Visa Staking Program
The TON Foundation stated that this program resulted from an independent collaboration with a licensed partner, explaining that the UAE government had no direct involvement. “Application alone does not guarantee visa issuance,” the foundation emphasized, following the denials of involvement from government institutions regarding this initiative. TON Foundation Explains Status of Its 10-Year UAE Golden […] Powered by...