The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
Disney enters metaverse by patenting its technology for theme parks The world’s largest media and theme park company was recently approved for a virtual…
RBI cautioned other major banks in bringing a quashed 3 year old circular to the fore in discussing the topic of cryptocurrency usage Other banks are encouraged to carry out customers due to diligence processes revolving around AML and KYC standard protocols, under the PMLA of 2002 The crypto…
The new DeFI Passport – ‘Sapphire V3’ will allow users to pseudonymously build and verify their credit reputation on-chain. Low collateral loans and high-yield farms are expected to be offered to users with high credit scores through several DeFi protocol integrations. Arcx has so far managed to raise $1.3…
Australians’ long-standing preference for real estate investment may be changing as younger Australians trust crypto more as an investment option. Millennials in Australia do not trust traditional investment platforms as much as people did in the past. Australia’s Younger generation is changing the dynamics around the idea of investing…
Google will partially lift its crypto ad ban on exchange and wallet ads after 3 years Exchanges must be registered with FinCEN as a Money Services Business or a federal or state-chartered bank entity Advertisers must ensure that their ads and landing pages comply with all Google Ads policies….
According to the OSC, Poloneix has never filed a prospect nor requested for an exception from the OSC. The crypto exchange is incorporated in the Republic of Seychelles but is offering its services to the residents of Ontario. The 19th of April 2021 was set as a deadline for…
SEC has been denied access to internal XRP sales documents Ripple argued in the court that the documents requested by the SEC are protected by attorney secrecy. Once the lawsuit against it is solved, Ripple will go Public soon. In a significant legal crypto development, Ripple secured yet another…