This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Crypto.com will provide US equities trading after broker-dealer acquisition
The Securities and Exchange Commission (SEC) has registered the broker in New Hampshire, and it is a member of the Financial Industry Regulatory Authority (FINRA), a self-regulatory organization that establishes and enforces regulations for brokerage firms…[continue reading]
2) SafePal Telegram Wallet Debuts with Swiss Bank Accounts and CeDeFi
The SafePal Telegram Wallet integration facilitates seamless crypto and fiat transactions, thereby improving access to crypto banking with Swiss compliance. 950 million users can establish compliant crypto-friendly Swiss bank accounts with SafePal Telegram Wallet, which supports Visa card transactions and integrates CeDeFi…[continue reading]
3) UBS announces Ethereum based money market fund
In a press release, UBS stated that the fund offers investors access to “high-quality money market instruments based on a prudent, risk-managed framework,” although it did not specify the specific financial instruments that comprised the fund…[continue reading]
4) Bank of Japan maintains monetary policy amid election uncertainties
Despite the increasing ambiguity surrounding the country’s elections, the Bank of Japan has elected to maintain its benchmark policy rate at 0.25%. Following the eagerly anticipated October 30 to 31 BOJ policy meeting, Governor Kazuo Ueda referenced the policy rate plans…[continue reading]
5) Telegram activity stimulates the adoption of cryptocurrency in Eastern Europe and Africa
A recent report has established a correlation between the global adoption of cryptocurrency and a surge in crypto-based Telegram activity. The data indicated that Africa and Eastern Europe have been the primary regions for acquiring new users in the past two years. It associated the trend with the rise in the use of the instant messaging application…[continue reading]
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