The Financial Services Agency (FSA) of Japan has begun consultations about placing tougher restrictions on cryptocurrencies in an effort to better safeguard Japanese investors. The new rule will be aimed at enhancing investor protection in Japan. Earlier this year, the FSA created a specialized department and a panel of financial specialists to assist the government

The Avalanche (AVAX) Rush is showing no signs of slowing down as it partners with SushiSwap for a soon-to-be-launched joint incentive program. SushiSwap Arrives on Avalanche Network Community-driven decentralized finance (DeFi) protocol SushiSwap is joining in the Avalanche bandwagon, the smart contract platform announced today. The Avalanche Foundation today declared it would launch a joint

Crypto.com NFT—a Crypto.org Chain-based platform for minting digital art–and DRESSX are partnering in a deal leading to the creation of the DRESSX NFT store on the Crypto.com NFT. DRESSX and Crypto.com NFT Deal In a press release on August 24, it marks the first time an NFT-dedicated portal is making forays into the multi-billion dollar

China’s Dalian Commodity Exchange has successfully used the digital yuan for fees settlement in the nation’s futures market, making it the first real application of the People’s Bank of China (PBoC) issued digital currency in the finance sector, according to a report by China Securities News Network on August 23, 2021. Digital Yuan Facilitates Cost-Efficient Payment 

If you’ve been keeping up with developments in the crypto community over the past few months, you’ve probably already heard the words ‘layer-2’ and ‘sidechains’ being thrown around.  There’s a reason behind this: as demand for Ethereum has surged over the past few months, some of the cracks in its model have been beginning to

President Nayib Bukele of El Salvador has reassured residents that the Bitcoin Law implementation scheduled for September 7 will have positive life-changing effects on the masses, contrary to the “lies” being spread by members of the opposition party, according to a Twitter thread on August 23, 2021. El Salvador’s Bitcoin Integration Push Goes On At

Public Mint — which links the traditional finance world with the innovative world of crypto– saw over $1 million worth of MINT moved from Ethereum in the first 24 hours following the launch of the MINT Rewards Program on August 16. Migration of MINT Tokens from Ethereum Into the Public Mint Network According to Public

Tezos blockchain is being tapped by three major Swiss crypto-based firms to offer tokenized assets to institutional clients. Issuing Tokenized Assets on Tezos Tezos (XTZ), a proof-of-stake (PoS) consensus algorithm smart contract platform is being used to offer tokenized assets to institutional clients by three crypto-focused companies in Switzerland. Specifically, Crypto Finance, InCore Bank, and

West Reading, Pennsylvania-based Customers Bank is the latest bank to join the list of FDIC-insured institutions in the country keen on working with cryptocurrency companies. Customers Bank to Work with Crypto Firms For the uninitiated, Customers Bank boasts about $19.6 billion in assets and, at present, commands assets worth of 0.52% of the size of

Visa has announced that it has successfully added a CryptoPunk NFT (non-fungible token) to its collection of historic artifacts. The firm says it sees a future where NFTs will play an important role in commerce, reports The Block on August 23, 2021. Visa Buys First NFT Digital collectibles, also known as non-fungible tokens (NFTs) are