A newly-created token named after the ‘Pepe the Frog’ meme has recently taken the meme-coin crown, hitting a market cap of half a billion dollars within two weeks of launch.
The Hong Kong Monetary Authority has issued a statement reminding banks in the territory that they should not be refusing service to crypto-related enterprises, following complaints of difficulties for some businesses in opening accounts.
Despite what many both crypto and mainstream news outlets would have you believe, Twitter does not now let users purchase cryptocurrency and stocks directly through the app.
The financial services firm led a $36 million series A funding round to become Zodia’s second-largest shareholder. The money will fund geographic expansion, increased token coverage and enhancements to its settlement product, Interchange.
In a speech earlier this month, the Deputy Governor of the Bank of England outlined four areas where the tokenization of money is now actively being explored by the United Kingdom’s central bank.
Bank of America looks increasingly bullish on BTC at the moment, with a backdoor investment in the cryptocurrency pioneer via a heavy accumulation of shares in the United States’ favourite bitcoin-ETF proxy, MicroStrategy.
Bank of America has highlighted the tokenization of real-world assets, including funds, equities, and commodities such as gold, as a “key driver of digital asset adoption.”
SG-FORGE, the crypto-focused subsidiary of France’s Societe Generale, is launching its Euro-pegged stablecoin, EUR CoinVertible, on the Ethereum public blockchain.
