Date archive: March 13, 2024

The European Banking Authority (EBA) published the draft rules for complaint procedures for issuers of Asset Referenced Tokens (ART) on March 13. The EBA has been working with the European Securities and Markets Authority (ESMA) to draft the Regulatory Technical Standards (RTS). These regulatory standards are part of the MiCA regulations for stablecoins. The European Banking Authority (EBA)... The...

The upgrade of Ethereum's Dencun went live on the main network on March 13, 2024 at 13:55 UTC. The upgrade introduces "blobs" that will result in a significant reduction in transaction fees for Layer 2 protocols. Ethereum's core developers have enabled the Dencun upgrade on the main network, with the much-awaited implementation in...

Thailand's cabinet has approved a tax exemption for crypto earnings, according to local media outlet Bangkok Post. The new measures will come into force on 1 January 2024. The Thai government expects to raise 18.5 billion baht through investments in tokens. Thailand has approved a tax exemption targeting crypto holders as the country makes it easier to fundraise...

KangaMoon (KANG) is a new meme coin that focuses on usefulness through SocialFi and Play-to-Earn (P2E) gaming. Top meme coins, including Dogecoin, Shiba Inu, and Bonk, are seeing a bullish trend as the Bitcoin (BTC) price surges above $73k. KangaMoon, which has raised over $1 million, is offering its community the chance to raise more...

Vega is launching a derivatives market for crypto points, starting with EigenLayer. Vega aims to allow users to hedge point values and offers cash-settled futures contracts. Other platforms like Whales Market and Pendle also make it easier to trade points. Vega, a derivatives network, has launched a groundbreaking initiative in the cryptocurrency space,...

TRON DAO and Token Terminal are working together to integrate TRON network data. The integration improves the analysis of TRON's on-chain activities. Tronix (TRX) has been selected for inclusion in the MarketVector token Terminal Fundamental Index Suite. TRON DAO and Token Terminal have joined forces in a groundbreaking collaboration by bringing TRON network data into...

Nigeria is demanding Binance user data due to Naira speculation. Binance executives arrested in Abuja, diplomatic tensions rise. The international response to the detention increases the complexity of the conflict. As Nigeria struggles with economic challenges, including currency devaluation, Binance is pushing for crucial user data due to allegations of currency speculation. The country is tightening its...

Patient Capital Management is switching from Grayscale to Bitcoin ETPs to diversify its investment portfolio. An updated SEC filing shows that the firm Grayscale has replaced Bitcoin Trust with Bitcoin ETPs. The firm plans to invest $200 million in Bitcoin ETPs. Patient Capital Management, a prominent asset management firm with $1.4 billion...