Elon Musk’s company X has been granted a license for money transmission in Nevada. Elon Musk’s X Receives Money Transmitter License In Nevada

Elon Musk’s X social media platform (formerly known as Twitter) has received a money transmitter license for payment…

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Grayscale’s cryptocurrency assets have increased by $1.2 billion within the past week, coinciding with a significant rise in the value of Bitcoin. Grayscale crypto holdings up $1.2 billion since last week as Bitcoin surges

Following a persistent decline in Bitcoin outflows from the Grayscale Bitcoin ETF, Bitcoin’s recent surge from $39,900 to over $43,500 has seen the value of Grayscale’s crypto holdings grow by $1.25 billion since the end of last week. While roughly 18,000 BTC has left the fund since Friday, as per Arkham Intelligence data, the price
The post Grayscale crypto holdings up $1.2 billion since last week as Bitcoin surges appeared first on CryptoSlate.

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German officials confiscate a historic amount of $2.17 billion in Bitcoin from a site involved in pirated content. German authorities seize record $2.17 billion in Bitcoin from piracy website

German authorities successfully confiscated 50,000 Bitcoin, valued at $2.17 billion, in mid-January from a piracy website, according to a Jan. 30 statement from the Saxony Police. The seizure is linked to an ongoing investigation into suspected unauthorized commercial exploitation of copyrighted works under the Copyright Act and subsequent commercial money laundering. The Federal Criminal Police
The post German authorities seize record $2.17 billion in Bitcoin from piracy website appeared first on CryptoSlate.

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Visa debit now enables cash withdrawal from crypto wallets without holding user funds. Non-custodial fiat off-ramp now available in crypto wallets via Visa debit

Crypto and NFT payments infrastructure company Transak has partnered with Visa to integrate Visa debit capabilities into its global off-ramp service. This move increases the options for crypto-to-fiat off-ramps, allowing users in over 145 countries to convert their crypto holdings into local fiat currencies. Using a product called Visa Direct, Transak will allow the fluid
The post Non-custodial fiat off-ramp now available in crypto wallets via Visa debit appeared first on CryptoSlate.

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StanChart predicts that the SEC will greenlight Ethereum-based exchange-traded funds in May. StanChart believes SEC will approve Ethereum ETFs in May

Standard Chartered Bank has projected that the U.S. Securities and Exchange Commission (SEC) will give the green light to spot Ethereum exchange-traded funds (ETFs) by May 23, The Block reported Jan. 30, citing a research report. This expectation mirrors the timeline and approach previously seen in the SEC’s approval process for spot Bitcoin ETFs. Ethereum’s
The post StanChart believes SEC will approve Ethereum ETFs in May appeared first on CryptoSlate.

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The quantity of USDC in circulation has significantly increased as Circle extends direct issuance of its stablecoin on the Celo platform to enhance payment transactions. USDC supply surge as Circle’s expands native issuance to Celo for better payments

Circle’s USD Coin (USDC) stablecoin has expanded to the Celo Network to enhance cross-border payments and peer-to-peer transactions. The Celo Foundation, in a Jan. 30 statement shared with CryptoSlate, highlighted the potential of this expansion to facilitate local currency conversions seamlessly. “USDC joins [Celo’s] ecosystem stablecoin use cases, including remittances, savings, lending, aid disbursement, peer-to-peer
The post USDC supply surge as Circle’s expands native issuance to Celo for better payments appeared first on CryptoSlate.

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The CEO of VanEck has identified two significant challenges in the tokenization of tangible assets. VanEck CEO says tokenization of real-world assets faces two major hurdles

Jan van Eck, CEO of the prominent global investment management firm VanEck, believes there are two major hurdles hindering the tokenization of real-world assets (RWAs). The CEO shared his insights on the matter during a recent interview with Raoul Pal. His remarks come in the wake of VanEck’s recent accomplishment of being among the 11 firms
The post VanEck CEO says tokenization of real-world assets faces two major hurdles appeared first on CryptoSlate.

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Visa debit now enables cash withdrawal from crypto wallets without holding user funds. Fiat off-ramp sem custódia agora disponível em carteiras cripto via débito Visa

Crypto and NFT payments infrastructure company Transak has partnered with Visa to integrate Visa debit capabilities into its global off-ramp service. This move increases the options for crypto-to-fiat off-ramps, allowing users in over 145 countries to convert their crypto holdings into local fiat currencies. Using a product called Visa Direct, Transak will allow the fluid
The post Non-custodial fiat off-ramp now available in crypto wallets via Visa debit appeared first on CryptoSlate.

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StanChart predicts that the SEC will greenlight Ethereum-based exchange-traded funds in May. StanChart acredita que a SEC aprovará ETFs Ethereum em maio

Standard Chartered Bank has projected that the U.S. Securities and Exchange Commission (SEC) will give the green light to spot Ethereum exchange-traded funds (ETFs) by May 23, The Block reported Jan. 30, citing a research report. This expectation mirrors the timeline and approach previously seen in the SEC’s approval process for spot Bitcoin ETFs. Ethereum’s
The post StanChart believes SEC will approve Ethereum ETFs in May appeared first on CryptoSlate.

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The quantity of USDC in circulation has significantly increased as Circle extends direct issuance of its stablecoin on the Celo platform to enhance payment transactions. Surto de oferta de USDC à medida que a Circle expande a emissão nativa para o Celo para melhores pagamentos

Circle’s USD Coin (USDC) stablecoin has expanded to the Celo Network to enhance cross-border payments and peer-to-peer transactions. The Celo Foundation, in a Jan. 30 statement shared with CryptoSlate, highlighted the potential of this expansion to facilitate local currency conversions seamlessly. “USDC joins [Celo’s] ecosystem stablecoin use cases, including remittances, savings, lending, aid disbursement, peer-to-peer
The post USDC supply surge as Circle’s expands native issuance to Celo for better payments appeared first on CryptoSlate.

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