Bitpanda Gains FCA Approval to
Austrian cryptocurrency exchange Bitpanda has received approval from the United Kingdom’s Financial Conduct Authority (FCA) to operate in the country,
Asset peg in cryptocurrency refers to the practice of tying the value of a digital asset to that of a more stable and established asset, such as a fiat currency or a commodity. This is done in order to minimize the volatility that is often associated with cryptocurrencies.
By pegging the value of a digital asset to a more stable asset, users can have more confidence in its value and make it easier to exchange and trade. This is particularly useful in situations where price stability is important, such as in everyday transactions or for businesses looking to hedge against price fluctuations.
There are different methods of implementing asset pegs, including using a reserve of the stable asset to back the value of the digital asset or using algorithms to maintain the peg. The goal is to create a reliable and trustworthy system that maintains the stability of the digital asset’s value in relation to the pegged asset.
Austrian cryptocurrency exchange Bitpanda has received approval from the United Kingdom’s Financial Conduct Authority (FCA) to operate in the country,
Cryptocurrency exchange Gemini has received in-principle approval from Malta’s financial regulator for an Investment Firm license, a step toward expanding
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Brazil’s central bank chief, Gabriel Galipolo, announced that the use of crypto assets in the country had surged significantly over
Tether, the issuer of the world’s largest stablecoin, has signed a Memorandum of Understanding with Reelly Tech, a UAE-based real
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Cryptocurrency exchange Coinbase has secured registration as a Virtual Asset Service Provider (VASP) from the U.K. Financial Conduct Authority (FCA),
Are you looking for a way to capitalize on the growing cryptocurrency market and earn substantial passive income without trading
Grayscale Investments, a leading cryptocurrency asset management firm, announced Friday the launch of the Grayscale Dogecoin Trust, offering accredited investors