Binance Card was launched in Argentina in partnership with Mastercard, allowing users to maker purchases using crypto at over 90 million merchants globally.
The card will not only allow customers to make payments using crypto, but also make cash ATM withdrawals, as well as earn up to 8% back on certain purchases.
Users of BlackRock’s institutional investment management platform Aladdin will soon have access to Bitcoin thanks to the new partnership with Coinbase Prime.
Shortly after the news were announced, Coinbase’s publicly traded shares jumped in price by 31%, forcing NASDAQ to briefly pause COIN trading due to volatility.
August 4, 2022, 5:27 PM
Coinbase CEO Brian Armstrong at Vanity Fair’s New Establishment Summit, October 2019.Vanity Fair
Introduced by crown prince Sheikh Hamdan, the new strategy hopes to attract more than 1,000 blockchain and metaverse projects, and support 40,000 virtual jobs by 2030.
Sheikh Hamdan pointed out that the “two key enablers of the metaverse”, virtual reality and augmented reality, have already created 6,700 jobs in the area, contributing $500 million to the UAE economy.
Crown Prince of Dubai Hamdan bin Mohammed Al Maktoum during a meeting with President of Ukraine Petro Poroshenko, Abu Dhabi, United Arab Emirates, 24 February, 2015. Drop of Light/Shutterstock
One of the main points in Shanghai’s five-year development plan was metaverse, with the government planning to fund more than 100 firms focused on virtual reality.
The city will also encourage the development and application of “blockchain+” technology, and the promotion of NFT trading platforms.
Panoramic view of Pudong business district, Shanghai, China. Nick N A/Shutterstock
GameStop has described its new platform as a “non-custodial, Ethereum Layer-2-based marketplace that enables parties to truly own their digital assets”.
The company said it plans to expand the NFT marketplace functionality over time, adding new categories such as web3 gaming, introducing more creators, and more.
One of the advantages of receiving a Major Payment Institution license is that it allows companies to provide Digital Payment Token services to customers in Singapore.
In order to acquire the license, Crypto.com was obliged to act in accordance with AML and CFT legislations, as well as comply with a number of legal demands.
Kris Marszalek, Co-Founder and CEO of Crypto.com, during RISE 2018 conference, Hong Kong, June 2018. Seb Daly/RISE via Sportsfile