Upbit Secures MPI License for Crypto Expansion in Singapore
South Korean exchange Upbit has successfully acquired a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This achievement paves the way for Upbit to expand its digital payment token (DPT) services within the vibrant Southeast Asian market. The acquisition of the MPI license marks a milestone for Upbit, following its receipt […]
Ripple’s XRP Strategy: CTO David Schwartz Sheds Light
Ripple’s Chief Technology Officer, David Schwartz, recently revealed some intriguing details about the company’s strategy regarding its XRP holdings. In a series of tweets, Schwartz responded to user inquiries, providing insights into Ripple’s original plans for XRP and current stance on their crypto assets. Ripple’s XRP Holdings: A Dual Category Approach Ripple’s XRP assets are […]
Bitcoin ETF: A Step Towards Crypto Legitimization
The crypto community is abuzz with the possibility that this week may bring the long-awaited approval of a Bitcoin spot exchange-traded fund (ETF). Such a development would not only be a milestone for the world’s premier cryptocurrency but also signify its evolving maturity in the financial world. Amidst growing mainstream interest and Wall Street’s keen […]