Altcoin News

Paxos to Launch Dollar-Backed Stablecoin

Paxos, a cryptocurrency brokerage, has obtained preliminary regulatory approval in Singapore to offer digital payment token services, aiming to launch a U.S. dollar-backed stablecoin upon receiving full approval. This move follows their initial license acquisition in Singapore for tokenization and custody services.

Unlocking Potential: Solana’s Blockchain Incubator

On October 26, Solana Labs unveiled a brand-new incubator initiative aimed at fostering the growth of projects on the Solana blockchain. Named the Solana...

SHIBA’s Wild Ride: From 3,000% Surge to 84% Plunge

A new meme-inspired cryptocurrency named Shiba ($SHIBA), which has self-dubbed itself as the “Birth of a New King,” experienced a staggering 3,000% increase in...

Tracking the Rise of China’s Digital Currency in Global Markets

On Friday, state media reported that an official from China's foreign exchange regulator mentioned the "programmable features" of a central bank digital currency (CBDC)...

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