Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.
Coindesk
Crypto AI Tokens in Focus as DOGE, SHIB Rally Starts to Ease
Data from CoinGecko shows the AI token category was up 25% on average in the past 24 hours, compared to bitcoin’s 0.3% increase.
Nigeria’s SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report
Nigeria’s government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.
Pantera Looks to Purchase Discounted Solana Tokens With New Fund: Bloomberg
Prices of Solana’s SOL are up nearly 600% over the past year, CoinGecko data shows.
Hong Kong’s Central Bank Announces New Wholesale CBDC to Support Tokenization Market
Project Ensemble will “seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money,” HKMA said.
Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets
The upgrade is the first step toward enabling the network’s rollup-centric roadmap, the report said.
Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange
Interest in ETH and SOL has increased substantially over the past few months and the ETPs will contribute to greater access to staking rewards for a wide audience, Figment said.
Bitcoin Trade That Gave Bankman-Fried His Millions Returns in South Korea
Local market observers pointed out that the so-called “Kimchi premium” crossed a two-year high mark on Thursday.
Cryptography Firm Zama Raises $73M for ‘Fully Homomorphic Encryption’ Apps
The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The ‘FHE’ technology allows for processing of encrypted data, useful for privacy in blockchain and AI.
BlockFi Settles With FTX, Alameda Estates for $874.5M
The settlement with FTX and Alameda Research is a key part of BlockFi’s bankruptcy and reorganization plan.