Crypto News
Gate Secures Key VASP License in Dubai, Eyes Regional Growth
The United Arab Emirates division of the cryptocurrency exchange Gate has secured a license from Dubai’s Virtual Assets Regulatory Authority, allowing it to offer exchange services to institutional and retail investors. Gate’s Commitment to Operating Within Legal Frameworks Gate Technology FZE, the United Arab Emirates (UAE) division of the cryptocurrency exchange Gate Group, has beenSource link
OpenAI Rolls Back ChatGPT Update After User Pushback Over ‘Sycophantic’ Behavior
The decision follows days of backlash on Reddit, X, and elsewhere, where users had labeled ChatGPT's tone as disingenuous and manipulative.Source link
Telegram’s TON Takes On Real World Assets With Libre’s $500M Tokenized Bond Fund
Libre, a tokenization firm that works closely with the likes of hedge fund Brevan Howard, investment management firm Hamilton Lane and Nomura's digital assets unit Laser Digital, plans to tokenize $500 million worth of Telegram debt as the blockchain-based Telegram Bond Fund (TBF) on the TON network that's linked to the messaging platform.TBF will offer accredited investors exposure to some of the around $2.4 billion of outstanding bonds issued by Telegram, providing institutional-grade yield products that will also be available as collateral for on-chain borrowing and product development on TON, Libre said.“What we’ve created is like a fixed income fund that acquires the bonds and then we tokenize the fund,” Libre CEO Avtar Sehra in an interview. “When you purchase...
UAE Greenlights Stablecoin Issuer Circle as Money Services Provider
Stablecoin issuer Circle has secured In-Principle Approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to operate as a money services provider. Circle Eyes Greater Role in UAE Circle Internet Group, the leading global financial technology company and issuer of the USDC stablecoin, has received In-Principle Approval (IPA) from theSource link
Green Bitcoin? Over 52% of Mining Now Uses Sustainable Energy
The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling over 80% of reported activity. Bitcoin mining is now 52.4% reliant on sustainable energy, with hydropower (23.4%) and wind (15.4%) as leading sources. North America Dominance According to the latest Cambridge Centre for Alternative FinanceSource link