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South Korea's FSS blocks Bitcoin ETFs and investments in firms like Coinbase, citing outdated regulations. South Korea FSS

South Korea's FSS blocks Bitcoin ETFs and investments in firms like Coinbase, citing outdated regulations.

BY OxiFinance November 21, 2024

South Korea’s Financial Supervisory Service (FSS) has blocked the launch of Bitcoin spot and futures ETFs, as well as funds investing in cryptocurrency-related companies like Coinbase. Despite the gr…

El Salvador unveils its first regulated tokenized U.S. Treasuries offering tokenized U.S. Treasuries

El Salvador unveils its first regulated tokenized U.S. Treasuries offering

BY OxiFinance November 19, 2024

El Salvador, emerging as a hub for crypto innovation, has launched its first regulated tokenized T-Bill offering through a collaboration between NexBridge Digital Financial Solutions and Bitfinex Sec…

Paxos agrees to acquire Finland-based Membrane Finance to comply with EU regulations stablecoin issuer

Paxos agrees to acquire Finland-based Membrane Finance to comply with EU regulations

BY OxiFinance November 19, 2024

Stablecoin issuer Paxos has announced its agreement to acquire Membrane Finance, an electronic money institution licensed in Finland. This move positions Paxos to gain access to the European Union (E…

Binance launches BFUSD stablecoin, offering 19.55% APY for futures traders yield-bearing stablecoin

Binance launches BFUSD stablecoin, offering 19.55% APY for futures traders

BY OxiFinance November 19, 2024

Binance has introduced BFUSD, a yield-bearing stablecoin designed for futures and perpetual traders, according to a Nov. 18 announcement. Offering an annual percentage yield (APY) of 19.55%, BFUSD al…

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