Coins, wallets & tokens

Insights: Toncoin (TON) Approved for Trading in Kazakhstan

The Financial Services and Regulatory Committee (AFSA) of Kazakhstan has given its approval for the trading of Toncoin (TON) on regulated exchanges. This decision comes after an audit that confirmed the digital asset’s compliance with the financial regulator’s listing criteria. Toncoin has been added to the list of 107 cryptocurrencies approved by the government of…

Coins, wallets & tokens

Rise of Memecoins: Impact on Cryptocurrency Market Sparks Controversy

Since the beginning of April, the cryptocurrency market has seen a surge in new token creation, with over one million new tokens coming into existence.  Ethereum alone has welcomed over 370,000 new tokens, while Solana has seen the launch of more than 640,000 new tokens, predominantly memecoins. During this period, the Ethereum network has introduced 372,642…

Blockchain
Retail and world adoption

Zetrix to Bring Web3 Services to Malaysian Economy with National Public Blockchain Infrastructure

Malaysia is building its national blockchain – the Malaysian Blockchain Infrastructure – in association with MIMOS Technology Solutions, and Zetrix, a base layer blockchain developed by MYEG. The MoU for the proposed infrastructure was signed on October 6, 2022. MBI will be used for brining Web3 solutions and services from private as well as government…

The largest bank in Russia launches first blockchain-based ETF in the nation

The largest bank in Russia, Sberbank has launched what it said is the nation’s first exchange traded fund (ETF) to offer exposure to firms involved in the blockchain industry. In a statement, the bank said that called the Sberbank Blockchain Economy ETF, the fund from Sber Asset Management trades on the Russian stock market under…