Virtual Assets 🚀

The latest virtual asset news. Virtual assets, encompassing cryptocurrency, digital items in games, virtual world properties, and virtual reality experiences, signify a revolutionary shift in the digital economy. These assets blend technology and economics, redefining value exchange in digital realms. Virtual assets are pivotal in transforming industries, offering new ways to engage with content, invest, and interact in immersive environments.

📡 Latest Virtual Assets News

Abu Dhabi Approves Tether's USDT

Abu Dhabi Approves Tether's USDT

December 10, 2024 Abu Dhabi Tether USDT

Abu Dhabi's Financial Services Regulatory Authority (FSRA) has approved Tether's USDT as an accepted virtual asset in the Abu Dhabi Global Market (ADGM), marking a significant development in the UAE's digital finance landscape. This regulatory recognition enables authorized entities within ADGM to offer USDT-related

Abu Dhabi's Tokenized Treasury Fund in a Growing Crypto Hub

Abu Dhabi's Tokenized Treasury Fund in a Growing Crypto Hub

November 13, 2024 Abu Dhabi Tokenization ADGM

Abu Dhabi's emergence as a cryptocurrency powerhouse reached a new milestone as Neovision Wealth Management unveiled its innovative tokenized U.S. Treasury fund, showcasing the emirate's commitment to bridging traditional finance with virtual asset innovation. The strategic partnership with Realize for the T-BILLS Fund demonstrates Abu

Swiss Fintech Virtual Assets Lab Launches Next-Gen Stablecoin Platform, Eyes Global Expansion

Swiss Fintech Virtual Assets Lab Launches Next-Gen Stablecoin Platform, Eyes Global Expansion

November 12, 2024 switzerland Stablecoin Virtual Assets

Virtual Assets Lab (VAL), a Swiss-based financial technology company, has unveiled its next-generation stablecoin management and wallet platform, marking a significant milestone in the convergence of traditional and digital finance. The Zug-headquartered company's launch comes amid growing institutional interest in virtual asset infrastructure and regulated stablecoin solutions. Platform

AI's Next Frontier Demands Programmable Money: Why Cryptocurrency Infrastructure Is Critical for AI

AI's Next Frontier Demands Programmable Money: Why Cryptocurrency Infrastructure Is Critical for AI

November 12, 2024 Artificial Intelligence Virtual Assets Cryptocurrency

The artificial intelligence revolution isn't just about processing power and algorithms anymore. As the AI systems evolve from experimental projects on Github into autonomous economic agents, they're exposing a critical gap in our financial infrastructure: the need for programmable money and virtual assets that can move

Cryptocurrency Markets Surge as Trump's Return Signals New Era for Virtual Assets

Cryptocurrency Markets Surge as Trump's Return Signals New Era for Virtual Assets

November 12, 2024 Cryptocurrency Donald Trump Bitcoin

Record-Breaking Market Dynamics The cryptocurrency market has reached an unprecedented milestone, with total market capitalization hitting $2.97 trillion, surpassing previous records. Bitcoin, the flagship cryptocurrency, is trading at $89,675, its all-time high, demonstrating the market's robust momentum and institutional confidence. Trump's Crypto-Friendly Stance and

Virtual Assets Take Center Stage in the 2024 U.S. Presidential Election

Virtual Assets Take Center Stage in the 2024 U.S. Presidential Election

June 24, 2024 US Politics Virtual Assets

As the 2024 U.S. presidential election approaches, virtual assets such as cryptocurrencies and Central Bank Digital Currencies (CBDCs) are becoming increasingly influential in both the financial sector and political spheres. This surge in relevance reflects broader trends of digital transformation and shifts in regulatory landscapes across various jurisdictions, with

South Korea Regulating Top NFT Collections as Virtual Assets

South Korea Regulating Top NFT Collections as Virtual Assets

June 12, 2024 South Korea Virtual Assets NFTs

South Korea's Financial Services Commission (FSC) has issued new guidelines to regulate non-fungible tokens (NFTs) as virtual assets under certain conditions, providing much-needed clarity in the rapidly evolving crypto and digital asset space. The move comes ahead of the nation's first comprehensive crypto regulatory framework, the

Robinhood Expands Crypto Reach with $200M Bitstamp Purchase

Robinhood Expands Crypto Reach with $200M Bitstamp Purchase

June 7, 2024 Robinhood Virtual Assets Cryptocurrency

Robinhood Markets Inc (NASDAQ:HOOD) announced on Thursday its plans to acquire Bitstamp, one of the oldest and most established cryptocurrency exchanges, for $200 million in an all-cash deal. The acquisition is slated to close in the first half of 2025. Acquisition Details The acquisition will provide Robinhood with access

Hong Kong Advances Virtual Assets Regulation with 11 Exchange Approvals

Hong Kong Advances Virtual Assets Regulation with 11 Exchange Approvals

June 6, 2024 Hong Kong Virtual Assets Web3

Hong Kong has been making significant strides in establishing itself as a global hub for virtual assets and Web3 technologies. However, the city's regulatory landscape has been a topic of much discussion, particularly in light of recent developments surrounding the licensing of cryptocurrency exchanges. Over the past week,

Berkshire Hathaway Stock Price Glitch Highlights Advantages of Blockchain and Cryptocurrencies

Berkshire Hathaway Stock Price Glitch Highlights Advantages of Blockchain and Cryptocurrencies

June 3, 2024 Blockchain Cryptocurrency Decentralized

On Monday, June 3, 2024, a technical glitch at the New York Stock Exchange (NYSE) caused a dramatic drop in the stock price of Warren Buffett's Berkshire Hathaway Inc. The company's Class A shares (BRK.A) plummeted by nearly 100%, from over $620,000 to just

BlackRock's Bitcoin ETF Surpasses Grayscale to Become World's Largest

BlackRock's Bitcoin ETF Surpasses Grayscale to Become World's Largest

May 30, 2024 Bitcoin Bitcoin ETF BlackRock

BlackRock's iShares Bitcoin Trust (IBIT) has become the world's largest bitcoin fund, amassing nearly $20 billion US in assets since its U.S. listing in January, surpassing the long-standing leader Grayscale Bitcoin Trust (GBTC). As of May 30, 2024, IBIT held $19.68 billion worth of

PayPal Expands PYUSD Stablecoin to Solana Blockchain for Faster, Cheaper Transactions

PayPal Expands PYUSD Stablecoin to Solana Blockchain for Faster, Cheaper Transactions

May 29, 2024 Stablecoin PayPal PYUSD

PayPal has announced the expansion of its PayPal USD (PYUSD) stablecoin to the Solana blockchain. The online payments giant, which became the first major financial company to introduce a stablecoin in August 2023, aims to provide users with faster and more cost-effective transactions by leveraging Solana's high-speed, low-cost