Analyses
Daily News Summary 16/9
September 16, 2024

Soneium Strengthens with USDC
Circle, the stablecoin issuer, announced plans to extend the use of its USDC stablecoin to Sony’s new Ethereum Layer-2 blockchain network, Soneium. As part of the collaboration, the network will utilize the “bridged USDC” standard, with these tokens serving as substitutes for native USDC held on Ethereum.
Bybit Receives License in Dubai After 2 Years
The crypto broker Bybit has received a provisional license from Dubai’s Virtual Assets Regulatory Authority (VARA). This license marks a significant milestone in the company’s global expansion strategy, as Dubai’s strategic location, progressive policies, and innovation-driven environment provide unparalleled opportunities for businesses and investors in the crypto sector.