Analyses

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Robinhood Launches Crypto Transfers in the EU

Brokerage firm Robinhood has announced the launch of crypto transfers in Europe, enabling EU customers to deposit and withdraw more than 20 crypto assets. Additionally, they offer a 1% yield on deposits. Supported assets include BTC, ETH, SOL, DOGE, SHIB, USDC, and more. With this move, Robinhood aims to make access to DeFi easier and more accessible for its clients.

Binance Now Officially Registered in Argentina

Binance has announced its official registration as a digital asset service provider in Argentina. The mobile and web applications are now available to Argentine users. This marks the crypto broker’s 20th regulatory registration worldwide.

UK Launches New Tokenization Program

The Bank of England (BoE) and the UK’s Financial Conduct Authority (FCA) have jointly announced the launch of the Digital Securities Sandbox (DSS) program. This initiative allows companies to explore the benefits of distributed ledger technology (DLT) for financial securities. Regulators highlighted that the DSS will facilitate the trading, settlement, and issuance of digital securities in the UK.

Börse Stuttgart Blockchain Test Successful

The Börse Stuttgart Group, Germany’s second-largest stock exchange, in collaboration with the European Central Bank (ECB), has successfully completed tests on using blockchain technology for securities settlement. By leveraging blockchain and central bank money interoperability, settlement times were reduced from two days to just a few minutes, with the process running efficiently, securely, and without counterparty risk.
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