DigiFT to Tokenize $6.3 Billion Invesco Credit Fund for Institutional Investors

DigiFT, a licensed blockchain exchange in Singapore, has partnered with Invesco to tokenize a $6.3 billion private credit fund, allowing accredited and institutional investors to gain exposure via USD, USDC, and USDT. This move highlights the growing demand for tokenized real-world assets (RWAs) in the financial sector. Invesco and DigiFT Partner to Launch Tokenized Private … Read more

Does TAO Coin Bring New Life to Crypto?

The cryptocurrency market remains largely stagnant, with altcoins continuing to face decline. Since mid-December, traders have expressed dissatisfaction with the uninspiring trends, prompting many to adopt a wait-and-see approach. However, a beacon of optimism emerged recently with centralized exchanges continuing to list new coins, a sign that not all is bleak. What Excites Investors About … Read more

Binance Faces Massive $81.5 Billion Lawsuit From Nigerian Government

Nigeria has sued Binance for $81.5 billion for running an unlicensed operation and tax evasion. Nigeria Demands Binance Pay for Economic Harm The Nigerian government has reportedly filed a lawsuit against Binance, seeking $79.5 billion in compensation for “economic losses” and $2 billion in back taxes. The lawsuit, filed in Federal High Court in Abuja, … Read more

Nigeria Revises Rules to Tax Crypto Exchanges

Nigeria plans to tax crypto transactions, boosting revenue and regulation. New SEC rules ensure compliance, while licensing expands to central exchanges. Nigeria is planning to tax cryptocurrency transactions to increase government revenue. It also aims to regulate digital assets and bring them under the formal tax system. Bloomberg reports that Nigeria plans to grant complete … Read more

EToro Secures MiCA License From Cyprus CySEC to Offer Crypto Services Across EEA

EToro said it received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework and will soon be able to provide cryptocurrency trading and custody services across the region. The trading platform announced the approval from the Cyprus Securities Exchange Commission on Wednesday. The MiCA regulation that requires firms to acquire a crypto asset … Read more

Monero is Trading 29.10% Above Our Price Prediction for Feb 24, 2025

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. … Read more