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Hong Kong Adopts Change Establishing VASP License System

  Hong Kong’s Legislative Council approved the Anti-Money Laundering and Counter-Terrorist Financing Amendment. This amendment provides a licensing system for virtual asset service providers (VASPs). The Anti-Money Laundering and Counter-Terrorist Financing Amendment (Amendment Bill 2022) further mandates that VASPs keep…

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Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limit to Less than $44 Per Day

  The Central Bank of Nigeria (CBN), in a new directive for financial institutions, stated that individuals can withdraw less than $222 per week, while corporations can withdraw no more than $1,111 per week. These new limits are in line…

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Cross-chain InteroperabilityNet Axelar integrates with Arbitrum

  Axelar, a cross-chain interoperability network, announced that it has integrated Layer 2 Optimistic Rolleup Arbitrum. Users can now transfer assets to Arbitrum via Satellite from other chains connected with Axelar. This is Axelar’s cross-chain transfer application. Axelar delivers secure…

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Chainlink’s (LINK), Price Dropped from $9 to $6

  Chainlink’s pricing performance has been excellent over the past few months. Its underlying token’s price soared from $6 – $9, giving its holders an 40% return. Never has the saying “Buy the Rumor, Sell the News” been more true….

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Worst Polkadot tokens this week: Ankr, Chainlink, Ankr and Polkadot

  Worst Polkadot tokens this week: Today’s slight increase in the value of the Polkadot tokens has been a sign of optimism. Some of the most important tokens in the chain have fallen in the last 7 days. Bestay has…