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🇨🇦 Kraken has officially secured a Restricted Dealer registration in Canada, reinforcing its commitment to serving Canadian crypto investors while adhering to enhanced investor protection guidelines for crypto exchanges! This follows a rigorous pre-registration undertaking process, ensuring that Kraken meets the highest industry standards in governance, security, and compliance. 🔒 Additionally, Kraken welcomes Cynthia Del Pozo as the new General Manager for North America, bringing nearly 15 years of experience in corporate development and fintech consulting. Del Pozo will lead Kraken's expansion efforts in Canada, a market that has seen significant growth in crypto adoption, with 30% of Canadian investors currently holding crypto assets. What are your thoughts on Kraken's expansion in Canada? Let us know! 💬
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Banks worldwide are turning their attention to stablecoins, and Itau Unibanco, Brazil's largest bank, is leading the charge! 🇧🇷 With over 55 million customers, they're exploring the possibility of launching their own stablecoin! Guto Antunes, head of digital assets at Itau, highlights that interest has surged following the U.S. government's evolving stance on crypto. Stablecoins are now seen as vital tools for promoting the sovereignty of the U.S. dollar! Antunes emphasizes the power of blockchain for atomic transactions and even hints at a Brazilian real stablecoin! But first, Itau is studying other banks' experiences and awaiting stablecoin regulations in Brazil. Stablecoins are the hot topic, proving their value in both the U.S. and Brazil! Antunes also advocates for a balanced approach to self-custody regulations, suggesting a list of approved wallets for oversight. What do you think about banks embracing stablecoins? Let us know your thoughts! 💬
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🌐 Nonco, an institutional digital asset trading firm, has launched its foreign exchange (FX) onchain initiative on the Avalanche network! 🔗 This initiative aims to bridge institutional FX liquidity with the stablecoin market. The FX Onchain protocol, built on Avalanche's C-Chain, automates conversions between local currencies and USD-backed stablecoins like USDC and USDT. By facilitating faster and more cost-effective global payments and cross-border transactions, Nonco seeks to create a more efficient FX market for institutions. The initiative addresses existing challenges in the FX space, including limited local exchange liquidity and high conversion costs, by connecting institutional FX liquidity providers with the Avalanche-based protocol. With backing from VanEck and a commitment to redefining institutional FX liquidity, Nonco's protocol is set to debut with trading pairs like USDMXN and expand to include USDBRL and EURUSD. What do you think about the future of onchain FX trading? Let us know! 💬
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💥 Despite some recent price turbulence, @DigitalAssets Zack Wainwright suggests we might be in an exhilarating acceleration phase! 📈 With institutions and countries considering Bitcoin as a reserve asset, the excitement is palpable! Remember the post-election rally that sent prices soaring by 56%? It echoes the breakout moments of 2013 & 2017! Wainwright notes that while past cycles reached their peaks at different intervals, this one could see a final rally pushing Bitcoin into uncharted territory, potentially around $110,000! However, global events, like the COVID-19 pandemic, can dramatically shift market behavior. Will the recent global tariff regime impact this phase? What are your thoughts on Bitcoin's future? Are you ready for the ride? Let us know! 💬
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Michal "Mehow" Pospieszalski (@MehowHacks), CEO and co-founder of @MatterFi_com, explains MatterFi to BTCTN’s @FrederickMunawa: "It’s like PayPal for all of crypto." Mehow shares how, unlike Unstoppable Domains or ENS, this is "completely private and de
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