Coin Gabbar Token

<h2 id="header-0">Key Takeaways</h2><ul><li>Bitfinex was granted a license as a digital asset service provider in compliance with the new law</li><li>The move by El Salvador to regulate digital securities and create a framework for Bitcoin-backed bonds could encourage other countries to follow suit</li></ul><h3 id="bitfinex-has-become-the-first-company-to-be-granted-a-license-for-digital-asset-service-providers-in-el-salvador-according-to-a-statement-released-on-tuesday">Bitfinex has become the first company to be granted a license for digital asset service providers in El Salvador, according to a statement released on Tuesday.</h3><p>In January, the Legislative Assembly of <a href="https://www.coingabbar.com/en/crypto-currency-news/el-salvador-ranks-high-in-bitcoin-interest-president-faces-criticism" rel="noopener noreferrer nofollow">El Salvador </a>passed a law that seeks to regulate digital securities and establish a structure for the introduction of &#34;Volcano Bonds,&#34; which are bitcoin-backed bonds. Subsequently, Bitfinex was granted a license as a digital asset service provider in compliance with the new law.</p><p>Paolo Ardoino, the chief technology officer at Bitfinex, expressed his delight at being the first company to be awarded this license, adding that it will enable Bitfinex Securities to facilitate the issuance and secondary trading of assets. The new regulation will allow the launch of products such as tokenized shares and yield-bearing assets, said Jesse Knutson, head of operations at Bitfinex Securities. Paolo Ardoino has been closely collaborating with El Salvador on the Bitcoin bond initiative.</p><p>This news could be significant for the #cryptocurrency industry and have a positive impact on the future of decentralized technology.</p><p>Firstly, the move by El Salvador to regulate digital securities and create a framework for Bitcoin-backed bonds could encourage <a href="https://www.coingabbar.com/en/crypto-currency-news/nirmala-sitharaman-step-by-step-we-are-working-on-crypto" rel="noopener noreferrer nofollow">other countries to follow </a>suit, leading to greater mainstream adoption of cryptocurrencies and blockchain technology. This could increase demand for digital assets and drive innovation in the industry.</p><p>Secondly, the launch of tokenized shares and yield-bearing assets could provide investors with new opportunities for diversification and income generation, which could attract more institutional investors to the cryptocurrency space. This, in turn, could lead to increased liquidity and stability in the market.</p><p>Overall, It highlights the growing acceptance of cryptocurrencies and #blockchain technology by governments and regulators, which could help to pave the way for a more decentralized and democratized financial system in the future.</p><p><strong>Also, Read - <a href="https://www.coingabbar.com/en/crypto-currency-news/80-percent-of-twitter-workforce-fired-elon-confirms-mass-layoffs" rel="noopener noreferrer nofollow">80% of Twitter Workforce Fired: Elon Musk Confirms Mass Layoffs</a></strong></p>

Bitfinex Receives First Digital Asset License Granted by El Salvador

目次

Coingabbar

2023年4月13日公開の他の記事

Ontology Weekly Report (April 1–10, 2023)

Get Ready for Arbitrum Launch: Wombat’s Exclusive 3M WOM Rush Program

Wombat integrates Wormhole for cross-chain development

Hong Kong’s Largest Virtual Bank Starts Crypto to Fiat Services

Solana [SOL] Jumps to an Upper Range – Is the $23.93 Target Reachable?

Bitcoin’s Story is ‘Strong and Positive’ Says Galaxy Digital Global Head

ニュースレターを購読して暗号資産の最新情報を毎日入手！