According to Odaily, QCP Trading, a division of QCP, has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This approval marks a significant step towards obtaining full licensing, enabling QCP Trading to prepare for offering regulated digital payment token spot trading services. The IPA is a crucial milestone for QCP Trading as it positions the company to expand its operations within Singapore's regulated financial environment. By securing this approval, QCP Trading is poised to enhance its service offerings, aligning with the regulatory framework established by MAS. This development underscores the company's commitment to adhering to regulatory standards and providing secure and compliant trading solutions. As the digital asset market continues to evolve, obtaining regulatory approvals such as the MPI license is essential for companies like QCP Trading to maintain competitiveness and trust within the industry. The approval from MAS not only facilitates QCP Trading's growth but also reinforces Singapore's role as a leading hub for digital financial services. With this in-principle approval, QCP Trading is set to advance its capabilities in the digital payment token sector, contributing to the broader adoption and integration of digital assets in the financial ecosystem.

According to official news, QCP announced that its OTC spot trading division QCP Trading has obtained the in-principle approval (IPA) for the Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). IPA is an important step in obtaining a full license, allowing QCP Trading to prepare for the provision of regulated digital payment token spot trading services.

Bitcoin staking platform Solv Protocol introduces a classification system for the underlying assets of SolvBTC reserves, dividing them into core reserves (native BTC, Binance-supported BTCB) and innovation reserves (wrapped assets such as WBTC, cbBTC). The team said: "This setup enhances stability and risk management through a minting cap and cross-chain interest rate limit for the innovation reserve. Solv is now one of the major multi-chain BTC liquidity staking token issuers, spanning more than 10 networks, including Ethereum and BNB chains, with more than 24,000 BTC ($2 billion) in reserves."

According to Onchain Lens, after 3 years of dormancy, a whale withdrew 92.9 billion SHIB (worth $2.45 million) from Coinbase in the past 2 hours. The whale currently holds a total of 379.29 billion SHIB, worth $10.09 million, and currently has a profit of $5.1 million.

Web3 accelerator Outlier Ventures announced the five teams selected for its LatAm Base Camp accelerator: Bando (Mexico), Berry Investing (Argentina), Fact Finance (Brazil), IDENTI (Peru) and Loula (Argentina). Officials said: "During the 12-week program, the winning teams will receive support from Outlier Ventures in token design, engineering, investment and fundraising, as well as guidance from venture capital partner Morgan Creek Digital. These teams come from all over Latin America and represent early-stage startups focused on consumer fintech, OpenFI, financial inclusion and DeFi, driving innovation in the Latin American ecosystem."

According to the Bitcoin Office in El Salvador, El Salvador is still implementing the "1 BTC per day plan", and the last purchase occurred 9 hours ago. Its current Bitcoin holdings have reached 5,930.77 BTC, worth about $483 million.

Symbiotic, a restaking protocol backed by Paradigm and Cyber​​.Fund, announced a strategic partnership with Omni Network, an abstraction layer for the Ethereum ecosystem. The team said: "Omni will integrate Symbiotic's restaking infrastructure, and Symbiotic will leverage Omni's cross-chain infrastructure to facilitate the first direct deposit of a major Ethereum rollup to the L1 protocol. This marks a major step forward for both ecosystems, enhancing the capabilities of both parties and expanding the scope of secure cross-chain interactions."

According to official news, OKX OS will hold a series of peripheral activities such as "BUIDL with OS" and "Web3 Night Bazaar" during the 2024 Devcon conference. Among them, the "Web3 Night Bazaar" theme event will officially open on November 12. The event is co-organized by OKX Ventures, OKX OS, and 1inch, sponsored by Arbitrum, Aptos, Solana, Renzo, Hexens, Mocaverse, Reown, RootData and CertiK, and assisted by MemeCore, zklink, and ChainCatcher. It aims to promote exchanges among cryptocurrency enthusiasts. The "BUIDL with OS" theme event will be launched on November 15. The Builders Challenge partner of this event is 1inch, Magic Link, Lepoker, CARV co-sponsored, Amberdata, Blockaid, Blocknative, Boiler, Consensys SMG, CoWSwap, DODO, Kaia, Line Next, Rootdata, TON, Uniswap, Yescoin and other partners fully support it. It aims to listen to industry leaders on the development of expansion solutions and help developers understand OKXOS and jointly build the future of Web3. In addition, OKX OS will also attend the RootData DeInsight event on November 11, the Ethereum UX panel at the main venue of Devcon on November 13, and the Pragma event on November 14 and give a speech.

The post Bitcoin (BTC) Price Aims for $84k Next Following the $14k Weekly Candlestick to New All-time High appeared first on Coinpedia Fintech News The cryptocurrency market, led by Bitcoin (BTC) and Dogecoin (DOGE), registered palpable gains in the last 24 hours. The total crypto market cap rallied over 4 percent in the past 24 hours to hover about $2.9 trillion on Monday, November 11, during... source: https://coinpedia.org/news/bitcoin-btc-price-aims-for-84k-next-following-the-14k-weekly-candlestick-to-new-all-time-high/

Cryptocurrency analytics platform Dune has launched a new dashboard that maps the extent of cryptocurrency-related cybercrime, recording more than 5,500 hacks, exploits, and phishing scams across the blockchain ecosystem. The platform’s “Hacks, Exploits and Social Engineering Dashboard” is said to be one of the most comprehensive efforts to quantify cryptocurrency crime to date.

,8 major trends worth watching in the DeFi field next Golden Finance,As these innovations become more popular, DeFi will continue to push the boundaries of what is possible

From November 6th to 19th, 2024, Thailand Blockchain Week will be launched.

The future of cryptocurrency is bright in the United States, bringing the best of cryptocurrency to the world

A crypto expert and gang leader was assassinated in broad daylight under the hands of his own man at one of the busiest airports in the country.

Delabs Games, creator of Rumble Racing Star, is diving into Telegram’s TON ecosystem with a Ragnarok release in Q1 2025, followed by Boxing Star in Q3—broadening its gaming presence and fan engagement on the platform.

Charles Hoskinson has launched a policy office to push for clearer crypto regulations in the US, hoping to work with the incoming Trump administration. The move has sparked a 35% rise in Cardano's ADA price, reflecting investor optimism for regulatory progress.

In this article, we will analyze in depth the regulatory trends and policy expectations of the new US government from the perspective of A16Z and Ai Ying.

Elon Musk hinted at support for abolishing the Federal Reserve by sharing a post from Senator Mike Lee, who called for greater executive oversight of US monetary policy. Musk’s apparent endorsement has stirred debate, with many questioning the wisdom and impact of this proposal.

Golden Finance launches the 2505th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

On November 5, dozens of Bitcoin enthusiasts, people wearing MAGA hats, and local residents who heard the news gathered at PubKey, a Bitcoin-themed bar in Greenwich Village, New York, and they all paid attention to the latest developments of the election.