$104,191.00
0.23%$2,587.51
-0.09%$2.41
-3.30%$652.11
-1.13%$171.64
-1.31%$0.999858
0.00%$0.227432
-0.35%$0.775473
-1.71%$0.27235
-1.22%$2,587.10
-0.11%$104,218.00
0.22%$3.85
-1.38%$3,102.33
-0.50%$16.14
-2.86%$23.57
-2.12%$27.91
7.48%$0.298157
-1.26%$0.00001503
-1.07%$0.19905
-1.75%$8.88
-0.32%$400.86
0.84%$3.15
0.22%$101.57
2.21%$4.86
-0.54%$2,585.85
-0.34%$0.999815
0.01%$336.96
-2.10%$2,756.94
-0.32%$1.002
0.04%$4.99
2.14%$0.00001344
-3.73%$0.767416
-16.56%$1.001
0.03%$104,152.00
0.11%$30.15
-0.63%$438.42
-1.60%$6.27
-3.13%$233.26
0.20%$2.87
-3.75%$5.37
-4.17%$53.53
-0.56%$0.120947
0.93%$0.970407
-4.20%$206.31
-1.09%$36.54
2.89%$0.10143
-1.57%$19.01
-2.22%$5.41
-2.88%$1.00
0.00%$21.76
0.52%$12.82
-1.35%$0.749397
-1.08%$0.02924681
-1.61%$4.81
-4.34%$1.051
-0.00%$1.17
0.09%$0.382529
-0.84%$4.92
-1.24%$0.241831
-0.84%$1.002
0.21%$104,008.00
0.23%$0.784041
-3.52%$2.97
-1.55%$0.406289
-3.30%$0.227774
-1.72%$4.39
0.12%$2.73
-6.77%$1.16
-4.72%$0.541768
-2.47%$0.00002079
-7.08%$4.58
-0.30%$2,591.01
-0.09%$1,856.78
0.53%$1.00
-0.38%$12.08
1.07%$0.507163
-3.35%$180.08
-1.54%$2,697.84
-0.31%$0.907651
-1.07%$94.77
-4.60%$4.93
4.09%$0.02004443
1.88%$0.851958
7.30%$1.29
0.76%$0.237733
-2.26%$1.26
-6.07%$0.671342
-3.86%$0.739
-7.98%$2,936.73
-0.19%$12.40
-3.57%$1.85
-3.46%$0.072278
-1.66%$1.00
0.01%$104,087.00
0.39%$0.113142
-4.19%$1.075
0.50%$0.00010043
-4.49%$3.34
-2.48%$2,753.93
-0.33%$0.702755
-2.00%$652.69
-1.14%$222.07
-1.13%$0.910577
-2.92%$1.001
0.02%$0.999499
-0.01%$0.02016732
-4.11%$0.01828018
-5.14%$0.981094
-5.30%$190.23
-1.43%$0.68273
-0.34%$103,989.00
0.03%$0.01341038
-6.55%$2,714.33
-0.09%$0.324468
-3.17%$1.00
0.00%$102,269.00
-2.81%$3,198.96
-0.87%$103,168.00
0.49%$0.784791
-3.02%$0.230408
-2.03%$3,208.06
-0.74%$2.28
-3.10%$22.82
-1.71%$0.754456
1.70%$4.09
2.08%$0.00000075
-3.14%$12.92
0.64%$36.96
-1.32%$2,708.67
-0.08%$0.12075
-0.20%$0.071351
-2.73%$0.749056
-0.51%$0.649639
-0.86%$0.427768
-1.47%$4.08
0.76%$41.81
-2.33%$1.85
-5.43%$0.997801
0.01%$0.346085
-1.39%$0.01920608
13.17%$1.95
-2.27%$0.998507
-0.08%$2.07
0.44%$0.162997
-5.77%$1.095
1.30%$0.227281
-0.61%$2,585.51
-0.29%$111.06
0.01%$2,582.52
-0.18%$0.681188
-3.09%$0.467331
-1.27%$19.18
-5.12%$1.96
-3.07%$2,684.52
1.82%$2,753.35
-0.36%$104,177.00
0.34%$0.663397
-3.27%$0.00897433
-3.88%$3.12
-1.30%$0.63007
-3.40%$0.196442
-3.79%$1.002
0.24%$7.61
-4.42%$0.999655
0.10%$0.49358
8.22%$0.157634
-6.78%$2.02
5.06%$104,037.00
0.04%$0.00529965
-6.60%$6.83
-1.28%$2,582.60
-0.43%$0.06642
1.76%$0.00002362
-1.62%$0.99981
0.00%$0.186393
-2.96%$0.430005
-2.18%$0.473518
-7.87%$0.090898
-5.19%$101,744.00
-0.08%$0.09849
-4.49%$0.677757
-1.92%$1.67
-3.18%$0.0485538
-12.97%$0.00000044
0.97%$0.00829014
-3.90%$0.04498169
-2.98%$0.00000109
-3.54%$2,582.37
-0.31%$103,409.00
-0.15%$46.64
2.06%$0.179638
-3.30%$0.155587
2.00%$1.087
0.01%$1.004
0.63%$1.32
-11.73%$3.32
-6.94%$1.60
-3.28%$0.409987
2.14%$1.002
0.46%$0.0046385
-2.77%$0.999616
-0.02%$1.40
-14.14%$0.240938
-1.10%$0.01961963
-1.14%$2,743.65
-0.03%$0.348787
13.91%$34.07
0.21%$0.00540058
-0.15%$0.994861
-0.65%$0.385239
-2.42%$27.84
7.44%$1.002
0.12%$0.03654034
-0.48%$137.00
-0.46%$0.00000175
-1.21%$0.846955
-1.68%$2,838.49
-0.49%$0.779863
-5.42%$0.0035054
-5.28%$0.00006415
-2.19%$2,816.81
-0.34%$20.78
-1.03%$0.334108
-8.86%$1.10
0.15%$104,094.00
0.18%$0.297347
-7.74%$1.001
0.12%$19.60
-3.46%$0.232043
-0.81%$0.260778
-3.31%$2,587.01
-0.22%$0.712803
-0.52%$2.87
-4.44%$23.58
-1.36%$1.00
0.02%$0.999702
-0.09%$2,788.03
-0.08%$2,591.12
0.94%$27.81
7.37%$0.00344175
-1.56%$0.515825
-1.96%$0.0007048
-4.65%$0.587913
-0.06%$0.00285879
-7.00%$23.85
-0.83%$0.00
-4.93%$3.33
-6.68%$0.822809
-4.14%Reading
Metal Coin (MTL), the cryptocurrency of the US-based peer-to-peer (P2P) payments platform Metal Pay, saw a big spike in trading on Monday, after the startup announced it had gained a money transmitter license from the US state of Washington.
Metal Pay called the licensing win a “big moment” in a blog post announcing its success. It explained that “the specific regulatory challenges at play in the state of Washington” had made it impossible for the platform to operate there. The platform aims to simplify sending and receiving money, and offers free and instant transactions on Bitcoin, MTL, and XPR.
MTL, which had been trading at around the $2 mark, rose sharply after the news, reaching over $7, and is currently trading at around $6.9.
But the thumbs-up from Washington could also be taken as a positive signal for the startup’s banking aspirations.
In February, Metal Pay filed for a national bank charter with the Office of the Comptroller of the Currency (OCC).
Anchorage, which last month became the first cryptocurrency firm to secure a federal banking charter, has closed an $80 million Series C round led by Singapore sovereign wealth fund GIC. Crypto investing mainstays a16z and Blockchain Capital, as well as Lux and Indico, also contributed funding. Anchorage, which counts former US Federal Reserve Governor Kevin Warsh and famed hedge fund manager Stanley Druckenmiller as advisors, is a digital asset custody firm, meaning it holds other companies’ cr...
It's not the first crypto startup todo so; Visa-backed digital asset platform Anchorage was granted the first federal charter by the OCC in January, paving the way for the integration of cryptoassets into the mainstream economy.
“There’s never been a higher watermark than a federally chartered bank,” Anchorage cofounder and president Diogo Monica told Decrypt at the time.
Crypto startups Paxos and BitPay have also submitted charter applications.
But Metal Pay plans to go further and has submitted a first-of-its-kind application, which would ensure that its cash deposits were insured by the Federal Deposit Insurance Corporation (FDIC). A decision is expected within three months.
Hello, Washington!
We're thrilled to announce that we've earned a Money Transmitter License for the state of Washington.
People from Seattle to Spokane can now experience the Metal Pay difference!
Download Metal Pay today and see what you've been missing.https://t.co/6xsFaZjMAO— Metal Pay (@metalpaysme) March 29, 2021
A successful outcome would take the five-year-old startup beyond its former heyday in September 2018, when MTL was worth over $14. And Metal Pay has picked an impressive-sounding name for its venture: “The First Blockchain Bank and Trust, N.A.”
Ukraine may be planning a strategic state crypto reserve, according to reports by local media. If it follows through, it would potentially join nations like El Salvador, Bhutan, and the U.S.—who all already have reserves. Yaroslav Zhelezniak, the country’s first deputy chairman of its Committee on Finance, Tax and Customs Policy, told local crypto publication Incrypted that he plans to submit a new bill for approval “in the near future,” claiming the bill is in the finalization stage. Kirill Kho...
A growing number of companies are launching Solana tokens as a way to circumvent traditional fundraising methods. Tokens linked to these companies are hitting market capitalizations in the millions or even tens of millions—despite growing concern that many of their products are “vaporware.” “Internet capital markets is itself a powerful meme, and it’s among the most significant and OG meta-narratives and use cases for crypto,” Alon Cohen, co-founder of Pump.fun, told Decrypt. “In principle, it r...
Bitcoin slipped slightly Thursday after a closely watched inflation gauge showed wholesale prices in the U.S. registered a drop in April. The Producer Price Index (PPI) for final demand fell 0.5% in April, the U.S. Bureau of Labor Statistics said Thursday, compared to economists' expectations of a 0.2% monthly rise. The index rose 2.4% over the past 12 months, slightly cooler than expectations. Core PPI, excluding food, energy, and trade services, edged down 0.1%, the first decline in that measu...
