Latest news with #Banxa
Time of India
30-06-2025
- Business
- Time of India
Hong Kong-based crypto platform OSL shares jump on Canadian acquisition
Academy Empower your mind, elevate your skills Hong Kong-listed shares of OSL Group jumped 10% to their highest in almost four years on Monday after the digital asset trading platform said it had acquired Canadian-based crypto infrastructure provider Banxa The Banxa deal announced late on Friday is the latest in a string of overseas asset purchases over the past year. OSL's finance chief said it would accelerate its global expansion plans to tap into growing interest in cryptocurrencies."We will continue global expansion through both acquisitions and license applications," Ivan Wong told Reuters on a global footprint is crucial to OSL's ambition to be a bigger player in cross-border payments , and Wong said the company will seek to issue stablecoins - cryptocurrencies pegged to assets such as fiat currencies. Hong Kong is setting up a licensing framework for stablecoin will potentially expedite cross-border payments and benefit a regional economy facing challenges from geopolitical tensions, Hong Kong financial secretary Paul Chan said in a blog post over the weekend."Stablecoins are getting more and more popular among institutions globally," said Wong, adding OSL was preparing for licence Kong's stablecoin bill comes into effect on August 1. China's Ant Group and have said they plan to issue stablecoins in Hong Kong via offshore addition to Hong Kong, OSL also aims to issue stablecoins in other regions, Wong transforming last year into a company fully dedicated to digital assets, OSL has secured an exchange licence in Australia and completed acquisitions in Japan and company will close an acquisition in Indonesia next month, and plans to apply for crypto-related licenses in three regions this year, he will also step up investment in the so-called Real-World-Assets business , converting traditional assets into digital tokens.
Yahoo
30-06-2025
- Business
- Yahoo
Hong Kong-based crypto platform OSL shares jump on Canadian acquisition
SHANGHAI/HONG KONG (Reuters) -Hong Kong-listed shares of OSL Group jumped 10% to their highest in almost four years on Monday after the digital asset trading platform said it had acquired Canadian-based crypto infrastructure provider Banxa. The Banxa deal announced late on Friday is the latest in a string of overseas asset purchases over the past year. OSL's finance chief said it would accelerate its global expansion plans to tap into growing interest in cryptocurrencies. "We will continue global expansion through both acquisitions and license applications," Ivan Wong told Reuters on Monday. Having a global footprint is crucial to OSL's ambition to be a bigger player in cross-border payments, and Wong said the company will seek to issue stablecoins - cryptocurrencies pegged to assets such as fiat currencies. Hong Kong is setting up a licensing framework for stablecoin issuers. Stablecoins will potentially expedite cross-border payments and benefit a regional economy facing challenges from geopolitical tensions, Hong Kong financial secretary Paul Chan said in a blog post over the weekend. "Stablecoins are getting more and more popular among institutions globally," said Wong, adding OSL was preparing for licence applications. Hong Kong's stablecoin bill comes into effect on August 1. China's Ant Group and have said they plan to issue stablecoins in Hong Kong via offshore units. In addition to Hong Kong, OSL also aims to issue stablecoins in other regions, Wong said. Since transforming last year into a company fully dedicated to digital assets, OSL has secured an exchange licence in Australia and completed acquisitions in Japan and Europe. The company will close an acquisition in Indonesia next month, and plans to apply for crypto-related licenses in three regions this year, he said. OSL will also step up investment in the so-called Real-World-Assets business, converting traditional assets into digital tokens. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
30-06-2025
- Business
- Reuters
Hong Kong-based crypto platform OSL shares jump on Canadian acquisition
SHANGHAI/HONG KONG, June 30 (Reuters) - Hong Kong-listed shares of OSL Group ( opens new tab jumped 10% to their highest in almost four years on Monday after the digital asset trading platform said it had acquired Canadian-based crypto infrastructure provider Banxa. The Banxa deal announced late on Friday is the latest in a string of overseas asset purchases over the past year. OSL's finance chief said it would accelerate its global expansion plans to tap into growing interest in cryptocurrencies. "We will continue global expansion through both acquisitions and license applications," Ivan Wong told Reuters on Monday. Having a global footprint is crucial to OSL's ambition to be a bigger player in cross-border payments, and Wong said the company will seek to issue stablecoins - cryptocurrencies pegged to assets such as fiat currencies. Hong Kong is setting up a licensing framework for stablecoin issuers. Stablecoins will potentially expedite cross-border payments and benefit a regional economy facing challenges from geopolitical tensions, Hong Kong financial secretary Paul Chan said in a blog post over the weekend. "Stablecoins are getting more and more popular among institutions globally," said Wong, adding OSL was preparing for licence applications. Hong Kong's stablecoin bill comes into effect on August 1. China's Ant Group ( opens new tab and ( opens new tab have said they plan to issue stablecoins in Hong Kong via offshore units. In addition to Hong Kong, OSL also aims to issue stablecoins in other regions, Wong said. Since transforming last year into a company fully dedicated to digital assets, OSL has secured an exchange licence in Australia and completed acquisitions in Japan and Europe. The company will close an acquisition in Indonesia next month, and plans to apply for crypto-related licenses in three regions this year, he said. OSL will also step up investment in the so-called Real-World-Assets business, converting traditional assets into digital tokens.
Hamilton Spectator
27-05-2025
- Business
- Hamilton Spectator
Hivello x Banxa - $HVLO Token Available via Apple Pay & Credit Card
LONDON and AMSTERDAM, May 27, 2025 (GLOBE NEWSWIRE) — Hivello , a DePIN aggregator that enables users to earn by monetizing idle (computing) resources across multiple DePINs (Decentralized Physical Infrastructure Networks), announces that its native token $HVLO will soon be integrated with Banxa, a global fiat-to-crypto on-ramp solution trusted by leading Web3 platforms. This integration means that users in over 130 countries will be able to buy $HVLO directly using local fiat payment methods, including credit/debit cards, bank transfers, Apple Pay, Google Pay, and more. Crucially, users will not need to go through a centralized exchange, making it faster and simpler for anyone, regardless of technical expertise, to acquire HVLO and participate in Hivello's growing ecosystem. For Hivello, this marks a meaningful step forward in its mission to onboard millions of Web2 users into Web3. By integrating with trusted platforms like Banxa, Hivello is making it even easier and more accessible for anyone to participate in DePIN, enabling users to go from 'idle device' to contributor with just a few clicks, no prior crypto experience required. Not only is Hivello making DePIN more accessible through seamless fiat integration, but it's doing so at the right time. According to Messari's Q1 2025 DePIN Sector Report , the sector has already surpassed $50 billion in market cap and is projected to reach $3.5 trillion by 2028. With over 13 million devices contributing daily and $350 million in capital raised over the past year, DePIN is entering a phase of rapid expansion, and Hivello is building the infrastructure to bring everyone in. The integration is expected to go live in the coming weeks and HVLO will be supported directly within Banxa's interface. 'Banxa is a proven bridge between traditional finance and Web3,' said Holger Arians CEO of Banxa. 'This partnership accelerates our ability to reach users who've never touched crypto before. Our mission is to simplify access to the digital asset ecosystem. Partnering with Hivello allows us to empower millions of users to participate in the rapidly growing DePIN economy—easily, securely, and without friction. Users around the world can now go from fiat to HVLO in just a few clicks—and immediately start contributing to and earning from the decentralized economy.' 'This is a big step toward making DePIN truly accessible to the mainstream,' said Domenic Carosa, Co-founder & Chairman of Hivello. 'With Banxa, it's now easier for anyone to buy HVLO using regular payment methods—no crypto experience needed.' About Hivello : Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to earn passive income by mobilizing their idle computers. We aim to create a simple app that allows users to contribute their computer resources and earn passive income, with no technical knowledge required. It's as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all. Website | X | Discord | LinkedIn | Youtube About Banxa : Banxa is a global on-and-off-ramp infrastructure provider that bridges the gap between traditional finance and digital assets. Operating in 130+ countries, Banxa offers fully compliant fiat-to-crypto payments, helping users and businesses access digital assets easily and securely. Website Contact information: Karla Janse van Rensburg Brand & Marketing coordinator @ Hivello karla@ A photo accompanying this announcement is available at
Business Mayor
13-05-2025
- Business
- Business Mayor
Pi Network Price Prediction 2025, 2026 – 2030: Why Is Pi Coin Dropping?
Join us in showcasing the cryptocurrency revolution, one newsletter at a time. Subscribe now to get daily news and market updates right to your inbox, along with our millions of other subscribers (that's right, millions love us!) — what are you waiting for? Story Highlights Pi Network price rallies over 34% in 3 days, nearing $1 mark. Banxa integrates with Pi, acquiring 10 million PI tokens post-KYB approval. Price prediction for 2025 targets $1.74, with potential highs of $2.0 and $3.0. The Pi Network is making waves once again, as its price sees a sudden and powerful breakout backed by real-world developments and renewed investor confidence. With increased activity on major exchanges, rumors of Pi Coin Binance listing, and global adoption efforts, Pi is becoming one of the most-watched tokens in the Crypto market. Global interest in Pi Coin price is surging, especially in regions like India and Pakistan, where users are actively searching for '1 Pi to PKR in 2025' and 'Pi Network price in India in the future.' Overview Cryptocurrency Token Price Market cap Circulating Supply Trading Volume All-time high $2.98 on 26th February 2025 All-time low $0.6152 on 20th February 2025 Pi Network May News Pi coin Price surged more than 100% since the start of May. The rally is backed by massive accumulation, as on-chain data shows millions of Pi tokens were bought from OKX and transferred to private wallets, signaling long-term investor confidence. Additionally, Banxa—a global payments platform—just integrated with Pi Network and acquired 10 million more tokens after receiving KYB approval to support Pi trading globally. Adding to the excitement, rumors are swirling that Binance might list Pi Coin, following a cryptic teaser from Pi Network's official X (Twitter) account promising 'something big' on May 14. Pi Network Price Prediction 2025 Pi Network/USD 1D Chart As seen on the daily chart, Pi (PI) reached nearly $3 on OKX back in February. However, the price sharply crashed following heightened geopolitical tensions triggered by widespread trade conflicts between multiple countries. This turmoil caused major global equity and crypto markets to plummet—PI included. Fast forward to May 2025, the landscape appears to be shifting. Market sentiment is improving, and PI's recent price action is showing signs of bullish support. Technical indicators like the Volume Profile and Fibonacci Retracement (from February's high to the recent low) highlight a critical level at $1.740—the 0.5 Fibonacci mark, which also aligns with a high-volume price area. This convergence signals the importance of this level. If bullish momentum continues through May and the coming months, the $1.74 level could act like a price magnet, drawing PI toward it. However, this is also a known supply zone, meaning strong buying pressure will be required to break and hold above it. If PI manages to flip $1.74 into support, higher targets like $2.00 and $3.00 could come into play later in 2025. could come into play later in 2025. On the flip side, if the price fails to hold this level, bearish rejection could drag PI back down to $1.00 or even $0.60. In summary, $1.74 stands as a make-or-break zone for PI, and how the price reacts here could shape the token's mid-term trajectory. Pi Coin Price Targets 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 $0.85 $2.25 $3.50 2027 $1.25 $3.25 $5.25 2028 $2.00 $5.50 $8.50 2029 $3.50 $8.50 $13.75 2030 $5.50 $13.75 $22.00 Pi Crypto Price Forecast 2026 The Pi crypto prediction for the year 2026 could range between $0.85 to $3.50. Considering the buying and selling pressure, the average price could be around $2.25 for that year. Pi Coin Price Prediction 2027 During 2027, the Pi network value could reach a maximum trading value of $5.25 with a potential low of $1.25. Evaluating the market sentiments, the average price of this altcoin could settle at around $3.25. Pi Token Price Projection 2028 By 2028, the value of a single Pi coin price could reach a maximum of $8.50 with a potential low of $2.00. With this, the average price could land at around the $5.50 mark. Pi Network Price Analysis 2029 Looking forward to 2029, the Pi coin Price may range between $3.50 and $13.75, and a potential average value of around $8.50. Pi Network Price Prediction 2030 As per our Pi Coin Price Prediction 2030, the Pi coin value in 2030 could reach a high of $22.00. However, the viral altcoin could record a low of $5.50 and an average price of $13.75, if the crypto market turns bearish. Considering stacking more ETH tokens before the altcoin season begins? Read CoinPedia's Ethereum price prediction 2025, 2026 – 2030! Market Analysis Firm Name 2025 2026 2030 CoinCodex $ 2.08 $ 1.48 $ 2.63 $1.08 $1.61 $6.74 DigitalCoinPrice $107.98 $125.57 $265.95 *The aforementioned targets are the average targets set by the respective firms. Also, read Binance coin price prediction 2025, 2026 – 2030! Coinpedia's PI Coin Price Prediction In 2025, a large accumulation is observed with some important integrations in its ecosystem, and there are more developments too, to join in the following year, which paints the picture green mostly for the Pi Network. It is expected to see significant price action, with a target of $1.74 as a key resistance level. If bullish momentum continues, the price could potentially reach $2.0 and $3.0. Conclusion The Pi Network's recent developments—from major token accumulation and Banxa integration to Binance listing rumors—are clear indicators that Pi is no longer just a test project. As market conditions turn favorable and institutional interest grows, Pi Coin is entering a new phase of maturity. FAQs How to sell Pi Coin? Complete KYC in the Pi Network app, then migrate your Pi to the Mainnet, and use a supported exchange like OKX, MEXC, or Flitpay, deposit your Pi and sell it for cryptos or FIAT. What is Pi coin value in USD? The Pi coin today is changing hands at $1.10. Is Pi coin a good investment? If the bullish sentiment sustains, the PI value could reach as high as $2.1007 this year. How much is 1 Pi in rupees? The value of 1 Pi coin in rupees is INR ₹94.22. When will Pi coin launch on Binance? Currently, there is no clarity on the launch of Pi coin on Binance. What could be the Pi coin price in India in 2030? The Pi network price in India in 2030 could be a maximum of $22.00. Where to buy Pi coin? Pi Coin is listed on 12 exchanges, including OKX, Bitget, MEXC, HTX, CoinEx, BitMart, LBank, DigiFinex, CoinW, GCB Exchange, and Pionex.
