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Nalezeno "Block": 1958

Upbit and Bithumb suspend Synthetix token deposits citing sUSD risks


South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens after it was flagged by the Digital Asset Exchange Alliance (DAXA) for potential risks.DAXA, the self-regulatory organization establishing industry standards for South Korean exchanges, designated SNX as...

Upbit and Bithumb suspend Synthetix token deposits, citing sUSD risks


South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens after it was flagged by the Digital Asset Exchange Alliance (DAXA) for potential risks.DAXA, the self-regulatory organization establishing industry standards for South Korean exchanges, designated SNX as...

Australia’s top court sides with Block Earner, dismisses ASIC appeal


The Federal Court of Australia has sided with fintech firm Block Earner in an appeal against a ruling that found it was required to hold a financial services license for its now-discontinued crypto-related products. Block Earner’s crypto-linked fixed-yield earning product is not...

Block’s Jack Dorsey: Bitcoin Could Fail Due to Irrelevance


Dorsey stated that if bitcoin were to fail, it would be because it did not become a necessary tool for people’s daily use. He asserted that bitcoin must be committed to the payment use case to avoid becoming something you “buy and forget.” Block’s Jack Dorsey Believes...

South Korea to block non-compliant crypto exchanges


South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of...

Court says Bitcoin mining host can’t block tenant access to its rigs


A Delaware court has granted a temporary reprieve to a Pennsylvanian Bitcoin mining firm currently in a payment dispute with its hosting company — barring the hosting provider from blocking access and otherwise commandeering the miner’s 21,000 rigs at the property. Vice Chancellor...

Banks push to block stablecoin legislation over market share fears


Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share.According to an article from American Banker, the bill requires...

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