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Bitget Unveils Instant Lira-to-Crypto Conversions, Streamlining Turkish Market


Source: Adobe / Husamex Bitget – a global crypto exchange and Web3 firm – has launched support for instant Lira to crypto conversions to streamline access to digital assets for Turkish consumers. Using the “easy buy and sell” feature, Turkish customers can now deposit TRY to Bitget directly from...

SEC Postpones Decision on Hashdex Spot Bitcoin ETF and Grayscale Ether ETF


Source: Hashdex The U.S. Securities and Exchange Commission has postponed its decision on the approval of Hashdex Bitcoin ETF and Grayscale Ethereum Futures Trust ETF. The SEC published a document that addresses to the deferral of Hashdex’s filing. Hashdex previously filed to convert its current...

Russians Will Be Able to ‘Withdraw’ Digital Rubles as Cash at ATMs


Source: motortion/Adobe A major Russian bank has created a solution that lets digital ruble holders perform real-time “withdrawal”-type cash conversions at ATMs. Per Izvestia, VTB Bank has developed a solution that lets CBDC holders instantly convert their digital rubles to banknotes at any of...

Crypto ATM Expansion Continues with Bitgamo Set to Install 90 More in 2024


Source: AdobeStock / l_martinez Crypto ATMs are continuing to expand globally with over 32,500 installed so far, Financial Times reported. Crypto ATMs allow everyday individuals to convert traditional fiat money into cryptocurrencies and vice versa, offering a level of convenience akin to standard...

New Law Expands Police Powers to Seize Crypto in UK


A new law that gives law enforcement agencies greater powers to seize, freeze, and recover crypto assets has entered into force in the U.K. The law introduces provisions for police to “seize crypto assets more easily and convert them into money before a forfeiture hearing has taken...

Binance US Suspends Withdrawals in US Dollars


Crypto exchange Binance US has suspended withdrawals in U.S. dollars. Users who want to withdraw their USD funds must first convert them into stablecoins or other cryptocurrencies, which can then be withdrawn. Binance US Updates Dollar Withdrawal Policy Binance US, the U.S.-based cryptocurrency...

Russian Crypto Exchange Moves Money for Gaza Groups, Report


Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash to crypto and then withdraw fiat abroad, has been...

JPMorgan’s Tokenized Collateral Network Facilitates Blackrock-Barclays Trade


Banking giant JPMorgan Chase has debuted its blockchain-based collateral settlement system. Blackrock became the first client to use JPMorgan’s Tokenized Collateral Network (TCN). The world’s largest asset manager used the system to convert shares in one of its money market funds into digital...

Grayscale and NYSE Arca apply to convert Ethereum trust into ETF


Grayscale is furthering its commitment to bringing a transparent ecosystem to the community. It is doing so by partnering with NYSE Arca. Both have submitted an application to the SEC, that is, the US Securities and Exchange Commission, requesting a conversion of Grayscale Ethereum Trust (OTCQX:...

Binance Advises Paysafe Users to Convert Euro Balances to Tether


Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank accounts after the payment processor suspended deposits...

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