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Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy


Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy...

Bitcoin and Ethereum Inch Higher, ZEC, SNX, and THETA Accelerate


  After bitcoin price traded to a new weekly low near USD 37,200, it started a decent recovery wave and is currently (11:57 AM UTC) testing the USD 39,000 level. BTC faces major hurdles near USD 39,250 and USD 40,000. Similarly, most major altcoins are facing important hurdles. ETH could struggle...

These Are the Latest Crypto Regulatory Moves by US and EU


  While the US President Joe Biden is reportedly set to sign a new crypto- and central bank digital currency (CBDC)-related executive order, the European Union is set for a vote on the much-discussed Markets in Crypto Assets (MiCA) framework. Biden is expected to sign an executive order this...

Bitcoin and Ethereum Stuck in a Range, Small Altcoins Rally


  Bitcoin price struggled to recover above USD 39,000. BTC started another decline and traded to a new weekly low near USD 37,200. It is currently (04:20 UTC) recovering above USD 38,700, but it might face resistance near USD 39,000 and USD 39,250. Similarly, most major altcoins are attempting...

Japanese Regulator Wants to Amend the Nation’s Crypto Law


  A batch of new crypto regulations is incoming in Japan – where the nation’s top financial and crypto regulator has put forward legal amendments to payments-related legislation. The proposals were made by the Financial Services Agency (FSA), which has proposed making alterations to two existing...

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