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Coinbase to suspend BUSD trading due to regulatory crackdown
28.2.2023
Coinbase, the second-biggest crypto exchange by trading volume, announced the suspension of BUSD trading. The exchange has also delisted the Paxos-backed stablecoin from the platform. Paxos recently received an ultimatum from the NYDFS (New York State Department of Financial Services.)...
SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities
28.2.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.”...
Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown
28.2.2023
Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase...
Exchange Insights: Industry Players talk Crypto Regulation in 2023
27.2.2023
So far 2023 has been a seismic year for crypto. The New Year saw an end to a difficult bear market, and February has seen an onslaught of moves by global regulators.
Just today it was rumoured that Gary Gensler's SEC had decided to categorise all digital assets other than Bitcoin as Securities....
Crypto Listing and Delisting Announcements: Week 9
27.2.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Today in Crypto: Tel Aviv Stock Exchange to Let Nonbank Members' Customers Trade Crypto, Two Hackers Arrested in France, $70M in BTC and ETH Donated to Ukraine
27.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Tel Aviv Stock Exchange to Let Nonbank Members' Customers Trade Crypto, Two Hackers Arrested in France...
Is the SEC’s action against BUSD more about Binance than stablecoins?
27.2.2023
The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance
Tel Aviv Stock Exchange Plans to Let Customers of Its Nonbank Members Trade Crypto
27.2.2023
The operator of Israel's public equity trading platform has also been working on setting up a blockchain-based digital asset trading platform
Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors
27.2.2023
A tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network, shows that the digital real token can be used...
Ceffu (Formerly Binance Custody) to be Custodian of Flynt Finance for Enhanced Asset Security and Off-Exchange Settlement
27.2.2023
PRESS RELEASE. Flynt Finance, a cryptocurrency portfolio management platform, has announced a partnership with Ceffu, formerly known as Binance Custody, to provide its clients with enhanced asset storage security and access to its off-exchange settlement solution, Mirror. Ceffu is an institutional...
Kucoin and Huobi Are Accused in Report of Enabling Russian Banks to Break Sanctions
27.2.2023
Huobi and KuCoin, two of the world's largest crypto exchanges, have reportedly continued to provide services to customers of sanctioned Russian banks.
The exchanges, both based in Seychelles, failed to take proper measures in order to block traders from transacting with debit cards issued...
Coinbase launches Base testnet & enhances dapps onchain
27.2.2023
Incubated within Coinbase, Base testnet goes live with the ability to enable developers to come up with secure and low-cost decentralized applications. Base has been developed with the intention of keeping it developer-friendly solely for the purpose of making it easier for every developer across...
Texas objects to Voyager-Binance.US deal, court filing shows
26.2.2023
Texas claims that Binance.US's terms of service and restructuring plan contain inadequate disclosures, and discriminate against Texas creditors
5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter
26.2.2023
2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also...
Indonesia Targets Mid-2023 for its State-Backed Crypto Exchange
26.2.2023
Indonesia aims to launch its much-anticipated state-backed crypto exchange by mid-2023, according to the country's Commodity Futures Trading Regulatory Agency (Bappebti), which currently oversees digital assets.
In a recent interview, Didid Noordiatmoko, head of Bappebti, said that the...
FTX Japan allows total withdrawal of funds; users rejoice the 'escape'
26.2.2023
Numerous community members have confirmed that all their money has been paid out. However, the FTX investors watching from the rest of the world remain hopeful of a similar outcome
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance
25.2.2023
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with...
‘Italian FTX’ Leaves Users in Limbo, Citing ‘Difficulties in Liquidity Management’
24.2.2023
Crypto Biz: Coinbase has a lot at stake
24.2.2023
Coinbase says its staking product offerings are different than Kraken's, which came under SEC scrutiny and resulted in a $30 million fine
Kamino Finance x Raydium: Launch of new well-managed vaults
24.2.2023
What can only be called one of the best developments, it has been learned that Kamino Finance and Raydium have extended their hands for a partnership to better provide trading experience on Solana DEX. The announcement was made by Kamino through an official Twitter handle and a blog post. Per...