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Nalezeno "Crypto Industry": 1309

Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services

15.4.2023
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide...

Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry

8.4.2023
Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of...

P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return

4.4.2023
According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but he also noted that he could...

The Crypto Industry Needs to Fix Itself Before It Can Progress

3.4.2023

New Report: Bankruptcy Markets Thrive Amid Crypto Industry Turmoil Following FTX's Collapse

31.3.2023
Users of failed crypto exchanges and funds are selling their claims for a fraction of their paper value, creating a thriving market for bankruptcy claims. The 2022 crypto meltdown affected some of the most prominent digital asset firms, leading to the collapse of dozens of high-profile crypto...

How a TikTok ban in the US could affect the crypto industry

31.3.2023
YouTuber CryptoWendyO believes the TikTok ban is not really about TikTok, and could be used to go after the crypto space itself

Here’s how the crypto industry is using artificial intelligence

31.3.2023
The rise of artificial intelligence (AI) though in its early stages has found use cases in crypto through countless projects

Gary Gensler: SEC Needs New Tools, Expertise, and Resources to Regulate Crypto Industry

31.3.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said in a congressional hearing that the securities regulator “requires new tools, expertise, and resources” to combat misconduct in the crypto space. “We’ve seen the Wild West of the crypto markets, rife with...

Binance Sees $2.2 Billion Outflows Following CFTC Lawsuit – Should the Crypto Industry be Worried?

30.3.2023
The major crypto exchange Binance has seen a whopping $2.2 billion in outflows after news broke that it has been sued in the US by the Commodity Futures Trading Commission (CFTC). The lawsuit, which alleged that Binance offers “unregistered securities” to retail users in the US, was announced...

Volt Inu Partners With OKX to Enable OKX Wallet Web Extension Users to Access Voltichange

30.3.2023
PRESS RELEASE. Volt Inu, the innovative crypto project and leading decentralized exchange (DEX) platform, announced a significant partnership with OKX, one of the top exchanges in the crypto industry, on March 27, 2023. Volt Inu’s Twitter announcement revealed that the two companies would...

European Parliament Passes Historic Anti-Money Laundering Rules for Crypto Industry – More Regulation Incoming?

29.3.2023
The European Parliament on Tuesday approved new rules that aims to prevent crypto from being used for money laundering purposes. The most important part of the new legislation for crypto users is new a €1,000 ($1,080) cap on anonymous crypto transactions, meaning transactions that are made between...

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

29.3.2023
According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying...

Ethereum Co-Founder Says Crypto Ecosystem Has Never Been Better or Stronger

28.3.2023
Ethereum co-founder Joseph Lubin says the strength of the crypto ecosystem “has never been better or stronger.” He believes “more clarity” from regulators would be helpful for the crypto industry. “I think our industry has suffered from having two major factions...

A friend in need: How the crypto industry reacts to recent bank bailouts

27.3.2023
With a focus on sovereignty and creating an alternative to traditional financial systems, how is the crypto community reacting to government intervention in the recent bank crisis?

Paris Blockchain Week 2023: A net positive for the entire crypto industry

27.3.2023
The theme of PBW revolved around the evolution of Web3 in the mainstream, the past, present and future of the crypto industry

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

26.3.2023
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major...