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SEC says crypto exchanges are delisting Naira from P2P platforms
17.5.2024
The Securities and Exchange Commission (SEC) recently announced that cryptocurrency exchanges have begun delisting the Naira for peer-to-peer (P2P) trading platforms. The SEC and the Office of the National Security Advisor (ONSA) issued an order the week prior mandating that digital currency...
Over 80% recent Binance token listings are bleeding red
17.5.2024
Most of the newly launched tokens function as “exit liquidity” for insiders capitalizing on the lack of retail access, due to their high initial FDV
Block Subsidiary, TBD, Partners With Chipper Cash for Quicker, More Affordable Remittances
17.5.2024
TBD, a subsidiary of Block, owned by Jack Dorsey, has formed a partnership with Chipper Cash, an Africa-focused fintech company. This partnership aims to expedite consumer remittances and make them more affordable. According to a statement, Chipper Cash plans to use the decentralized exchange...
French regulator warns investors Bybit provided services ‘illegally’
16.5.2024
The Autorité des Marchés Financiers reported Bybit has been blacklisted since May 2022 “for non-compliance with current French regulations.”
India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban
16.5.2024
The Securities and Exchange Board of India (SEBI) has proposed a multi-regulator approach to oversee cryptocurrency trading. In contrast, the Reserve Bank of India (RBI) seeks a stablecoin ban.
The post India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban appeared first...
Cryptocurrency Exchange Kucoin Suspends P2P Services for Nigerian Naira
16.5.2024
Kucoin, a global cryptocurrency exchange platform, announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) services for the Nigerian naira, as well as the Fast Buy service via naira cards. The crypto exchange stated that during this period, it will focus on ensuring compliance...
Dogecoin Creator Expresses Pessimistic Stance on Spot Ether ETF Approval
16.5.2024
Billy Markus, the co-founder of Dogecoin, has expressed his scepticism regarding the approval of spot Ethereum exchange-traded funds (ETFs), although the US Securities and Exchange Commission (SEC) has not yet made a decision on the matter.
The post Dogecoin Creator Expresses Pessimistic Stance...
Breaking: Senate Overwhelmingly Votes To Overturn The SEC’s SAB121
16.5.2024
The U.S. Senate voted to formally issue a disapproval of the United States Securities and Exchange Commission’s (SEC) controversial staff accounting bulletin SAB121 on Monday afternoon. The vote follows a House vote of the federal agency’s guidelines, with the resolution now headed to President...
Is It Too Late to Invest in Floki? Floki Price Leads as AI Meme Coin Readies for Exchange Listing
16.5.2024
Over the last seven days, popular ERC-20 meme coin Floki ($FLOKI) outpaced crypto’s favorite doggy meme coins and rallied a blistering 23.7% to trade at $0.0002138. Floki’s rally comes as a sea of green candles across most leading cryptocurrencies makes for an emerald market. Leading...
Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame
16.5.2024
Sam Trabucco, who resigned as co-CEO of Alameda Research in August 2022, has largely remained absent from the public eye since the collapse of FTX
French Securities Regulator Warns Investors Against Crypto Exchange Bybit
16.5.2024
France's securities regulator has issued a renewed warning against crypto exchange Bybit, urging customers to “make arrangements for the eventuality that the platform [may] suddenly cease to provide services” to customers in France
ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul
16.5.2024
The Shiba Inu ecosystem's decentralized exchange, ShibaSwap, has successfully transitioned to the Shibarium blockchain, introducing many new features and enhancements, including improved SHIB burns.
The post ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul appeared first on Cryptonews
ShibaSwap rolls out major upgrade, moves to Shibarium
16.5.2024
Previously only available on the Ethereum blockchain, the DEX will now operate on both Shibarium and Ethereum
SHIB to Get More Scarce as Key Exchange Expands to Shibarium
16.5.2024
Increased transactions on the Shibarium blockchain will lead to a higher burn rate for the SHIB token, reducing its circulating supply
Chicago Mercantile Exchange Eyes Bitcoin Trading to Seize Growing Market Demand: Report
16.5.2024
The Chicago Mercantile Exchange (CME) is reportedly planning to launch Bitcoin trading, seeking to capitalize on the swelling demand for Bitcoin among Wall Street fund managers this year.
The post Chicago Mercantile Exchange Eyes Bitcoin Trading to Seize Growing Market Demand: Report appeared first...
US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions Evasion
16.5.2024
U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns that Garantex is reportedly facilitating sanctions...
Congressman Wiley Nickel Slams SEC’s “Open Hostility” Towards Digital Assets, Urges Gensler To Rescind SAB121
15.5.2024
Congressman Wiley Nickel (D-CA) is criticizing United States Securities and Exchange Commission (SEC) Chair Gary Gensler over SAB121 and the agency’s “open hostility” towards crypto, a Wednesday letter to Gensler from Congressman reveals. Nickel's letter comes amidst the controversial staff...
Tether’s USDT Implicated in $2B Illegal Foreign Exchange Scheme in China – Regulation Coming?
15.5.2024
On May 15, a few people suspected in an underground banking operation were arrested by Chinese police in Sichuan province. They have been charged in facilitating illegal foreign currency transactions involving around $2 billion worth of Tether's USDT.
The post Tether’s USDT Implicated in...
EGLD listed on Poloniex: Trade and grow your crypto!
15.5.2024
Poloniex, a global platform for trading digital assets, has announced its plan to include EGLD, the primary token of MultiversX, in its list of available cryptocurrencies. This inclusion will be the gateway to numerous new users who will be able to join and be active in the EGLD ecosystem....
Binance to discontinue XRP and TUSD as margin assets
15.5.2024
Binance has made a formal declaration that it will be severing its ties with XRP, creating ripples in the market. Despite this, XRP managed to raise its price. This decision of Binance also brings TUSD (TrueUSD) into the picture. The company’s view-point is that it will not accept XRP and TUSD...