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CoinEx’s tokens and services are under NY Attorney General scrutiny
23.2.2023
In the crypto sphere, exchanges continue to come under scrutiny by regulators and relevant authorities. The reason is pretty simple: most exchanges offer tokens and services that qualify as securities and/or commodities, but they are being offered without any registration. The New York Attorney...
German DZ Bank adds digital currencies into asset management services
23.2.2023
German asset manager DZ Bank collaborated with Swiss technology firm Metaco to add digital asset management into its services
Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs
22.2.2023
With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued non-fungible token (NFT) assets. Luxor Plans to Address...
Ankr partners with Microsoft to offer enterprise node services
21.2.2023
The partnership will offer low-latency blockchain connections for Web3 projects, enabling developers to focus time on scaling their applications
Trading Platform eToro Gains New York BitLicense to Provide Crypto Services
21.2.2023
The platform also obtained a money transmitter license from the U.S. state’s financial regulator
FTX poked the bear and the bear is pissed — O'Leary on the crypto crackdown
21.2.2023
Kevin O'Leary believes U.S. Senators are “fatigued” and “pissed” at the cryptocurrency industry for having to deal with one blowup after another
Bill Allows Russian Financial Platforms to Operate Blockchains, Issue Digital Assets
18.2.2023
A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with issuing digital assets. New Law Opens Door...
Cudos partners Fetch.ai to boost AI services
17.2.2023
The wordplay of “Cudos” and “Kudos” has started on Twitter since an announcement by Cudos. Its community is leaving no opportunity to appreciate the move in which it has partnered with Fetch.ai to enable its machine learning and artificial intelligence services. Under...
Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas
17.2.2023
PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and...
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
17.2.2023
Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”
Study: 55% of Americans Believe They Will Lose It All if a Recession Hits the United States
16.2.2023
According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would lose...
Education is key to financial freedom, says Bitcoin advocate Najah Roberts
15.2.2023
The Agenda podcast discusses the importance of financial literacy and education in Part 2 of a conversation with BTC advocate and entrepreneur Najah Roberts
Only 4% of Companies in Spain Have Moved to Offer Services in the Metaverse
15.2.2023
Only 4% of the companies in Spain have managed to apply the metaverse to their operations, according to a survey conducted by ISDI, a national business school. 40% of the business managers surveyed have admitted that it is difficult for them to bring parts of their business to the metaverse in...
South Korea to examine crypto staking services following the Kraken case
15.2.2023
No details on the timeline and methods of the examination were provided, but reportedly it would be conducted moderately as no wrongdoings have been registered in the country
UK Payments Company Wirex Becomes Visa Global Partner, Extends Crypto Card Program Reach to Over 40 Countries
15.2.2023
Wirex, a London-based digital payments company, has announced it has become a global partner of Visa, to allow the company to bring its card services to more markets in the world. The new partnership means that Wirex will be able to offer its crypto card services to APAC and U.K. markets. Wirex...
Crypto Trading Platform Talos Announces Tie-Up With Payment Services Provider BCB Group
15.2.2023
Clients of the two firms will have access to comprehensive trade lifecycle services
Southeast Asia’s Largest Bank DBS Unveils Plan to Expand Crypto Services in Hong Kong
15.2.2023
DBS, the largest bank in Southeast Asia, has unveiled its plan to expand its crypto services in Hong Kong. “We are planning to apply for a license in Hong Kong so that the bank could sell digital assets to our Hong Kong customers,” said an executive of the bank. DBS Bank to Apply...
Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure
14.2.2023
The BUSD supply has decreased by more than 6% since Paxos announced on Monday that it would halt issuance due to regulatory pressure
Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions
14.2.2023
According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting governor Soraya Hakuziyaremye cites the unregulated status of most crypto...
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
13.2.2023
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees...