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Stronghold requests permission to burn tires for crypto mining in Pennsylvania
30.8.2023
Company requests the use of Tire Derived Fuel, citing the United States Environmental Protection Agency’s approval to use this kind of energy source at other industrial facilities in the state
Crypto Analyst Predicts Stablecoin Adoption Boom Even in Face of Hostile Regulation
30.8.2023
Jamie Coutts, an analyst from Bloomberg Intelligence, has predicted that stablecoin adoption will grow significantly once the issue of hostile regulations in the U.S. is put aside, noting “adoption under the hood is exploding.” Coutts believes that stablecoin usage may overtake bitcoin...
Crypto Bank Seba Wins In-Principle Approval to Operate in Hong Kong
30.8.2023
Approval is the first step in acquiring a full license for Seba Hong Kong to deal in crypto or virtual assets-related products and traditional securities
Hong Kong’s first licensed retail crypto exchange HashKey eyes 2024 bull run
30.8.2023
HashKey became the first licensed retail cryptocurrency exchange to launch in Hong Kong and anticipates major growth of the Web3 industry in the special administrative region
Crypto Exchanges Saw Inflows of 30K Bitcoin Prior to Grayscale's SEC Victory
30.8.2023
The exchange supply of bitcoin increased significantly just prior to Grayscale's win over the SEC, according to analytics firm Santiment
US Congressman Calls to Dismiss Gensler as SEC Chair Following Grayscale Ruling
30.8.2023
US Congressman Warren Davidson of Ohio has called for the removal of Gary Gensler as Securities and Exchange Commission (SEC) chair following the Grayscale ruling on Tuesday.
Reacting to the ruling on Grayscale lawsuit, Congressman Davidson wrote that Grayscale’s victory provides more evidence...
Binance Mulls Leaving Russia, Limits Options for Russian Users
30.8.2023
Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the potential move comes after the exchange delisted several sanctioned Russian banks from its peer-to-peer (P2P) platform and restricted fiat payment options...
Binance launches crypto-to-bank account payment product in Latin America
30.8.2023
Binance's Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia
Swiss Bank SEBA Gets in-principle Approval From Hong Kong Regulators to Offer Crypto Services
30.8.2023
Crypto-friendly Swiss-based SEBA Bank has successfully obtained an approval-in-principle (AIP) from the Securities and Futures Commission (SFC) in Hong Kong, bringing it one step closer to offering crypto services in the region.
The AIP signals a pivotal moment for SEBA Hong Kong, the bank's...
Shiba Inu’s Shibarium Returns to Full Operation After Navigating Bridge Issues
30.8.2023
The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the bridge. Shiba Inu’s Shytoshi Kusama thanked Sandeep Nailwal, the co-founder of Polygon Labs, who stepped in with crucial resources to address the issue....
SEBA Bank secures in-principle nod for crypto services in Hong Kong
30.8.2023
SEBA Hong Kong’s approval joins a flurry of regulated crypto activity that’s taken place over the past month
Elon Musk’s X moves closer to crypto payments with new state license
30.8.2023
Regulators from Rhode Island have approved X’s application for a currency transmitter license
SEC’s ‘Secret’ Filing in Binance Case Could Relate to Criminal Investigation, Says Former SEC Official
30.8.2023
The U.S. Securities and Exchange Commission’s former head of Internet enforcement suspects that the SEC’s “secret” filing in the Binance case is a “rare” tactic that could relate to the Department of Justice’s criminal investigation against the crypto exchange. He stressed...
Binance Launches Send Cash For Quick and Low-Cost Crypto Transfers in Nine Latin American Countries
30.8.2023
Following Binance's suspension of its cryptocurrency debit card services, Binance is introducing a new product in Latin America called "Send Cash," which enables users from 9 countries in the region to transfer crypto using Binance Pay.
In its statement on Tuesday, Binance ‘Send Cash’ will enable...
Tornado Cash Indictments May Prove to Be Just a Localized Storm After All
30.8.2023
The Tornado Cash indictments could be another tipping point for crypto. How the case plays out could define how the federal government can deal with decentralized trading platforms if they’re seen as broad precedents. But the case may be much more straightforward than initial reactions suggested
Best Crypto to Buy Now August 29 – XDC Network, Avalanche, Algorand
30.8.2023
Bitcoin jumped to a two-week high on Tuesday, August 29, after digital asset manager Grayscale won a lawsuit against the U.S. Securities and Exchange Commission (SEC).
Bitcoin's price gained $1,400 within the first hour after the news broke. The ruling by the U.S. Court of Appeals for the District...
US Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry
30.8.2023
Members of the U.S. Congress have expressed concerns about the possible problems that implementing the newly proposed crypto tax reporting requirements could create in the entire industry. Patrick McHenry, Cynthia Lummis, and others reacted differently to the potential effects of these proposals...
Crypto community jubilant over Grayscale decision, but uncertainty remains
29.8.2023
The court’s decision that the SEC has to consider Grayscale’s Bitcoin spot ETF application is good news for crypto but maybe not as impactful as some hoped
FTX Founder’s Expert Witnesses Face Exclusion in Fraud Trial
29.8.2023
The U.S. Department of Justice filed a motion on Monday seeking to bar all seven of Sam Bankman-Fried’s proposed expert witnesses from testifying in the former FTX CEO’s upcoming fraud trial. Federal prosecutors cited issues with the witnesses’ reliability and accused them...
One less crypto-friendly candidate — Miami mayor ends US presidential run
29.8.2023
Along with longshot Democratic hopeful Robert F. Kennedy Jr., Francis Suarez was one of the few openly crypto-friendly candidates running in 2024