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Myanmar’s shadow government backs launch of crypto-based bank

20.7.2023
The Spring Development Bank is Myanmar’s first financial institution to run entirely on crypto and blockchain

Societe Generale Division Forge Receives Crypto Services License From AMF

20.7.2023
French banking giant Societe Generale’s subsidiary, Forge, has been issued with the first crypto services license issued under the country’s crypto assets laws. According to France’s Autorité des Marchés Financiers, the license allows Forge to offer services which include crypto...

Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says

20.7.2023
The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was...

Tesla’s diamond hands: EV maker's Bitcoin holdings see no change in Q2

20.7.2023
After purchasing $1.5 billion worth of Bitcoin in 2021, Tesla sold 75% of it in 2022 and is now hanging onto its remaining $184 million Bitcoin stash

Best Crypto to Buy Now 19 July – FLEX Coin, Stellar, Cardano

20.7.2023
Nasdaq, the premier tech-based stock exchange in the US, announced on Wednesday that it has put its highly anticipated cryptocurrency custody service on hold due to changing regulatory conditions. Similar to other traditional financial institutions, Nasdaq's decision reflects a growing reluctance...

US Securities Regulator Accepts Valkyrie’s Spot Bitcoin ETF Application

19.7.2023
The U.S. Securities and Exchange Commission (SEC) has formally accepted the spot bitcoin ETF application filed by asset manager Valkyrie. The move, which opens the door to an official review process, follows last week’s acknowledgment of Blackrock’s bitcoin ETF application. U.S. SEC to Review...

No impact from Ripple ruling? SEC chair cites risks from crypto in budget request

19.7.2023
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission's 2024 fiscal budget

TruthGPT Token Price Pumps 90%, Is yPredict The Best AI Crypto Project To Watch Next?

19.7.2023
Following an impressive 90% surge yesterday, TruthGPT (TRUTH) is currently undergoing a significant correction. TRUTH is experiencing a 23% price decrease so far today, with its current price at $0.001635, having dipped below the Fib 0.5 level of $0.001754. The 4-hour 20 EMA stands at $0.001561...

SEC Chair Gensler Cites 'Wild West' of Crypto in Case to Increase Agency's Budget

19.7.2023
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Multiple spot crypto ETF applications go to Federal Register in step toward SEC approval

19.7.2023
Publishing the ETF applications in the official journal of the U.S. government gives the SEC up to 240 days for final approval or denial — until March 2024

Nearly 80,000 Dormant Ether ICO Tokens Awaken in 2023, Including 61,216 ETH Transfer to Kraken

19.7.2023
Based on onchain metrics, a dormant wallet containing 61,216 ether acquired during the initial coin offering (ICO) has recently transferred the cryptocurrency after lying idle for a span of eight years. The funds have reportedly been sent to the crypto exchange, Kraken. This occurrence marks...

Bipartisan bill to regulate DeFi, crypto security risks, introduced into US Senate

19.7.2023
The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.”

Crypto VC Investor Shima Capital Struggles to Establish Long-Term Partnership with Independent Auditor

19.7.2023
Shima Capital, a prominent venture fund in the crypto sector, has encountered challenges when seeking for a long-term independent auditor. The VC firm, which has raised $200 million for its debut fund and invested in nearly 200 startups, has not undergone a formal audit since its launch in 2021...

Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment

19.7.2023
Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch...

B2BinPay Now Offers Branded Hardware Wallets Through Collaboration With Ledger

19.7.2023
B2BinPay, a leading crypto-processing platform, has revealed a new partnership with Ledger, the global platform for digital assets. As a result of this collaboration, clients of B2BinPay will have the chance to acquire a limited-edition Ledger Nano X, which will be branded with the B2BinPay logo....