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‘High-Net-Worth’ Chileans Growing Crypto Keen, Says Expert

17.8.2023
“High-net-worth-individuals” in Chile are growing increasingly keen on crypto investment, an expert has claimed. Per America Economia, the comments were made by Christopher Storaker, the CEO of Arch Finance, a crypto investment firm with a presence in the Latin American country. Storaker...

Best Crypto to Buy Now August 16 – SEI, THORChain, Toncoin

17.8.2023
Cryptocurrency markets fell on Wednesday, with total market cap dropping by around $16 billion to around $1.1 trillion, Bitcoin (BTC) dropping 1.5% to around $28,700 and Ether (ETH) dropping 1.1% to just above $1,800, where it is now finding support from its 200DMA. Downward moves in the crypto...

Coinbase Secures Regulatory Approval to Offer Crypto Futures to US Customers

17.8.2023
The Nasdaq-listed crypto exchange Coinbase has secured regulatory approval to operate a Futures Commission Merchant (FCM) and offer customers access to crypto futures. “Coinbase will now be the first crypto-native leader to directly offer traditional spot crypto trading alongside regulated...

Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says

17.8.2023
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway

Canada’s regulatory clarity is bringing institutions to crypto - WonderFi CEO

16.8.2023
Dean Skurka stated that although regulations have increased cost, they have also led to greater interest in crypto from institutions

Bankman-Fried Donated $100 Million of FTX Money to Politicians, Prosecutors Claim

16.8.2023
Crypto exchange FTX founder Sam Bankman-Fried (SBF) spent more than $100 million of customer funds on political donations, according to an amended indictment. On Monday, U.S. federal prosecutors also alleged that he used two FTX executives as “straw donors” to evade contribution limits....

CoinSmart president says crypto taxes are a 'little bit more favorable' outside US

16.8.2023
According to Jeremy Koven, Canadian crypto firms may have a better regulatory environment than ones in the United States, benefitting users in a number of ways

Bitcoin Price Prediction as Crypto Prices Tumble and BTC Falls to $29,000 – Here are Key Levels to Watch

16.8.2023
The volatile nature of the cryptocurrency market is once again underscored as Bitcoin, the foremost digital currency, witnesses a significant drop, plummeting to levels around $29,000. Amidst an overall tumble in crypto prices, the immediate trajectory and stability of Bitcoin remain the subjects...

Trump Owns Even More Crypto Than First Known, New Documents Show

16.8.2023
The former U.S. president currently holds $2.8 million in ETH after debuting an NFT collection last year, fresh disclosures reveal

How PayPal Upended the Crypto Debate in Washington D.C.

16.8.2023
The fintech giant’s PYUSD stablecoin has forced a rethink among Democratic policymakers who previously resisted federal legislation, says John Rizzo

Paypal Pauses UK Crypto Purchases Amid Regulatory Changes; Assures Resumption in Early 2024

16.8.2023
In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, users can continue to hold their crypto within the Paypal ecosystem and are free...

The FBI Seizes Nearly $2 Million Of Digital Assets In Three Months, New Filings Reveal

16.8.2023
The Federal Bureau of Investigation (FBI) seized digital assets worth $1.7 million from March to May in the United States. According to the filing, the Federal law enforcement agency seized Bitcoin (BTC), Ether (ETH), USD Tether (USDT), Monero (XMR), and DAI in its ongoing efforts to curb unlawful...

Sei, Blockchain Designed for Trading, Goes Live but 'Frustration' Mounts Over Airdrop

16.8.2023
The buzzy blockchain project's SEI token saw a flurry of trading as it debuted on several crypto exchanges Wednesday, but there was much confusion over the status of a promised token "airdrop" to early adopters of the network

Bitgo Secures $100 Million in Series C, Firm’s Valuation Climbs to $1.75 Billion

16.8.2023
The digital asset trust firm Bitgo, headquartered in Palo Alto, California, has secured $100 million in a Series C funding round. While the company remains tight-lipped about the participants in this financial endeavor, this fresh infusion of capital catapults the firm’s post-valuation...

Vitalik Buterin calls X’s Community Notes an example of ‘crypto values’

16.8.2023
The Ethereum co-founder said the algorithm behind X’s tool to rate content as helpful and provide context was “surprisingly close to satisfying the ideal of credible neutrality.”

FDIC's Annual Risk Report Embraces Crypto as a Significant Banking Concern

16.8.2023
Crypto assets present “novel and complex risks” to the banking sector that are “difficult to fully assess,” according to the Federal Deposit Insurance Corporation (FDIC)’s 2023 Risk Review for the banking sector. The report – published earlier this month – named “crypto-asset risk” among five...