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Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield
19.5.2023
The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital
FATF President Urges G7 to Lead in Shutting Down ‘Lawless Crypto Space’
19.5.2023
It is necessary to put an “end to the lawless crypto space,” according to the head of the Financial Action Task Force (FATF). G7 nations must set an example in implementing global standards on combating money laundering, the executive insisted, as little progress has been made in regards...
U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M
19.5.2023
An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday
Bankrupt Crypto Firm Celsius May Receive Second Chance from Wall Street
19.5.2023
The now-bankrupt crypto lender Celsius Network may get a second chance with the help of Wall Street investment giants.
According to a Wall Street Journal article from Thursday, two groups of investment heavyweights are currently engaged in a bidding war for what remains of Celsius, close to a year...
US CFTC Chair Rostin Behnam Says DeFi Crypto Exchanges Can Be Regulated – Here's the Latest
19.5.2023
Decentralized exchanges (DEXs) and other aspects of the decentralized finance (DeFi) world can be regulated in the US, even though it is “just code,” according to Commodity Futures Trading Commission (CFTC) chair Rostin Behnam....
Read More: US CFTC Chair Rostin Behnam Says DeFi Crypto Exchanges...
President Biden’s Crypto Mining Tax “Isn’t Going To Happen,” Sen. Lummis Says
19.5.2023
US Sen. Cynthia Lummis is not a fan of President Biden’s proposed 30 percent tax on cryptocurrency miners.
“That isn't going to happen,” the Wyoming Republican and crypto enthusiast, said on Friday at Bitcoin 2023 Conference in Miami.
There are environmental benefits including “not venting...
Texas Lawmakers Pass Proof-of-Reserves Cryptocurrency Bill
19.5.2023
The Texas legislature passed a bill this week requiring cryptocurrency exchanges to provide a “proof of reserves,” the latest move by the lone star state.
HB-1666, co-sponsored by state Republicans Rep. Giovanni Capriglione and Sen. Tan Parker, applies to digital asset service providers that...
Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise Funds at $1BN Valuation, Ledger Co-founder Calls Recover Service Launch a 'Horrible Mess'
19.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise...
Is Pepe Coin Price Dead? $COPIUM and AiDoge Might Be The Best Crypto to Buy Today
19.5.2023
The Pepe Coin (PEPE) price continues to cool and some are claiming that the cryptocurrency might now be dead.
PEPE/USD was last changing hands around $0.0000015, according to DEX Tools.
That’s a more than 60% pullback from the cryptocurrency’s recent highs near $0.0000040.
Technicians note that...
Coinbase Praises Canada’s Crypto Approach as U.S. Regulatory Pressure Intensifies
19.5.2023
NY Attorney General Secures $4.3 Million Refund for Coin Cafe Customers Misled by Hidden Fees
19.5.2023
The New York Attorney General’s office has ordered crypto trading platform Coin Cafe to repay $4.3 million to users for charging hidden fees.
In a Thursday announcement, Attorney General Letitia James revealed that it has secured $4.3 million for Coin Cafe users after the company charged...
Bitcoin2023 Suffers from Low Turnout Amidst High Ticket Prices and Crypto Downturn
19.5.2023
"The world's biggest Bitcoin conference" seems to have shrunk – attendance-wise, that is.
According to the FAQ and the official social media sites, Bitcoin 2023 is the biggest Bitcoin conference in the whole world, but despite the variety of speakers, panels, and events announced, there...
Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
19.5.2023
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said
XRP Price Prediction as Ripple CEO Says Crypto Firms May Leave US Amid Confusing Rules – Here's the Latest
19.5.2023
The XRP price has risen by 3.5% in the past 24 hours, with its climb to $0.463353 representing an 8% gain in the last seven days.
Its current price means it has dropped by 11% in a month but increased by 36% since the beginning of the year, with this appreciation coming as the market awaits...
Crypto Firm Hashkey Eyes $1 Billion Valuation, Capitalizing on Hong Kong's Digital Shift
19.5.2023
Hong Kong-based digital asset firm HashKey Group aims to raise funds at a valuation of more than $1 billion.
The company is in early-stage talks to raise $100 million to $200 million from potential investors, Bloomberg reported Friday, citing people familiar with the matter.
The deal...
Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future
19.5.2023
Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week, Bitpay, a prominent player in the crypto payments sector, made...
Crypto Browser Opera Integrates Layer 1 Blockchain MultiversX
19.5.2023
Users will be able to interact with the MultiversX network through its native tokens, NFTs and decentralized applications, all within the Opera browser interface
Top Argentine Lawyers Hit Out at Crypto ‘Ban’ – Will Government Respond?
19.5.2023
Top Argentinian lawyers have criticized the government’s partial “ban” on crypto trading.
Buenos Aires has moved to block firms from letting their customers conduct transactions with cryptoassets.
This month, the Central Bank of Argentina stated that domestic platforms must not “facilitate”...
Ripple is creating ripples in the crypto market
19.5.2023
The US Securities & Exchange Commission is constantly taking a toll on the crypto market in an attempt to protect the interest of investors and traders. Ripple is on the list too, but for something – Ripple is making advancements non-stop. One such move was announced by the team...
Crypto should become a regular part of TradFi within 5-10 years: Exchange CEO
19.5.2023
Bittrex Global CEO, Oliver Linch, believes crypto conferences won't exist in 5-10 years as crypto would just become a part of traditional finance