As part of its strategy to enlighten investors about safe crypto firms to use, Hong Kong is releasing the list of crypto firms that applied for its newly launched retail crypto trading licenses. This new decision was informed by the JPEX’s incident…
Coinbase has secured a registration with the Bank of Spain, the company said in a blog post on 22 September. The exchange’s registration recognizes it as a cryptocurrency exchange and custodian wallet provider with the Bank of Spain. Going forward, Coinbase will…
Leading crypto exchange Binance on Thursday outlined the details of a consultation it had with the European Banking Authority regarding stablecoin-specific regulations in the European Union’s Markets in Crypto Assets (MiCA) legislation. One of the key areas of focus for the conversation…
Tether has taken a U-turn on its earlier decision to downsize its stablecoin loans. The company has resumed issuing USDT loans barely one year after it said it would stop its lending program. The Tether’s latest quarterly financial report shows that Tether…
Crypto payment gateway Alchemy Pay has secured a Money Transmitter License in Arkansas, the company said in a press release on Thursday 21 September. The license granted by the Arkansas Securities Department, empowers Alchemy Pay to enhance its operations within the United…
Bitcoin’s price is becoming increasingly unpredictable. The asset has been trading in a tight range before a recent rally that saw it rise above $27,000 as investors hope for a happy ending to the Fed’s decision today. One thing is clear though…
The U.S securities and exchange commission (SEC) says it will extend its crypto hunt to more crypto firms soon. Head of the agency’s Crypto Assets and Cyber Unit, David Hirsch said this on Tuesday at the Securities Enforcement Forum Central in Chicago. Hirsch…
The crypto market has experienced a slight bounce with Bitcoin leading the way. The top cryptocurrency jumped to over $27,000 in the last 24 hours, gaining 2.42%. Other top cryptocurrencies have also bounced slightly as a result. This represents a break out…
The Chinese government has entered a partnership with MY E.G. Services Berhad (MYEG) to leverage on the Zetrix blockchain to offer cross-border credentials verification services. The government entered the partnership through China’s state-owned Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd….
The enforcement approach to crypto regulation in the U.S. is likely to cause the loss of 4 million jobs by 2030, a recent analysis by Coinbase shows. Coinbase says the approach risks the U.S. one million developer jobs and three million non-technical…
The case between Binance and the U.S. securities and exchange commission (SEC) has taken another turn, as the SEC is accusing Binance.US of not cooperating with the agency in an ongoing investigation. BAM, the company behind Binance.US is said to be holding…
Hong Kong has responded to the word of caution Ethereum’s Co-founder and CEO, Vitalik Buterin sounded at the Web3 Transitions Summit in Singapore on Thursday. Buterin in his presentation said businesses intending to establish in Hong Kong should consider the stability of…
Ripple Labs has extended its Liquidity Hub platform to two more countries, Brazil and Australia. The company announced on Thursday 14 September that the move was aimed at bringing a “streamlined” way of buying, selling, and holding crypto assets in the two…
Ethereum co-founder Vitalik Buterin has recovered his Twitter handle after an attack that led to the hijacking of the account. Buterin confirmed his T-Mobile account was a victim of a sim swap that led to the takeover. A sim swap is a…
The securities and exchange commission (SEC) has fired back at Ripple for asking a New York court to throw out the agency’s appeal against its win. The SEC on Friday said the appeal won’t be a prolonged process as it will only…
Blockchain company Ripple has announced it is enabling the adoption of web3 by acquiring Fortress Trust. Fortress Trust provides Web3 financial, regulatory, and technology infrastructure for blockchain innovators from Fortune 500 businesses to fintech startups who are building blockchain-based services that will…
The U.S. Commodities Futures Trading Commission (CFTC) has filed and settled cases against three decentralized finance (DeFi) protocols, Opyn, ZeroEx and Deridex. The commission announced this on Thursday, warning other DeFi protocols to be cautious. According to the CFTC, Deridex and Opyn…
An Australian fintech company, Block Earner has announced plans to launch a new crypto loan service. This is coming in spite of an ongoing court case with Australia’s financial regulator, the Australian Securities and Investments Commission (ASIC), for allegedly offering financial products…
Crypto.com, through its NFT collection, Loaded Lions, has launched a game known as Mane City on the Cronos Chain. The game is the first ever launched by Crypto.com, a top crypto exchange with headquarters in Singapore. This is in line with the…
Payment giant Visa has announced it will be expanding its stablecoin settlement capabilities to the Solana blockchain, working with merchant acquirers Worldpay and Nuvei, two giants in the industry. This is in order to further leverage innovative technologies in the digital currency…