Singapore central bank releases regulatory framework for stablecoins
The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore. Go to Source
Month: August 2023
‘Evidence is piling’ for a new crypto bull run: Delphi Digital co-founder
Delphi Digital co-founder Kevin Kelly believes a recent change in a key U.S. manufacturing business index could be one of the bellwethers for a crypto bull run. Go to Source
Binance seeks protective order against SEC’s ‘fishing expedition’
The exchange claims the SEC’s deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance. Go to Source
Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case
Ryan Salame plans to plead the Fifth if he is asked to testify at Sam Bankman-Fried’s criminal trial, according to United States prosecutors. Go to Source
Crypto highlighted as ‘novel and complex’ risk to US banks: FDIC report
The FDIC warns that uncertainty around crypto’s legal status, the likelihood of fraud and contagion present key risks to United States banks. Go to Source
Analysts tip 5 catalysts that could break Bitcoin, crypto from its stupor
Analysts believe spot Bitcoin ETFs, new stablecoin adoption, and an upcoming Ethereum scaling upgrade are among the catalysts that could reignite the crypto markets. Go to Source
Crypto custodian Prime Trust files for Chapter 11 bankruptcy
The crypto custodian’s bankruptcy comes as it’s been unable to honor customer withdrawals for months. Go to Source
Chainlink, Stellar, Everlodge Are Bullish, Will This Trend Continue?
Chainlink (LINK) exhibits steady yet minimal gains among recent notable crypto movements, while Stellar (XLM) charts paint a bullish picture. Meanwhile, Everlodge (ELDG), a rising star, is witnessing a phenomenal doubling of its holder count, fueled by FOMO. This article delves into the dynamics shaping of these three cryptocurrencies and explores the factors behind their … Read more
Grayscale Bitcoin ETF decision could happen this week, pundits say
The pending Grayscale ruling could impact the race for an approved spot Bitcoin exchange-traded fund. Go to Source
Google Bard Bullish on Aave, Filecoin, and Pomerdoge
Google Bard is one of the revolutionary inventions of AI chatbot communication that has flooded the internet in recent times. Aside from being used as a general research tool, the chatbot has been found helpful in dishing out top-notch market analysis. In today’s prediction of Google Bard, Aave (AAVE), Filecoin (FIL), and Pomerdoge (POMD) are … Read more
