Swiss asset manager Julius Baer eyes crypto and DeFi potential
Swiss asset manager Julius Baer is set to offer cryptocurrency exposure to its high-net-worth clientele. Go to Source Powered by WPeMatico
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Trade Minister Expects Russia to Legalize Cryptocurrency
Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced in the State Duma this week. Crypto Legalization Is Current Trend, Russian Minister Acknowledges Cryptocurrency can be legalized in the Russian Federation, according to a … Read more
FTX US to launch stock trading against stablecoins
FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange. Go to Source Powered by WPeMatico
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto Farm, Seizes Mining Hardware Police in Abkhazia have closed down another crypto mining installation in … Read more
Crypto Exchange Coinbase Slows Hiring Amid Market Downturn
Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its business goals. Coinbase to Reassess Headcount Needs, Focus on Integrating Recent Hires Cryptocurrency … Read more
SEC chair uses crypto enforcement in justification for FY2023 budget
“We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space,” said Gary Gensler. Go to Source Powered by WPeMatico
Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan
A new exchange listing, mainnet launch and competitive token burn mechanism led to a sharp rally in Socios fan tokens. Go to Source Powered by WPeMatico
Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
After an earthquake there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed. Go to Source Powered by WPeMatico
Meta trademark filing hints at plans for crypto payments platform
The five applications suggest the social media firm may use its namesake in a payments processing platform called Meta Pay. Go to Source Powered by WPeMatico
Analysts assess the aftermath of the Terra (LUNA) collapse | Cointelegraph interview
Mike McGlone, senior commodity strategist at Bloomberg, and financial commentator Frances Coppola discuss the implications of last week’s Terra collapse in Cointelegraph’s latest interview. Go to Source Powered by WPeMatico