NatWest cuts payment channels to Binance citing regulatory uncertainty
“It’s like people can’t spend their money on what they want anymore,” one Twitter user noted regarding NatWest’s action against Binance. Go to Source Powered by WPeMatico
Cryptocurrencies
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Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says
Europe’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the design and purpose of the digital euro after a decade-long delay, if cryptocurrency is taken as a benchmark. Digital Euro to ‘Feel Like a Prepaid … Read more
Bank of Russia asks stock exchanges to not list crypto-related firms
The Bank of Russia’s new stock exchange recommendations do not apply to central bank digital currencies and authorized digital assets issued in Russia. Go to Source Powered by WPeMatico
Currency.com becomes executive member of self-regulating trade group CryptoUK
The firm said it planned “to drive greater dialogue and collaboration with regulators and policy makers” as a member of the group. Go to Source Powered by WPeMatico
Record network activity and a second NFT boom send WAX price higher
WAXP price appears to be gaining strength after the NFT-focused project introduced staking, yield farming and partnerships with companies that offer pop culture collectibles. Go to Source Powered by WPeMatico
Altcoins secure double-digit gains after Bitcoin surges toward $33K
TEL, MATIC and AXS soared higher as Bitcoin’s relief rally to $32,800 lifted the entire market. Go to Source Powered by WPeMatico
Bitcoin price hits $32K but derivatives metrics still show signs of weakness
Bitcoin price rallied 8.5% to recover the $32,000 level, but derivatives data shows pro traders still feel apprehensive. Go to Source Powered by WPeMatico
Crypto exchange OKCoin taps FIS subsidiary Worldpay to lead global expansion
“Worldpay has extensive experience guiding cryptocurrency exchanges through the complexities of the global payment ecosystem,” said Jason Pavona, a general manager with Worldpay Solutions. Go to Source Powered by WPeMatico
Multi-asset exchange wins crypto trading license in Bermuda
Bermuda Premier David Burt said that 24 Exchange’s regulatory approval is the “first license of its kind to be issued in Bermuda.” Go to Source Powered by WPeMatico
Bitcoin security still a concern for some institutional investors
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests. Go to Source Powered by WPeMatico