FTX exchange floats $1M prize for banks to accept stablecoins
Stablecoins like USDT are under scrutiny in the United States, with some lawmakers calling for greater regulatory oversight of the industry. Go to Source Powered by WPeMatico
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Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized Worldwide
Binance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed. Binance Receives In-Principle Approval in Bahrain Crypto exchange Binance announced Monday that it has “received in-principle approval … Read more
Analysts say 2022 will be ‘defined by agility and cost-efficiency’ instead of ‘blockchain purity’
In addition to BTC price hitting $100,000, analysts expect the crypto market to pivot toward “cost efficiency” and “agility” in 2022. Go to Source Powered by WPeMatico
Binance Turkey fined 8M lira for non-compliance against money laundering
MASAK found Binance Turkey guilty of violating the Law on Prevention of Laundering Proceeds of Crime, also known as the AML Law. Go to Source Powered by WPeMatico
Bakkt president Adam White announces departure from digital asset platform
The now former president did not reveal what his next move would be, or whether he would continue to work in the cryptocurrency industry. Go to Source Powered by WPeMatico
Report: Illegal Trades Account for Less Than 3% of Total Bitcoin Transactions
According to a new report, illegal transactions, scams and gambling together make up less than 3% of the volume on the Bitcoin blockchain while exchanges and trading desks account for around 80% of volume. Exchanges Dominate Bitcoin Volumes A new study called “Blockchain Analysis of the Bitcoin Market” has found that illegal transactions, scams, and … Read more
Crypto exchange Kraken acquires non-custodial staking platform Staked
Kraken said its staking business had grown by more than 950% since the beginning of the year to reach $16 billion in November. Go to Source Powered by WPeMatico
Binance joins fresh crypto hub by Dubai World Trade Centre
Binance will assist crypto exchanges and businesses to become licensed in Dubai in cooperation with the local government. Go to Source Powered by WPeMatico
Crypto exchange FTX US partners with four Washington, DC sports teams
FTX US’ NFT platform will have exclusive rights to future token drops by the four teams and the exchange will be a partner for an in-game highlight series, “Big Block-Chain.” Go to Source Powered by WPeMatico
Former Acting Comptroller of the Currency joins Voyager Digital’s board
Voyager chair Philip Eytan cited Brian Brooks’ experience at crypto companies and his leadership behind regulatory initiatives as reasons for the hire. Go to Source Powered by WPeMatico