Belgian crypto platform Bit4You suspends operations after CoinLoan halts activity
Bit4You suspended operations on April 26 amid CoinLoan insolvency investigation by Estonian regulators. Go to Source Powered by WPeMatico
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Banks bullish on crypto: Standard Chartered’s Zodia raises $36M
After leading Zodia’s series A funding round, the Japanese financial conglomerate SBI Holdings became its second-largest shareholder. Go to Source Powered by WPeMatico
Binance CEO denies $28B wealth: ‘I don’t have anywhere near as much’
According to Bloomberg’s rich list, Binance CEO Changpeng “CZ” Zhao is supposed to be ranked in the top three finance billionaires worldwide. Go to Source Powered by WPeMatico
Bahamas securities watchdog presents comprehensive new draft digital assets act
After the FTX scandal focused the international spotlight on it, the Securities Commission of The Bahamas completes its regulator overhaul. Go to Source Powered by WPeMatico
South Korea’s sweeping crypto bill passes first regulatory hurdles
Legislators in South Korea passed a first phase review of proposed cryptocurrency regulations that include relatively harsh sentencing recommendations. Go to Source Powered by WPeMatico
Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity
On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital assets. Coinbase Requests SEC to Respond to Petition … Read more
Draft bill suggests separating legislation on payment stablecoins and digital asset markets
The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study. Go to Source Powered by WPeMatico
Gemini to launch derivatives platform outside the United States
The platform’s first derivatives contract will be a BTC perpetual contract denominated in Gemini dollars (GUSD), followed by an ETH/GUSD perpetual contract. Go to Source Powered by WPeMatico
Former US Secret Service Asst. Director: Keep personal info of FTX users private
Jeremy Sheridan claimed FTX users could become the targets of physical harm as well as attacks through online scams if their information was disclosed. Go to Source Powered by WPeMatico
3AC founders’ OPNX exchange claims to be funded by AppWorks, SIG, MIAX Group
DeFi firm Nascent was also claimed as a backer, but it has clarified that it only bought FLEX tokens from the company’s previous incarnation. Go to Source Powered by WPeMatico