Mt. Gox creditor saga: What lessons has the Bitcoin community learned?
The downfall of Mt. Gox continues to highlight the importance of greater transparency and accountability within the cryptocurrency industry. Go to Source Powered by WPeMatico
Cryptocurrency Exchange
Auto Added by WPeMatico
OKX latest proof-of-reserves reveal $8.9B in assets
Lennix Lai, managing director of Global Institutional at OKX spoke with Cointelegraph about what it means to be transparent in a post-FTX and SVB crypto industry. Go to Source Powered by WPeMatico
Taiwan watchdog FSC to assume authority on crypto regulation
Taiwanese lawmakers reportedly expect to finalize a crypto regulatory framework by the end of March or April at the earliest. Go to Source Powered by WPeMatico
Coinbase is planning to set up crypto trading platform outside US: Report
The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in the failure of three major banks. Go to Source Powered by WPeMatico
Orca DEX to block US users from trading with its interface
The company said U.S. traders would still be able to make swaps by directly interacting with Orca’s smart contracts, however. Go to Source Powered by WPeMatico
Crypto firms may turn to ‘shadow banks’ following major collapses — Molly White
Speaking at the SXSW conference in Austin, Molly White compared crypto companies’ current predicament to that in 2017 and 2018, when they had “trouble accessing banking”. Go to Source Powered by WPeMatico
Binance to Restrict Ukrainian Hryvnia Operations Via 2 Payment Providers
Crypto exchange Binance will stop processing transactions with Ukrainian hryvnia through two payment platforms later in March. The move follows an earlier suspension of deposits and withdrawals using bank cards in the national currency of Ukraine. Ukrainian Users Lose More Fiat Options to Trade on Cryptocurrency Exchange Binance The world’s leading digital asset exchange in … Read more
Signature Bank regulator says it was closed for not providing data: Report
A member of the bank’s board had previously claimed the agency wanted to send a message against crypto. Go to Source Powered by WPeMatico
Gemini says no funds at Signature Bank backing GUSD
The company stated that it previously had a relationship with Signature but said it no longer has funds there. Go to Source Powered by WPeMatico
Sam Bankman-Fried’s bail conditions still too lenient, says judge
U.S. district judge, Lewis Kaplan, expressed concern that Bankman-Fried could find ways to evade the restrictions and covertly communicate with others electronically. Go to Source Powered by WPeMatico