SEC of Thailand wants public feedback on crypto lending, staking ban
Thailand’s securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
Thailand’s securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services. Go to Source Powered by WPeMatico
Warren Buffett-backed Nubank, a Brazil-based neobank that debuted crypto trading options back in May 2022 on its platform, has announced the launch of nucoin, its own cryptocurrency. Part of the first batch of the currency, issued on top of Polygon’s network, will be issued to its customers as an airdrop, and for cashback purposes. Nubank … Read more
The final dress rehearsal for Shanghai has been slated for a Mar. 14 launch, while the real thing will happen a few weeks later. Go to Source Powered by WPeMatico
As Ethereum’s Shanghai upgrade approaches next month, the network’s Sepolia testnet has successfully upgraded, simulating the scheduled hard fork. Go to Source Powered by WPeMatico
Lido Finance had to activate its safety feature “Staking Rate Limit” after over 150,000 ETH was staked in a single day. Go to Source Powered by WPeMatico
The upgrade is only for the Sepolia network and a subsequent upgrade for Goerli network would be introduced in March. Go to Source Powered by WPeMatico
There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is in the air when it comes to chair Gary Gensler’s organization. In other news, South Sudan … Read more
The U.S. Securities and Exchange Commission may be focused on custodial staking programs today, but does it also have proof-of-stake blockchain networks in its sights? Go to Source Powered by WPeMatico
No details on the timeline and methods of the examination were provided, but reportedly it would be conducted moderately as no wrongdoings have been registered in the country. Go to Source Powered by WPeMatico
The decline in exchange supply, especially just weeks before the Shanghai upgrade, is being seen as a bullish sign. Go to Source Powered by WPeMatico