Bitcoin
Kazakhstan Looks to Tighten Rules for Crypto Exchanges After FTX Collapse
The Astana Financial Services Authority is seeking market feedback on new rules targeting operational resilience and separation of customer assets. Source link
Month: January 2023
Market Analysis
Crypto.com (CRO) Price Falls Despite Good News
Despite positive Crypto.com news, the Crypto.com (CRO) price fell sharply on Jan. 30 and could be mired in a corrective pattern. After bearish Crypto.com news two weeks ago in the form of layoffs, last week […]
Regulation
UK Crypto Exchange Archax Launches FCA-Regulated Custody Service
“Events like FTX have highlighted the need for a more traditional approach to things,” said Archax Chief Marketing Officer Simon Barnby in an interview. “As an FCA-regulated custodian, we are permitted to hold cryptocurrencies, tokenized […]
Market Analysis
The Litecoin (LTC) Price Prediction for February is Bearish
The Litecoin (LTC) price is struggling to move above the $98 resistance area. It could drop in the short term before mounting another upward movement. There was some positive Litecoin news last week, especially relating […]
Bitcoin
Hong Kong to Require Stablecoin Licensing as Early as This Year
Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said. Source link
Market Analysis
How Blockchain Technology Could Enhance
Blockchain technology stands tall when considering its impact on social issues. One such cohort can be a corporate’s take on corporate social responsibility (CSR). This not only builds trust with respective clients but also boosts […]
Ethereum
DekaBank Selects Swiss Crypto Specialist Metaco to Steer Digital Asset Offering
“Digital assets are a critical part of the future, a radical new way for how assets will be represented, from currencies to real estate,” said Andreas Sack, DekaBank’s product owner for digital assets custody. “Today […]
Bitcoin
Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner
“In every key respect—from how Celsius described its contract with its customers to the risks it took with their crypto assets—how Celsius ran it business differed significantly from what Celsius told its customers,” Pillay wrote, […]
Market Analysis
DeFi Exchanges and Derivatives on Fire Amid a Leg Up in TVL
New crypto narratives are emerging this year and decentralized finance (DeFi) derivatives are among them. The growth of previous years is likely to continue into 2023. DeFi derivatives have had an explosive entrance into the […]
Regulation
Stablecoins Seem Unattractive as the Gap Between 3pool's APY and Treasury Yields Widens
The annualized percentage yield from providing stablecoin liquidity on Curve’s 3pool, also known as DeFi’s savings bank account, is nearly 250 basis points less than the yield on the 10-year U.S. Treasury note. Source link