Ethereum
UK Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules
Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January. Source link
Month: September 2023
Bitcoin
Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg
The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November. Source link
Market Analysis
UK Crypto Firms Face Highly Strict New FCA Marketing Rules
UK regulators will enforce very tough new rules regarding crypto asset marketing from October 8 onward, according to the Financial Conduct Authority (FCA). Among the new regulations is a ban on incentives like “refer a […]
Regulation
Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base
OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base. Source link
Market Analysis
UNI Holders Anxious as Exchange Reserves Hit All-Time High
Uniswap (UNI) bulls have fiercely defended the $4 price support level over the past week, but the bearish pressure is growing. Will the Uniswap bears seize control in the coming days? Uniswap (UNI) price made […]
Ethereum
DeFi Should Be Regulated Like Traditional Finance Players, Global Securities Body Says
“There is a common misconception that DeFi is truly decentralized and governed by autonomous code or smart contracts,” Tuang Lee Lim, Chair of IOSCO’s Board-Level Fintech Task Force, said in a statement. “In reality, regardless […]
Bitcoin
Coinbase (COIN), Circle (USDC), Aave Create Advocacy Group for Tokenized Real-World Assets
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Market Analysis
Binance Lists Only 10% of Tokens in Latest Reserves Report
Binance released its latest proof-of-reserves report, proving it backs all customer assets 1:1. The new report uses so-called zero-knowledge methods to prove a user’s balance exists in Binance’s customer wallets. Its report summarizes all user […]
Regulation
Artificial Intelligence, Digital Ledger Technology Could Lower Financing Costs, Transform Financial Markets: Moody’s
“DLT could improve financial market efficiency, modernize the payment system, and foster financial inclusion,” Vincent Gusdorf, head of DeFi and digital asset analytics, said in a press statement shared with CoinDesk. “The overall economic and […]
Ethereum
DeFi Should Be Regulated Like Traditional Finance Players, Global Securities Body Says
“There is a common misconception that DeFi is truly decentralized and governed by autonomous code or smart contracts,” Tuang Lee Lim, Chair of IOSCO’s Board-Level Fintech Task Force, said in a statement. “In reality, regardless […]