Regulation
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
It was reported on Sunday that the SEC intended to sue Paxos for selling BUSD as an unregistered security. Source link
Regulation
Regulation
Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
“Wages have decelerated in all meaningful forward-looking gauges, while housing is printing at extremes relative to reality in the CPI, meaning that we see a larger downside risk/reward in core relative to headline,” Larsen noted, […]
Regulation
UAE Plans to Issue a CBDC to Promote Digital Payments
“These digital payment initiatives will drive financial inclusion, promote payment innovation, security and efficiency, and achieve a cashless society,” the announcement said, adding that a digital dirham will “address the problems and inefficiency of cross-border […]
Regulation
Arbitrum-Based GMX Surpassed Ethereum Blockchain in Daily Fees Over Weekend
The decentralized futures exchange product has gained a loyal community of users in the past few months. Source link
Regulation
Crypto Lender Nexo Stopped EIP for US Clients on Feb. 10
Last month, Nexo paid a $22.5 million fine to the SEC for failing to register the offer and sale of EIP. Source link
Regulation
First Mover Asia: Bitcoin Might Test $20K as It Looks for Support
ALSO: The SEC’s move on Kraken’s staking program last week shouldn’t be seen as an indictment of staking as a whole. Bitcoin dropped below $21.7K at one point over the weekend. Source link
Regulation
SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, […]
Regulation
India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank digital currency (CBDC). Digital rupee transactions are currently processed by eight banks, […]
Regulation
Kraken Action Not a Condemnation of ‘Staking Writ Large’
The Securities and Exchange Commission’s (SEC) shutdown of crypto exchange Kraken’s U.S. staking-as-a-service business may certainly lead to a wider industry crackdown. However, “this is not a condemnation of staking writ large,” said Zachary Fallon, […]
Regulation
Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
“‘Equitization’ means, if the Sale Process does not result in the sale of all or substantially all of the assets of Genesis, a restructuring under the Amended Plan pursuant to which the GGC Creditors will […]