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Binance to delist non-MiCA compliant stablecoins in Europe on March 31
Cryptocurrency exchange Binance will delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA). On March 31, Binance will delist spot pairs for users in the EEA, with nine stablecoins, including Tether’s USDt (USDT) and Dai (DAI), to be removed to comply with Europe’s MiCA regulations, the

Paraguay moves a step closer to regulating digital currency
A bill that seeks to regulate the local cryptocurrency industry has passed the the Senate of Paraguay. 499 Total views 7 Total shares On Dec. 17, 2021, the Senate of Paraguay approved a cryptocurrency bill introduced in July. The provisions, which define several key terms including virtual assets and call for licenses to mine cryptocurrencies,…

What is Tether’s gold-backed stablecoin, ‘Alloy’ (aUSD₮)?
Alloy by Tether introduces a new class of digital assets called tethered assets, designed to track the price of various assets using robust stabilization mechanisms.

Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets
Traders say Ethereum needs a monthly close above $2,250 to regain bullish momentum, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first. 122 Total views 5 Total shares Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue…

Telegram Vs. Facebook: The Ultimate Showdown for Crypto Supremacy
Last month, Facebook rocked the world with its blockbuster Libra announcement. Even a year ago, the idea that an iconic United States company would launch a digital currency or that a sitting president would tweet about it seemed insane. Welcome to the new normal.The Libra announcement sent politicians scrambling, hit the mainstream media like a hurricane, and left…

HSBC: Blockchain Platform Will Keep Trade Finance Smooth Despite Coronavirus
A blockchain trade finance platform developed by eight major banks, among them HSBC, BNP Paribas, and Citi, is now ready for commercial launch in Singapore in Q2 2020. Named Contour, the launch follows a successful trial of the platform involving over $30 million in letter-of-credit transactions last year, South China Morning Post reported on March 5.Letter-of-credit transactions are a…

Looser Fed policy, global macro trends point to bullish outlook for Bitcoin — Analysts
Bitcoin may be decoupling from concerns about a US recession and aligning more closely with the US dollar's performance and signs of easing monetary policy, according to ETC Group.

Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand
Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken Ventures. 501 Total views 4 Total shares Staking technology provider Kiln has closed out a $17.8 million fundraising round featuring the likes of Consensys and Kraken Ventures. The company is eyeing ‘exponential’ growth in demand…