Binance’s New Platform Will Connect CeFi and DeFi With $100M Fund

Bitcoin News Roundup for Sept. 9, 2020With bitcoin hovering just above $10,000 and a tokenized form of Ethereum transaction fees in the crosshairs, CoinDesk’s Markets Daily is back for your latest crypto news roundup! For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. Today's…

Companies working with digital assets in Kazakhstan could soon be subject to anti-money laundering (AML) regulation, according to a new law passed by the national parliament today, news agency Sputnik wrote Friday. The country’s president has yet to sign the document into law, however.Companies issuing digital assets or providing fiat on-ramps and crypto trading services…

Aug 19, 2020 at 21:30 UTCUpdated Aug 19, 2020 at 21:34 UTCMirror Trading Clients Should Take Their Money and Run, South Africa’s Financial Regulator AdvisesSouth Africa’s financial watchdog is investigating Mirror Trading International (MTI), a purportedly lucrative crypto trading network that Texas state regulators last month declared as a fraud. At the very least, the…

news Coinbase customers in the U.S. can now make withdrawals into their PayPal accounts. According to a blog post, U.S. customers can withdraw their Coinbase balances to PayPal immediately and without any fees. The new arrangement allows customers to quickly convert their cryptocurrency holdings to cash, wrote Allen Osgood, who works on product at the…

California Governor Gavin Newsom’s signature on the Digital Financial Assets Law last month sent shock waves through the industry and proved the old adage that scandal leads to reform. The collapse of cryptocurrency exchange FTX, the indictment of Sam Bankman-Fried, and crypto-associated bank instability (Signature Bank, Silicon Valley Bank, Silvergate Bank), true or not, spurred

FTX Founder Sam Bankman-Fried will not face a second criminal trial, federal prosecutors said Friday in a letter filed in New York federal court.In the letter, prosecutors suggested a second trial would "delay" a "timely and just resolution of the case." The government's lawyers also argued that their original case against Bankman-Fried had already provided

Cathie Wood's ARK Invest sold another $50.5 million worth of Coinbase (COIN) shares on July 14 to cash in on the recent rally in the cryptocurrency exchange stock.ARK sold over 480,000 COIN shares across three different funds. The tech-focused investment manager owns over 10.5 million shares in Coinbase making it one of the largest holders…

Cardano transactions rose as several upgrades went live earlier this year, attracting both users and developers to the network.Such metrics usually precede an increase in token prices as they indicate growing demand and usage.Cardano blockchain activity grew in both value locked and transactional metrics quarter-over-quarter amid technical improvements and a rise in developer interest, a…

Crypto.com has won full approval to operate in Dubai and will start with offering services to institutional investors.The firm said the development makes it a first for a global crypto firm to be operational with fiat in the UAE.Singapore-based digital asset exchange Crypto.com has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA)