BNB Chain introduces gasless stablecoin payments initiative
BNB Chain partners with major CEXs and wallets to introduce gasless stablecoin transfers, enhancing cross-chain liquidity.
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Crypto News From Japan: Nov. 11–17 in Review
In this week’s selected cryptocurrency and blockchain-related news from Japan, a new association promoting crypto assets in antiquing was born, a well-known cryptocurrency trader was arrested and the Kyoto University started participating in the XRP ledger.Here is the past week of cryptocurrency and blockchain news in review, as originally reported by Cointelegraph Japan.Crypto Antiquing Association…
Pakistan Plans New Digital Currency Regulations Following FAFTA’s Urging
Pakistan is implementing new cryptocurrency regulations in an effort to improve its track record fighting financial crime, English-language Pakistani news outlet The Express Tribune reported on April 1.Pakistan, which is seeking to reduce perceived levels of crime such as money laundering and terrorist financing, will now introduce a licensing scheme for electronic money institutions. According…
China’s digital yuan will offer best privacy protection, says official
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs. 2220 Total views 13 Total shares Chinese authorities are willing to ensure maximum user privacy for the country’s central bank digital currency, or CBDC, according to an official at the People’s Bank of…
PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s largest financial technology companies — announced on Aug. 7 its U.S. dollar-pegged payment stablecoin, PayPal USD (PYUSD). A PayPal spokesperson told Cointelegraph that PYUSD is important because mainstream adoption of future digital experiences will…
BTC price dips below $40K as Wall Street open spells pain for Bitcoin bulls
Macro factors finally see $40,000 give way for Bitcoin price action after two weeks above. 2194 Total views 7 Total shares Bitcoin (BTC) fell through $40,000 as Wall Street opened on Feb. 18 with analysts watching lower levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin falls to two-week lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD…
Seller ‘rugs’ $30M CryptoPunks collection minutes before Sotheby’s auction
After pulling out of $30 million Sotheby’s auction just minutes before it was set to go live, the anonymous NFT collector made fun of the luxury art auction house on Twitter. 1890 Total views 5 Total shares NFT enthusiasts and fine art collectors have been left confused, after an auction for a collection of 104…
Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX
Torres is a crypto supporter who has questioned the performance of the SEC before; he has written new legislation on crypto companies’ proof of reserves and comingling of funds. 924 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTAn American legislator has asked the United States Government Accountability…
Bitcoin Price Charts Aligning With Bakkt Launch Points to a Big Move
Bitcoin (BTC) price is stuck within the descending triangle formation for some time now and slowly moving towards the apex of it. Interesting enough, the apex of the triangle is around the actual launch of Bakkt on Sept. 23. So is BTC price in a bearish pattern or is it just re-accumulation on a higher level?…