Coinbase Resumes Service in Wyoming After License Renewal
Three years since Coinbase pulled out from Wyoming, it is now returning to the Cowboy State after renewing its money transmitter license.
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HashKey Capital Singapore Secures Capital Markets Services License From MAS
Crypto asset manager HashKey Capital's Singapore subsidiary has secured a central bank license allowing it to provide fund-management services in the country.The Capital Markets Services (CMS) license from the Monetary Authority of Singapore will enable HashKey Capital Singapore to contribute to the local blockchain community, CEO Deng Chao said in a statement. It received an

Neal Stephenson’s Metaverse Vision Is One Step Closer as Lamina1 Blockchain Launches Betanet
Metaverse focused blockchain Lamina1 has launched its betanet and Hub for developers and creators.Lamina1 CEO Rebecca Barkin told CoinDesk that they are "not far" from mainnet launch and aiming to put out a product that can be used more broadly and publicly by early next year.Lamina1, the metaverse-focused layer-1 blockchain co-founded by science-fiction writer Neal…

KuCoin to Pay $22M, Exit New York to Settle State Suit
Crypto exchange KuCoin agreed to pay a total of $22 million and terminate access for users in New York state, court documents filed on Tuesday from the Supreme Court of the State of New York County showed.Kucoin will refund $16.77 million to New York customers and pay $5.3 million to the Attorney General of the

Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
M^0 white paper has set rules to allow crypto institutions to mint and issue fully decentralized and fungible stablecoins backed by U.S. Treasury bills.The team is backed by Pantera and led by stablecoin pioneers from MakerDAO and Circle.The M^0 protocol aims to recreate the $5 trillion-$20 trillion offshore dollar market for the digital age.M^0 (pronounced

Play-to-Earn SQUID Token Rockets 35,000% in Three Days
The price of SQUID, a play-to-earn crypto token, has shot up 35,000% since Oct. 26, according to CoinMarketCap data.The token buys entry to an online game inspired by hit Korean Netflix show Squid Game, one of the streaming platform’s most successful shows of all time, according to the white paper.SQUID was at $0.012 on Oct.…

Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash
news An official at the Bank of Japan (BoJ) has ruled out the use of central bank digital currencies because to do so may require the country to abandon cash. According to a report by Reuters, Masayoshi Amamiya, deputy governor of the Japanese central bank, on Friday cast shade on the notion that central banks could…

Qredo’s Ankex Crypto Exchange Shutters, CEO Michael Moro Leaves
Ankex, a cryptocurrency exchange launched last year by custody firm Qredo and headed up by former Genesis Trading CEO Michael Moro, has closed its doors amid bear market conditions.Moro took the helm at Ankex, a trading platform that sought to combine a non-custodial decentralized finance (DeFi) approach with elements familiar to professional traders such as

Web3-Powered File Management App Raises $1.5M to Offer Alternative to Google
Web3 workspace and file management application Fileverse raised $1.5 million in a pre-seed round, the firm told CoinDesk Tuesday.Privacy-focused Gnosis Chain and venture capital firm Factor led the investment, according to a press release shared by the firm. Crypto wallet provider Safe, social media privacy solution Mask Network, decentralized file storage Arweave Ecosystem and its