EU releases crypto-asset classification tools to help firms comply with MiCA
EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play.
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US Banking Giant PNC Starts Using RippleNet for Cross-Border Payments
PNC — the United States’ eighth-largest bank, with almost $400 billion in assets — has become the country’s first to start using the RippleNet blockchain network for cross-border payments.Fintech Futures reported on Aug. 29 that PNC Treasury Management is now offering RippleNet-based cross-border payments solutions to its commercial clients, claiming that the blockchain solution will…

Exec at Composable Finance allegedly doxed as convicted fraudster Omar Zaki
Omar Zaki was convicted of fraud by the SEC three years prior and is allegedly behind two other crypto projects which suffered devastating hacks. 392 Total views 22 Total shares Late Friday afternoon, decentralized finance, or DeFi, investigator @zachxbt published a series of tweets accusing fraudster Omar Zaki of hiding behind the facade of 0xbrainjar,…

Crypto.com acquires SEC-registered broker to expand equities offerings
The acquisition will allow Crypto.com’s family of companies to offer stocks and equity options to eligible traders in the United States.

20% of Binance’s new hires this year will be in compliance, says CEO
The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.

Decentralized gaming IDs provide another avenue of interoperability in Web3
The Lens Protocol and Laguna Games launched a new gaming ID, which connects users across multiple games. 329 Total views 5 Total shares Nonfungible token (NFT) gaming is getting a facelift. A new collaboration between Laguna Games, a Web3 research and development entertainment developer, and Lens Protocol allows players to connect across multiple gaming experiences.These…

The world’s biggest Bitcoin conferences: Decentralize with Cointelegraph
What do thought leaders at the world’s largest Bitcoin conferences make of Bitcoin in 2023? This week’s Decentralize with Cointelegraph podcast focuses on Bitcoin 2023 in Miami and BTC Prague. As the bear market rages on, the die-hards, evangelists and Bitcoin believers just keep building. In this week’s episode of Decentralize with Cointelegraph, reporter Joe Hall spoke…

XLM re-enters top-10 coins by market cap after surging nearly 30%
Stellar Lumens saw major price action after the Stellar Development Foundation signed an agreement with the Ukrainian government. 2385 Total views 9 Total shares Stellar Lumens (XLM) is now the ninth-largest cryptocurrency by market capitalization, overtaking Chainlink (LINK) and Binance Coin (BNB), according to data from major crypto tracking website CoinGecko. At publishing time, Stellar’s market…

Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through.