Fidelity Digital Assets to Sign Up Its First Crypto Exchange by End of the Year

Jul 21, 2020 at 15:00 UTCUpdated Jul 21, 2020 at 15:26 UTCBitcoin futures open interest for top exchanges as of July 21Open interest for bitcoin futures on BitMEX – the largest derivatives exchange by open interest – passed $1 billion Tuesday morning for the first time since the cryptocurrency market crash in March, a sign…

Wireline is now barred from distributing the tokens it promised investors in its 2018 SAFT sale.Securities and Exchange Commission building in Washington, D.C.(Getty Images)Jan 15, 2021 at 9:45 p.m. UTCWireline Settles SAFT Suit With SEC; Peirce Partially DissentsBlockchain microservices startup Wireline will pay the U.S. Securities and Exchange Commission (SEC) $650,000 to settle charges stemming…

India’s Financial Intelligence Unit imposes $2.2 million fine in Binance.The anti-money laundering unit approved Binance in May, conditional to penalty payment.Binance, the world's largest cryptocurrency exchange, has been fined approximately $2.2 million (18.82 crore INR) for providing services to Indian clients without adhering to the nation's anti-money laundering rules, India's anti-money laundering unit announced Thursday.Binance

Ah, the Lightning Network. Hailed for years as Bitcoin’s saving grace, the off-chain solution needed to finally make Satoshi Nakamoto’s “peer-to-peer digital cash” an actual functioning payments network, today appears to be losing faith.Industry publication Protos recently published an article noting that numerous Lightning developers have walked away from the project, that there’s a growing

Hong Kong's government is looking to usher in bills for stablecoin issuers and virtual asset over-the-counter services.In the past few months, the Financial Services and the Treasury Bureau has initiated two consultations related to the sector.Hong Kong's government reiterated that it will proceed with putting in place legislation for stablecoins and virtual asset over-the-counter (OTC)

Binance contacted some projects asking for details about their market makers and whether they would consider contribution some of their tokens to Binance savings pools.The approach is intended to boost market liquidity and lower the risk of price manipulation.Binance, the world's largest crypto exchange by trading volume, has contacted some crypto projects with low-liquidity tokens…

The combined forces of passionate communities with potent tools, and the deepening involvement of institutions, make successful bans less likely.Feb 14, 2021 at 10:01 p.m. UTCUpdated Feb 14, 2021 at 10:02 p.m. UTCCrypto Long & Short: What Does Dogecoin Have to Do With Government Bans?Dogecoin is not a cryptocurrency you would expect to read about…

Chinese search giant Baidu is joining Alibaba and Tencent in a move aimed to distance itself from cryptocurrency-related activities. China Times, a Beijing-based business media, reported on Sunday that Baidu is seeking to censor and ban forum topics that discuss crypto-related activities on Baidu Tieba, the firm's Reddit-alike online community business. "Currently, the company has…

Crypto exchange Coinbase is launching in a new office in the capital of Ireland. Coinbase vice president of operations and technology Tina Bhatnagar announced late Monday that the exchange is opening a new office in Dublin, Ireland in response to customer growth in the EU. What's more, it's a helpful backstop against the looming exit of…