Is Tether’s USDT stablecoin ‘noncompliant’ with EU’s MiCA regulations?
The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework.
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Regulatory Clarity Will Spark Widespread Tokenization, Says Digivault CEO
Speaking to Cointelegraph, the CEO of security token custodian Digivault predicted that regulatory clarity will light the fuse for the tokenization revolution. 474 Total views 10 Total shares With tokenization offering significant efficiency savings and global liquidity pools to existing regulated asset classes, security tokens appear poised for rapid adoption within the mainstream business community.To…

Bybit crypto exchange suspends services in South Korea
Amid the looming regulatory deadline in South Korea, a major crypto exchange is closing up shop in the country. 351 Total views 6 Total shares Bybit, one of the world’s top cryptocurrency derivatives exchanges, will halt some of its services to South Korean users ahead of a licensing deadline.The exchange officially announced on Friday that it…

FTX co-founder Wang discusses plea deal, knowledge of financial concepts at SBF trial
On the final day of his testimony, FTX co-founder Wang discussed talking to the feds and his interpretation of the “FTX is fine” tweet. 76 Total views 1 Total shares Day six of the trial of Sam Bankman-Fried saw the conclusion of former FTX chief technology officer Gary Wang’s testimony and the beginning of former

$62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK
December proved to be the month with the least crypto stolen in 2022, although there were still 23 major incidents, according to CertiK. 329 Total views 7 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTCryptocurrency hackers and exploiters seemingly slowed down for the 2022 holidays as December saw $62.2 million worth…

‘Is that legal?’ — Elon Musk chides OpenAI’s for-profit pivot after $50M investment
OpenAI was originally formed as a non-profit entity to ensure it was free to achieve its stated goal, it formed a for-profit company back in 2019. 95 Total views 1 Total shares Billionaire Elon Musk has queried whether it's legal for OpenAI — the firm behind ChatGPT — to become a for-profit business after he…

Solomon Islands, Soramitsu team up for Bokolo Cash CBDC proof-of-concept
The Solomons join tiny island nations worldwide at the forefront of CBDC development. Soc A new CBDC joins the very large crowd. 36 Total views 1 Total shares The Central Bank of Solomon Islands has launched a proof-of-concept for a central bank digital currency called Bokolo Cash. Japanese blockchain Soramitsu is providing support.Bokolo Cash will

Bitfinex paid a colossal $23M fee to send $100K of USDT
In what is presumed as a technical error, popular crypto exchange Bitfinex have paid a seismic $23.7 million dollars in gas fee for a comparatively nominal $100K transaction. 1267 Total views 26 Total shares Crypto exchange Bitfinex completed a highly consequential transaction today when sending $100,000 of the stablecoin Tether (USDT) to the layer-2 subsidiary platform…

Civic to Launch Vaccination-Proofing Tool on Apple & Google App Stores
Civic Technologies’s new app will act as both a vaccination proofing tool and a wallet for crypto. 1148 Total views 44 Total shares Civic Technologies, a San Francisco-based innovator in digital identity solutions, announced on June 16 that its Civic Wallet is now available in the App Store and Google Play. Civic Wallet has also formed…