MicroStrategy can ignore Bitcoin bear market price crash to $20K — Research
Corporate Bitcoin adoption is “going parabolic,” and early birds have little to worry about when it comes to BTC price corrections.
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California regulators to investigate FTX crypto exchange collapse
The California DFPI announced it will open up an investigation as to the “apparent failure” of FTX and says it takes this oversight very seriously. The Department of Financial Protection and Innovation (DFPI) in the state of California announced on Nov. 10 that it will open up an investigation as to the “apparent failure” of…
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India’s First IEO Gives Local Community a Much-Needed Breath of Fresh Air
Despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India, WazirX — the Indian cryptocurrency exchange recently acquired by Binance — launched its WRX coin through an initial exchange offering on Binance Launchpad. On Feb. 5, 2020, WRX coin became available for live trading on Binance. The move was dubbed as a…
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Ripple launches digital asset custody services for banks and fintech
Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business.
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OCC makes its staff available for fintech-related discussions
The announcement of one-on-one discussions with the OCC followed the department saying it planned to establish an Office of Financial Technology starting in 2023. 169 Total views 6 Total shares The United States Office of the Comptroller of the Currency, or OCC, has announced its representatives will be available on a one-to-one basis to discuss…
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Atomic swaps and network upgrades send Monero (XMR) price to a 3-year high
Monero price is closing in on its 2017 all-time high as network upgrades, atomic swaps and real-world integrations catch the attention of retail and institutional investors. 429 Total views 12 Total shares As the 2021 bull market cycle unfolds with decentralized finance and nonfungible tokens being two of the biggest driving forces for growth, old-school…
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Lawmakers probe Apple’s App Store policies on blockchain, NFTs
Their letter aimed to explore whether these guidelines might inadvertently hinder the progress and growth of cutting-edge innovations. 142 Total views 1 Total shares United States Representatives Gus Bilirakis and Jan Schakowsky penned a formal letter to Apple CEO Tim Cook about concerns related to the California-based company’s App Store, and the potential effect of…
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Retail-focused Singaporean CBDC to hedge against privately issued stablecoins
The retail CBDC will be developed in partnership with private entities, which “would be the digital equivalent of today’s notes and coins.” 442 Total views 16 Total shares The Monetary Authority of Singapore (MAS) has ramped up efforts to research and develop a central bank digital currency (CBDC) for retail use under the Project Orchid…
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Bitcoin and Ether options worth $2.7 billion set to expire
The upcoming 21,000 contract expiry is dwarfed by the significantly larger $4.3 billion options expiry on May 31, according to Deribit.