Mt. Gox begins repayments in Bitcoin and Bitcoin Cash
The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the rehabilitation plan.
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It’s here: Treasury proposes rule to monitor crypto going to self-hosted wallets
Many have called the long-rumored rules an existential threat to peer-to-peer transactions. 3631 Total views 17 Total shares The Treasury has released its long-awaited proposal to restrict money services businesses, including U.S.-registered crypto exchanges, from dealing with self-hosted wallets.In a Friday evening announcement, the Treasury's Financial Crimes Enforcement Network, or FinCEN, announced proposed rules requiring…
Binance banking problems highlight a divide between crypto firms and banks
Binance, the world's leading crypto exchange by trading volume, will temporarily suspend bank transfers in U.S. dollars. The exchange stated in a tweet on Feb. 6 that no other trading methods would be affected. The announcement came with no explanation. However, exchange CEO Changpeng Zhao noted in a tweet that only 0.01% of the exchange’s…
What Mainstream Financial Advisors Are Saying About Bitcoin
During the mainstream market’s current decline, investment advisors are giving out a myriad of advice, with some even mentioning Bitcoin (BTC). Morgan Creek Digital co-founder and partner, Anthony Pompliano, or “Pomp,” tweeted an inquiry to his followers, asking what their financial advisors have told them recently, given the current falling market. Some Advisors say buy during market…
Kazakhstan establishes regulatory agency to implement CBDC
The National Payment Corporation will be responsible for the development of “digital financial infrastructure,” including the implementation of the digital tenge. 597 Total views 8 Total shares The National Bank of Kazakhstan (NBK) has established a separate entity to lead the development and implementation of the country’s central bank digital currency (CBDC), the digital tenge. According
Arbitrum to distribute $215M in ARB tokens for gaming innovation
Initially introduced in March, the proposal gained official approval on June 7, with a majority of over 75% of votes in favor.
Toncoin gains regulatory approval to trade in Kazakhstan
The approval of Toncoin marks the 107th digital asset approved by the government regulator, as TON joins AVAX, MATIC, ADA, and others.
NFTs and compliance: Why we need to be having this conversation
“Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.” — PlatoThe above quote has withstood the test of time. Across industries, markets, communities and ideas, people ultimately will find a way to either do good or at worse, wrong. Nonfungible tokens (NFTs)…
Bitcoin mining ETF tops equity ETF market in new year’s performance charts
After a tumultuous year, Bitcoin mining ETFs are back in the leading positions in performance charts for the first month of 2023. Own this piece of history Collect this article as an NFTWith the start of the new year, the crypto market has seen a new bullish resurgence, with Bitcoin (BTC) and other altcoins hitting…