Regulation compliance key to India’s crypto future — Bitget COO

French and Irish fintech companies have partnered to introduce a euro-backed stablecoin. The coin will launch on the Stellar blockchain a month after MiCA stablecoin laws were enacted.

Paul-Willem van Gerwen from the AFM believes the retail investors should forbear the crypto derivatives trade . 258 Total views 85 Total shares A Dutch regulator stated that the crypto derivatives market should be restricted to wholesale trade. The reasons are not unfamiliar — lack of transparency, market manipulation and “other forms of criminal activity.”On…

A decision on Ethereum ETF options has been pushed back to November, four days after Blackrocks’s IBIT options trading was approved. 

As the decentralized finance (DeFi) ecosystem grows in size and influence, the question of how to best govern DeFi protocols has taken center stage. In crypto-native circles, decentralized autonomous organizations (DAOs) are far and away the most popular governance structures.DAOs are often touted as an all-in-one fix for everything from investor-manager alignment to regulatory risk.…

The Aragon community has officially proclaimed itself against ProgPOW. ProgPOW is a proposed protocol change to the Ehereum network that would close the efficiency gap available to application-specific integrated circuits. In a tweet on Nov. 2, the official account of the Aragon project posted voting results, showing that a proposal to block changes to Ethereum’s mining…

Conservative, crypto-friendly candidate Yoon Suk-yeol has claimed victory in the South Korean presidential election, with the token used to mint his signature as an NFT surging 60%. 156 Total views 4 Total shares Conservative South Korean presidential candidate Yoon Suk-yeol has officially been elected as South Korea’s next president.The election was one of the closest…

Moonstone Bank, which was since renamed Farmington State Bank, received roughly $11.5 from FTX’s sister firm Alameda Research through its holding company in 2022. 133 Total views 1 Total shares The Federal Reserve Board of the United States and the Washington State Department of Financial Institutions have announced an enforcement action against Farmington State Bank,…

The Supreme Court of British Columbia has given Hut 8 final clearance to complete proposed merger with USBTC. Canadian Bitcoin mining firm Hut 8 is set to wrap up its planned merger with US Bitcoin (USBTC) following final approval from the Supreme Court of British Columbia.Hut8 and USBTC had announced the move in February 2023

Crypto payments are becoming increasingly popular as Bitcoin (BTC) and other digital assets continue to go mainstream. This has become the case for both crypto holders and non-crypto owners who are primarily interested in the concept of using cryptocurrencies for payments.Recent data has found that 93% of crypto users surveyed would consider making purchases in…