Thailand crypto market is shifting away from retail: Binance Thailand CEO
Thailand is shifting focus to a more mature institutional-focused crypto market, according to the chief executive of Binance Thailand.
Related Posts
FinCEN Clarifies Money Transmission Regulations Pertaining to DApps
The United States Financial Crimes Enforcement Network (FinCEN) has issued new guidance that contains its financial regulation policies concerning Decentralized Applications (DApps) on May 9.In the introduction to the guide, FinCEN notes the guide serves to clarify and provide examples to make compliance easier for entities whose activities fall under the purview of the Bank…
Ethereum Co-Founder Vitalik Buterin Proposes Creating On-Chain Ether Mixer
Ethereum (ETH) co-founder Vitalik Buterin has proposed creating an on-chain smart contract-based ether mixer in a note on collaborative development platform HackMD on May 24.In his note, Buterin argues that the Ethereum ecosystem needs more privacy, and points out that the default behavior is to do everything through a single account, allowing for all of…
US gov’t cites Caroline Ellison’s ‘extraordinary cooperation’ before sentencing
Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys.
Almost $100M exits US crypto funds in anticipation of hawkish monetary policy
“What has pushed Bitcoin into a “crypto winter” over the last six months can by and large be explained as a direct result of an increasingly hawkish rhetoric from the US Federal Reserve,” CoinShares wrote. 1786 Total views 32 Total shares Institutional investors offloaded $101.5 million worth of digital asset products last week in ‘anticipation…
Law Decoded: When central banks seek public discussion, Jan. 17–24
As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare. 284 Total views 9 Total shares Last week, two central banks dropped public reports that can have a sizable impact on the crypto landscape in their respective countries and beyond. The U.S. Federal Reserve published…
Bitcoin Doubling Gold’s Yearly Gain So Far
Continuing to outpace mainstream markets, Bitcoin flexes gains more than double that of gold. Amid unstable global financial conditions, Bitcoin continues its path as a juicy-looking hedge asset, based on its gains comparative to gold. Sitting at a press time price of $1,717 per ounce, gold has risen approximately 12% from the start of 2020, TradingView…
Payments Firm Circle Pauses Circle Research in Most Recent Cutback
Crypto finance startup Circle announced that it is hitting the pause button on its Circle Research activities.Deciding on a future directionIn a blog post on Sept. 24, the Circle team said the suspension came despite “significant progress” with its content offerings.The team of the Goldman Sachs-backed crypto startup Circle explained:“It’s time to evaluate our contribution and overall strategy.…
Tone Vays says Ethereum is Useless and Bitcoin Might Moon in 2023
After an incredibly disappointing year in 2018, Bitcoin woke from hibernation in early April 2019 and rallied with vengeance toward a yearly all-time high at $13,800. Alas, all good things must come to an end and such was the case for Bitcoin as price became overextended and began to retrace. Bitcoin’s current malaise in the $7,800…