Upbit crypto exchange receives suspension notice in South Korea
Upbit must respond to the FSC’s suspension notice by Jan. 20 or face restrictions on new registrations on the platform for six months.
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Barclays May Be Ending Work With Coinbase, Transactions in GBP to Slow
British banking giant Barclays has reportedly cut ties with United States crypto exchange Coinbase.As Coindesk reported on August 13, unnamed industry sources have said that Barclays will no longer be banking for Coinbase, severing a relationship that began when Coinbase opened a Barclays account in March 2018.The news is expected to hit the crypto community…

Expect even more oversight of crypto from regulators, says eToro
Yonni Assia believes that unprecedented retail investor interest will push regulators to be more proactive about crypto regulation. Crypto-friendly trading platform eToro is expecting regulators to ratchet up their oversight of the crypto industry, given the increasingly high levels of participation by retail traders and smaller investors. In comments for the Financial Times, the Israel-based…

Tracing the evolution of Blockchain, with Eos Network Foundation exec
Decentralize with Cointelegraph is joined by Bart Wyatt of the Eos Network Foundation to explore blockchain’s journey from a decentralized ledger to a transformative technology.

Binance Cryptocurrency Exchange Testing British Pound Stablecoin
Major cryptocurrency exchange Binance is apparently testing a British pound stablecoin on its native blockchain, Binance Chain, according to a Twitter post on June 3.Twitter user CryptosBatman noticed that the listing “$BGBP” appeared on the Binance platform.Screenshot of stablecoin on Binance Chain. Source: TwitterBinance CEO Changpeng Zhao has commented on the tweet, confirming that a…

OKX reenters US market following $505M DOJ settlement
OKX has announced its return to the US market with a phased rollout of a new crypto exchange and the appointment of a new US CEO. 230 Total views 1 Total shares Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market. According to an April 16 blog post, OKX will return to

UK to get ‘early or priority access’ to AI models from Google and OpenAI
It’s unclear at this time what access the U.K. will receive, but the reported commitment could be the first of its kind. 73 Total views 1 Total shares British Prime Minister Rishi Sunak recently announced that Google DeepMind, OpenAI, and Anthropic — three tech outfits widely considered the global industry leaders in generative AI technologies…

WEF recommends ‘Sandbox-first approach’ for DeFi adoption
The World Economic Forum has recommended using regulatory sandboxes to foster decentralized finance innovation while mitigating risks.

Ethereum will outperform Bitcoin after ETF launch: K33 Research
The price of Ethereum could be bolstered by inflows into upcoming U.S. spot ETFs, while Bitcoin faces headwinds from Mt. Gox creditor repayments.