The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the burden on financial organizations. Russia’s Central Bank Eases Supervision of Digital Asset Platforms Amid Sanctions The Central Bank …
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Two U.S. senators, including Elizabeth Warren, have introduced a bipartisan bill for the regulation of cryptocurrency. The bill, titled “Digital Asset Anti-Money Laundering Act,” is “the most direct attack on the personal freedom and privacy of cryptocurrency users and developers we’ve yet seen,” according to crypto advocates. Digital Asset Anti-Money Laundering Act of 2022 Launched …
Prison officials assert that Sam Bankman-Fried, the disgraced cryptocurrency entrepreneur who was the founder and former CEO of FTX, is doing well two days after […] Go to Source
Chiliz, the renowned fan token, has leveraged the World Cup fever to rise by 7.35% in the last 24 hours with a live market capitalization […] Go to Source
December 15, 2022 – San Francisco, California We are thrilled to announce that the TrueUSD team is launching a new product called TCNH, which is a stablecoin pegged to offshore Chinese yuan (CNH) at one-to-one. TCNH will be deployed on one of the fastest growing public blockchains, TRON, where users can obtain, hold and trade …
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XRP whales have taken advantage of the price decline recorded in the crypto market to fill up their bags. These large investors have been rapidly buying up the tokens and increasing the percentage of supply they hold. In the last month, the holdings of these large whales have seen a significant uptick, sending their cumulative …
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An unknown cryptocurrency called Cocos-BCX (COCOS) surprised market participants by sneaking into the crypto top 10 by market cap. Out of the bloom, the token records over $25 billion in market capitalization, according to data from CoinMarketCap. The platform experienced a bug that allowed COCOS to rise in the industry’s top ranking. As of this …
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MATIC price is currently undergoing a correction. Over the last 24 hours, the coin has lost more than 4% of its market value. Signs on the chart currently suggest that MATIC is going to remain in the correction territory for some time. All the gains that Polygon (MATIC) secured in the past week were undone …
Continue reading “This Indicator Says MATIC Price Correction Is Not Done”
The Avalanche (AVAX) price has been undetermined for quite a number of weeks now. The altcoin is now logging gains on the daily chart as it rose over 3% in that time frame. The coin shows signs of optimism ever since it moved up from the $12.90 support mark. The technical outlook for AVAX displayed …
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In an announcement today, Binance declared that based on recent reviews, it has decided to delist the Mithril (MITH), Tribe (TRIBE), Augur (REP) and Bitcoin Standard Hashrate Token (BTCST) tokens on December 22, 09:00 (UTC) and cease trading on all trading pairs. As stated in a blog post about the matter, Binance periodically reviews the …
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The chief executive of on-chain insights platform CryptoQuant says that despite the current rumors surrounding Binance, the exchange’s stablecoin reserves still look quite different than FTX’s did prior to its collapse. Ki Young Ju is responding to a Reuters story that broke earlier this week reporting that Binance and its CEO Changpeng Zhao are under …
A widely followed crypto analyst says that Bitcoin (BTC) will see one more capitulation event before it finally finds its bear market bottom. Pseudonymous crypto trader Altcoin Sherpa tells his 187,800 Twitter followers that BTC has one more wick down to go before it bottoms out. But here’s the catch – the trader expects 6-12 …
Crypto.com has received a Payment Institution License (EMI) from Banco Central do Brasil, the central bank of Brazil. The license will allow it to “continue offering regulated fiat wallet services for customers in Brazil,” according to an announcement on the company’s website. Crypto.com has offered a Visa card in Brazil for purchases in cryptocurrency or fiat …
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Researchers from German crypto blockchain-based payments fintech etonec and other organizations have proposed using zero-knowledge proofs to ensure regulatory compliance and privacy in stablecoins. They have created a design that allows fiat-based stablecoins to be used like cash, within limits. The researchers’ design allows a number of limits, including on transactions, balances and turnover, and …
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Does the crypto industry’s funding space need an overhaul? This is one of many questions swirling in the wake of FTX’s downfall: When the prominent exchange collapsed, it left behind a long line of helpless creditors and lenders — including many promising projects dependent on funds promised by Sam Bankman-Fried and company. But there is …
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