Binance Launches ‘Send Cash’ Remittance Services in Latam Binance, the largest cryptocurrency exchange by volumes traded, has announced the launch of “Send Cash,” a Latam-focused remittance service. The new…
US Lawmaker: Americans Don’t Need CBDC That Can Track Purchases Like China’s Digital Yuan Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans …
Biden’s Regulators Urged to Work With Congress on Crypto Regulation A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation…
Court Ruling in Favor of Grayscale Clears Path for Bitcoin Innovation in US: Vivek Ramaswamy Grayscale’s court win over the U.S. securities regulator will help keep crypto innovation in America, Republican presidential hopeful Vivek Ramaswam…
Bitcoin, Ethereum Technical Analysis: BTC Erases Recent Gains as US GDP Disappoints Bitcoin edged lower once again on Thursday, as traders continued to capture profits following gains on Tuesday. The latest drop followed data reveal…
Binance Finds Way to Serve Belgian Users After Cease Order Cryptocurrency exchange Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two …
South African Crypto Premium Surge After Kraken Abruptly Starts Blocking Deposits by Local Residents The premium on crypto assets listed on South African exchanges briefly surged to 3.5% after Kraken’s abruptly started blocking deposits from users b…
Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings th…
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it w…
Bloomberg Analysts Boost Spot Bitcoin ETF Approval Odds After Grayscale’s Court Victory In early August 2023, Bloomberg ETF specialists Eric Balchunas and James Seyffart estimated a 65% probability for the approval of a spot bitcoin ETF…
Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks Cryptocurrency exchanges Bybit and Okx have discontinued support for payment cards issued by sanctioned banks from Russia. The moves follow in the f…
Crypto Analyst Predicts Stablecoin Adoption Boom Even in Face of Hostile Regulation Jamie Coutts, an analyst from Bloomberg Intelligence, has predicted that stablecoin adoption will grow significantly once the issue of hostile regul…
Report: Nigerian Central Bank Sued for Dollarizing Economy In a lawsuit filed by a Nigerian human rights activist, the country’s central bank is accused of failing to stop the dollarization of the economy. A…
Binance Mulls Leaving Russia, Limits Options for Russian Users Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the poten…
Shiba Inu’s Shibarium Returns to Full Operation After Navigating Bridge Issues The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the b…
SEC’s ‘Secret’ Filing in Binance Case Could Relate to Criminal Investigation, Says Former SEC Official The U.S. Securities and Exchange Commission’s former head of Internet enforcement suspects that the SEC’s “secret” filing in the Binance case is a “…
Biggest Movers: BNB Jumps 5% Higher, as Grayscale Wins Battle With SEC BNB surged this afternoon, as markets reacted to the news a court in the United States was siding with Grayscale in its case with the Securities an…
Vietnam, the Philippines, and Brunei to Join ASEAN QR Payment System to Reduce Dependence on US Dollar Vietnam, the Philippines, and Brunei will join a QR payment system to settle cross-border payments using local currencies within the Association of …
High Proliferation of Crypto Scams in Africa Linked to Limited Educational Efforts — Mitroplus Labs Founder According to Ivaibi Festo, the founder of Mitroplus Labs, a crypto and blockchain education organization, cybercriminals continue to find success in…
Lawmakers Object to Federal Reserve’s Stablecoin Guidelines — Say They Undermine Legislative Progress Several U.S. lawmakers have objected to the Federal Reserve’s stablecoin regulatory guidelines, which they believe “will undoubtedly deter financial…
Bankman-Fried Lawyers Seek Client’s Temporary Release for Trial Prep Sam Bankman-Fried’s high-powered legal team is pushing for the FTX founder’s temporary release from jail ahead of his October trial on fraud charges…
Venezuelan President Nicolas Maduro Calls for De-Dollarization of the Global Economy Nicolas Maduro, the president of Venezuela, has called to de-dollarize the global economy due to the difficulties the current system brings to emerg…
Binance Removes Sanctioned Russian Banks From P2P Platform Crypto exchange Binance has dropped Russian banks under sanctions from the payment options on its peer-to-peer (P2P) platform. Russian traders can n…