South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules – Regulation Bitcoin News
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Exchanges
A green revolution in crypto mining? Industry answers wake-up call
After having been hailed as a champion of sorts by many within the global digital asset market, Tesla CEO Elon Musk dropped a bombshell on the crypto community earlier in May, backtracking the company’s decision to start accepting Bitcoin (BTC) as a means of payment for various automotive sales. The
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16% Ethereum price rebound activates a classic bullish pattern — $2.5K next?
Ethereum's native crypto Ether (ETH) rebounded sharply on Thursday after Elon Musk disclosed for the first time that his private rocket firm SpaceX holds Bitcoin (BTC), and Tesla would probably resuming the bitcoin payment option for its electric cars.The BTC/USD exchange rate was below $30,000 but bounced by more than
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NatWest cuts payment channels to Binance, citing regulatory uncertainty
NatWest, a major United Kingdom-based retail and commercial bank, has blocked all credit and debit card payments to crypto exchange Binance until further notice, multiple users on social media reported on Thursday.“With an increase in scams relating to cryptocurrency and regulatory uncertainty around Binance in the United Kingdom, we want
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New DeFi futures to enable hedging against Bitcoin mining difficulty
Decentralized derivatives exchange SynFutures announced a new product called Bitcoin (BTC) Hash Rate Futures that uses the biggest cryptocurrency’s ever-changing mining difficulty as a basis to open long or short positions. Touted as fully decentralized hash rate futures, SynFutures’ new offering would let users trade on Bitcoin mining difficulty with wrapped
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Fund management firm Global X files with SEC for Bitcoin ETF
New York-headquartered fund manager Global X Digital Assets has filed an application for a Bitcoin (BTC) exchange-traded fund (ETF) with the United States Securities and Exchange Commission. Global X Digital Assets, which is the sponsor of the proposed trust, is affiliated with Global X Management Company, also known as Global
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3AC-backed DeFi protocol Tranchess launched to track Bitcoin performance
Three Arrows Capital CEO Su Zhu has announced the launch of decentralized finance (DeFi) protocol Tranchess.Tweeting on Thursday, Zhu described Tranchess as a “Tokenized Asset Management and Derivatives Trading” protocol.While the project aims to become a multi-chain and multi-asset DeFi protocol, with designs on becoming a decentralized autonomous organization, the
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Visa to acquire cross-border payments fintech Currencycloud
Visa officially announced Thursday that it signed a definitive agreement to acquire Currencycloud, a fintech platform supporting about 500 banking and technology clients across more than 180 countries.The new acquisition aims to improve Visa’s foreign exchange business and expand them to serve financial institutions, fintechs and partners. The deal will
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Bank of Russia asks stock exchanges to not list crypto-related firms
As global cryptocurrency companies increasingly consider going public, the Russian central bank has officially recommended local exchanges to avoid crypto-related listings.The Bank of Russia issued an information letter on July 19, asking Russian stock exchanges to stay away from listings of foreign and local companies involved in a broad range
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