Cryptocurrency Analysis and News Portal
While crypto was invented to provide an alternative to the traditional banking system, converting to and from fiat currency is still necessary in many cases. And depending on local regulations, the policy of your bank, and even different cultural standards, your experience can vary greatly. So, what is the path
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Stablecoins are at the heart of a dollar-based revolution and could be a pivotal factor in keeping the U.S. dollar the dominant global currency, according to an Aug. 9 opinion piece published in The Wall Street Journal. The authors, Brian Brooks and Charles Calomiris, urged Congress to implement a “sound and stable
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitstamp is working on its new plan to go global. In June, the company started working with Galaxy Digital Holdings to seek funding. According to Bloomberg, the crypto exchange plans to use the funding proceeds to become
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Bitstamp, one of the world’s longest-running cryptocurrency exchanges, is moving forward with its global expansion ambitions, reportedly working to raise new funds to scale operations.Crypto exchange Bitstamp started the fundraising process in late June, with Michael Novogratz’s Galaxy Digital Holdings acting as an adviser, Bloomberg reported on Aug. 7.The firm
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Sino Global invested in tokens heavily affected by the decline of Sam Bankman-Fried's FTX crypto empire and partnered with FTX on a fund raised with outside investors' capital. Source
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If approved, the fund would grant investors "exposure to bitcoin with important protections that are not always available to investors that invest directly in bitcoin," lawyers said in the filing. Global X's spot-bitcoin applications marks the ninth active spot-bitcoin application filed with U.S. regulators, in addition to a petition by
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The G20 has released a Presidency Note under India’s leadership, emphasizing the importance of consistent crypto regulation and guidance across different jurisdictions. Coordination and consistency Following the recommendations of the Financial Stability Board (FSB) and the commitment of the International
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Binance has declined to comment on a media report that its CEO Changpeng Zhao almost shuttered the crypto trading platform’s arm in the United States in an effort to protect its global company.Citing anonymous sources, the tech media outlet reported that the board of directors of Binance’s U.S. entity, Binance.US, initiated
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News of the existence of such a note first emerged ahead of the Finance Ministers and Central Bank Governors (FMCBG) meeting in India last month through Ajay Seth, a senior official of the Indian Finance Ministry. Later, at the post-event media briefing, without revealing details of the note, Seth said
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As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported. Source
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