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Seychelles-based cryptocurrency derivatives exchange Bitget is updating its Know Your Customer (KYC) requirements for users to stay in step with global regulatory guidelines. According to the company, the new KYC requirements are being instituted to protect user rights and interests, shape a secure cryptocurrency trading environment and comply with regulatory recommendations
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To combat galloping inflation early in 2022, the U.S. Federal Reserve began what's now become an historic run of monetary tightening, raising its benchmark fed funds rate target more than 500 basis points over the past 17 months. The most recent rate hike was at the Fed's last policy meeting
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ARK Investment Management, a pro-Bitcoin (BTC) firm founded by veteran investor Cathie Wood, is reportedly ahead in the race for a spot BTC exchange-traded fund (ETF).In mid-June, the investment firm BlackRock filed an application for a spot Bitcoin ETF, triggering notable optimism in cryptocurrency markets.Several reports suggested that BlackRock could
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Bitcoin (BTC) fell to multi-day lows at the June 5 Wall Street open as action heated up on exchanges.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewVan de Poppe: Trend line failure could mean "bottom isn't in yet"Data from Cryptox Markets Pro and TradingView showed BTC/USD wicking to $26,640 on Bitstamp.Down
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The exchange has set notification requirements for receiving and sending crypto to TRUST-compliant platforms in a list of 21 countries, which includes Japan, Israel, Gibraltar, Hong Kong, the Bahamas and Switzerland. BitFlyer further restricts transfers to complaint platforms in these countries to TRUST-compatible crypto assets such as bitcoin (BTC), ether
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The recent surge in Bitcoin (BTC) transaction fees has lit a fire under one of the largest crypto exchanges to upgrade to the Bitcoin Lightning Network. Following a second halt in withdrawals, Binance announced it would work on “enabling BTC Lightning Network withdrawals, which will help in such situations.”To prevent
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Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules to aid Argentina. Also, the two countries are negotiating
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The Bitcoin price successfully defended the $28,000 support on May 2, but it has yet to prove the strength needed to reclaim the $29,200 level from April 30. $30K becomes crucial for Bitcoin bullsSome analysts will pin the recent downtrend on the expectation of an interest rate increase by the
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“There are aspects of [MiCA] which are interesting and I think everybody likes so we have factored that in our paper,” Gwyneth Nurse, director general of financial services at the Treasury, said at Innovate Finance’s annual Global Summit in April, referring to the U.K. consultation on crypto rules. Source
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"We are excited to collaborate with IPX, who is a global leader in building innovative character IP brands beloved by millions of fans around the world," Zagabond, the pseudonymous founder and CEO of Chiru Labs, said in a press release. "IP is evolving, and we see the web3 community as
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