Cryptocurrency Analysis and News Portal
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Coinbase CEO Brian Armstrong was not delighted with the news about the United States regulators looking into FTX.US along with Coinbase and Binance.US in the wake of the FTX crisis.Armstrong said that the enforcement action against U.S.-based companies for the irregularities committed by an offshore crypto exchange that fall out
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While Three Arrows Capital used its tens of billions of dollars of assets under management to invest in new projects and take large market positions, it also operated an over-the-counter trading desk called Tai Ping Shan (TPS) Capital. The entity was once described on LinkedIn as "the official OTC desk
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Major U.S crypto firms are rallying against FinCEN’s proposed regulations that would force businesses operating with crypto to gather information on the identities of non-customer counterparties.A Jan. 4 letter from Jack Dorsey, CEO of financial services firm Square takes aim at the proposal for seeking to impose reporting obligations that
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The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to report if they have more than $10,000 in cryptocurrencies with foreign financial or virtual asset service providers.FinCEN announced its intention to amend the Bank Secrecy Act’s
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China Construction Bank clarified that it doesn’t work with Bitcoin or any other cryptocurrency. However, it will accept bond deposits made in Bitcoin.One of the world’s largest bank by market capitalization, China Construction Bank Corp (HKG: 939), has partnered with a Hong Kong-based fintech to issue blockchain-powered offshore bonds that
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Cryptocurrency has gained a global stage in recent years and is taking the world by storm with the huge benefits it offers. After its introduction of Cryptocurrency, It has redefined every industry sector around the globe and created endless opportunities for businesses and Investors to gain profits through various ways.Did
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Chinese bitcoin miner manufacturer MicroBT is looking to grab a bigger slice of the U.S. market by setting up its first overseas production center.The company said on Friday that it has partnered with New York-based Foundry Digital LLC and a Southeast Asian company in order to improve supply chain efficiencies
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Growing institutional interest is helping to drive a recent spike in volume on Bakkt, according to its president, Adam White. But the U.S.-regulated crypto derivatives exchange is holding out hope its dormant options platform will eventually gain traction. Trading volumes for physically settled bitcoin futures on Bakkt rose to $134 million
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One of the major manufacturers bitcoin mining equipment hopes launching its own exchange could double total revenue by 2022. In an interview with Bloomberg BNN, CFO Chen Lei confirmed the Hangzhou-based Ebang was planning to launch a regulatory-compliant crypto exchange that would strictly operate outside of China, where the government
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