Crypto Exchange Binance Plans to Be Regulated Financial Institution, Seeks CEO With Strong Compliance Background – Bitcoin News
Read More
Seeks
Bitmart seeks restraining order to prevent hackers from selling fake BSV
The owner of crypto exchange Bitmart has filed a bid for pre-arbitration injunctive relief to prevent Chinese hackers from making illicit transfers using fraudulent Bitcoin SV (BSV) on its platform. According to a July 26 report, GBM Global Holdings, Bitmart’s owner, filed its bid with a New York federal judge despite
Read More
Bitcoin price seeks higher low as trader forecasts $45K breakout within weeks
Bitcoin (BTC) traded steady on July 27 after a surge above $40,000 resulted in higher levels broadly holding.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAll eyes on Bitcoin higher lowsData from Cryptox Markets Pro and TradingView showed BTC/USD hovering near $37,000, around 8.8% below the peak of Monday's gains.Its first trip above
Read More
Amazon seeks new exec to oversee digital currency strategy
Tech giant Amazon is looking to dive into digital currency and blockchain development with a new major hire within its payments-focused team.Amazon’s payments acceptance and experience team is seeking a digital currency and blockchain product lead to develop the company’s strategy of digital currency and blockchain as well as a
Read More
US FDIC seeks insight on banks’ role in cryptocurrency markets
The United States Federal Deposit Insurance Corporation is looking for information and public comments on banks' cryptocurrency-related activities.The FDIC is the major provider of deposit insurance to U.S. commercial and savings banks, originally created to address bank runs during the Great Depression. On Monday, the FDIC officially announced a request for public
Read More
Canadian Bitcoin ETF issuer seeks ‘green BTC’
Ninepoint Partners LP, one of Canada’s Bitcoin (BTC) exchange-traded fund issuers, has announced plans to offset the carbon footprint of its BTC ETF product.According to a release issued on Monday, Ninepoint has inked a partnership with carbon offsetting service provider CarbonX. As part of the partnership, Ninepoint will dedicate an
Read More
Grab Seeks Secondary Listing on Singapore Exchange after US SPAC Merger
On the 12th of April, Grab completed a SPAC merger with Altimeter Growth Corp. The merger generated almost $40 billion.Singaporean multinational transport company Grab is reportedly considering a secondary listing in Singapore. Grab’s move for a secondary listing in its home market came after the transport company listed on Nasdaq
Read More
Bank of Thailand Seeks Public Consultation Ahead of CBDC Trials in 2022
The Bank of Thailand has a harsh stance against the use of stablecoins in the country, and in March, the monetary authority issued a stern warning that it will begin penalizing the usage of any Thai Baht-backed stablecoins.Thailand’s apex monetary institution, the Bank of Thailand (BoT) is seeking a public
Read More
Tencent and Ant Group Join Digital Yuan Test as Central Bank Seeks to Expand Its Influence
Participation in the digital yuan test will provide MyBank and WeBank with new opportunities.Tencent’s WeBank and Ant Group’s MyBank have reached a deal with Chinese regulators to pilot test the China digital yuan. The two join a list of six state-owned banks already enrolled to test the CBDC.China keeps pushing
Read More
South African Regulator Seeks More Crypto Powers After Alleged Ponzi’s Collapse
“At the point something becomes a Ponzi scheme, we have lost our jurisdiction,” a regulator told Bloomberg. Source
Read More