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In addition to the failed Lend program, Coinbase has attempted other lending services in the past. Coinbase has announced that it is working on a crypto lending service for institutional clients in the United States. A September 1 filing with the US Securities and Exchange Commission (SEC) shows that the
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Genesis Global Trading (GGT) will close down its cryptocurrency spot trading service on Sept. 18, according to press reports. GGT is affiliated with the Digital Currency Group (DCG), but it was not affected when the parent company’s crypto lender, Genesis Global Capital, declared bankruptcy in January. The GGT trading shutdown is
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"With this service, institutions can choose to lend digital assets to Coinbase under standardized terms in a product that qualifies for a Regulation D exemption," a Coinbase spokesperson said in a statement. "Coinbase is working to update the financial system that was built over 100 years ago, leveraging crypto to
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By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Bitcoin (BTC) closed last week around $26,000, a 0.5% decrease in price from its previous week’s closing price of $26,100. Last week was pretty hectic, following the lawsuit win for Grayscale against the SEC. The court said
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The European Central Bank (ECB) is quite happy with the European Commission’s legislative proposals for the digital euro. ECB executive board member Fabio Panetta told the European Parliament’s Committee on Economic and Monetary Affairs in a speech on Sept. 4 that the proposals “put Europe at the forefront of advanced
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance Pool, the Bitcoin (BTC) mining pool, is launching an Ordinals inscription service for users to annotate satoshis, store ownership records, and more. To access this service, users must have a verified account and a Taproot address,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance expands its Latin American footprint with Send Cash in nine countries, aiming to facilitate remittances and cross-border payments. Binance has extended its footprint in Latin America by introducing Send Cash— a new service offering low-cost crypto
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Google plans to update some of its service policies to comply with the European Union’s Digital Services Act (DSA), according to an Aug. 24 blog post. The Big Tech giant said it had made “significant investments” in various areas to comply with the DSA’s specific requirements. It plans to expand its
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“When gaps are pointed out to us, we seek to address and remediate them as soon as possible. In line with our ongoing commitments, payment methods on the Binance P2P platform that do not fit with our compliance policies are not available on our platform," a Binance spokesperson told CryptoX. Source
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The debit card allows users to use their crypto assets to make transactions in shops or online as they would with a debit card issued by their bank. Discontinuation of the Binance Card in Latin America and the Middle East will take effect on Sept. 21, according to the post. Source
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