Cryptocurrency Analysis and News Portal
In 2018, the United Kingdom’s Financial Conduct Authority (FCA) wrote to the heads of the country’s biggest high street banks to emphasize the importance of due diligence when dealing with crypto businesses. That seems to have led to widespread high-risk ratings and bans on crypto-related banking, impacting both crypto businesses
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United States-based cryptocurrency exchange Coinbase says the adoption of USD Coin (USDC) has been “more conservative” outside of the U.S., which it believes is a result of international currency conversion fees.In an Oct. 20 statement, the exchange said there is currently three times more USDC bought with U.S. dollars as
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Huobi's affiliate Brtuomi Worldwide is one of the first exchanges in the British Overseas Territory to offer compliant crypto derivatives and trading services. In addition, Huobi, a major cryptocurrency exchange, is expanding its worldwide presence by entering the British Virgin Islands, a British Overseas Territory. Huobi stated on Friday that it
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A United States think tank has launched a “technical sandbox” aimed at advancing the exploration of a potential United States central bank digital currency (CBDC).In a Wednesday Tweet from Digital Dollar Project (DDP), the organization said the new program would explore “technical and business implementation” questions revolving around a U.S.
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Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving stablecoins to banks rather than crypto firms.Speaking before the Texas Work Group on Blockchain Matters in Austin on Friday, Beck suggested limiting the issuance of U.S. dollar-backed
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Manchester United Fan Token (MUFC) is a dead coin and not related to the sports franchise, but one Elon Musk tweet was enough to revive it on Aug. 17.Also, I’m buying Manchester United ur welcome— Elon Musk (@elonmusk) August 17, 2022 Fake Man U token pumps after Elon Musk's tweetTo clarify,
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Summary: The team at Celsius Network has debunked rumors that the project’s CEO attempted to flee the United States. Celsius Network representatives have spoken with two crypto media publications pointing out that all its team members are dedicated to stabilizing the project’s liquidity and operations. The team at Celsius Network has denied information
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The United States continues to be a global leader in embracing the cryptocurrency industry thanks to the work of Sen. Patrick Toomey, with the White House being at the forefront of crypto regulation. Last year, President Joe Biden signed a $1.2 trillion bipartisan infrastructure bill — and it included some
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Californian crypto exchange Kraken becomes the second virtual asset platform after Binance to receive regulatory approval to operate in the Abu Dhabi international financial center and free zone, Abu Dhabi Global Market (ADGM).In a CNBC interview, Kraken’s managing director Curtis Ting explains the importance of diversifying trading pairs to local
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Gemini, a major cryptocurrency exchange founded by the Winklevoss twins, has launched its crypto credit card.The company officially announced Thursday that its Gemini Credit Card is available in the United States across all 50 states.The new card is issued by the state-chartered industrial bank WebBank and features Mastercard as the
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