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Orca Finance, Solana's largest decentralized exchange, added geo-blocking for U.K. users. The restrictions against U.K. users appear to be in response to the FCA's new promotions rules, which restrict the marketing of crypto-related products or services. Source
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Cryptocurrency advocacy group DeFi Education Fund (DEF) has urged a United States court to consider the unique aspects of blockchain technology when evaluating the privacy rights of cryptocurrency users under the Fourth Amendment.DEF filed an amicus brief to the U.S. Court of Appeals (First Circuit) on Oct. 20, supporting James
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"We’re reducing friction and making blockchain transactions more accessible to everyone,” Gagan Mac, head of product for Web3 services at Circle, said in a statement. "With the launch of Gas Station, we are abstracting away blockchain transaction fees for end users and Smart Contract Platform makes it easier for businesses
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"While this new program is well-intentioned, it may be more effective to enhance reporting measures to resolve existing issues,” explained Veronica Wong, CEO of crypto wallet SafePal. “Despite having dedicated team members reporting bot and scam accounts to safeguard our users, it is a never-ending battle as the process takes
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Devin Walsh, Executive Director of the Uniswap Foundation, a non-profit organization supporting the growth and decentralization of the Uniswap decentralized exchange (DEX), believes that
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X, formerly known as Twitter, is testing a signup model wherein new users will have to either pay to become a verified enterprise account, opt into an X premium subscription, or pay a $1 annual fee to prove they’re not a bot. The trial, which began on Oct. 17, is
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Cryptocurrency exchange Binance.US has updated its terms of service, hinting that direct withdrawals in United States dollars are no longer supported on the platform.Binance.US updated its terms of service on Oct. 16, modifying the section about the “BAM Fiat Wallet,” referring to Binance.US services related to U.S. dollar custody.In the
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Russia’s largest telecommunications firm, MTS, claims it will launch an advertising service targeting Russian Telegram users, but the social messaging application denies it has any agreements in place.The company made the announcement on Oct. 17, outlining the launch of advertising services for clients targeting the audience of specific channels, categories,
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Crypto exchange Binance will stop accepting users in the United Kingdom as of 5 p.m. local time on Oct. 16.According to Binance's announcement, the move came after the country's Financial Conduct Authority (FCA) imposed legally binding requirements on its partner Rebuildingsociety.com Ltd (REBS) on Oct. 10. Among other items, the ruling
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The firm will stop accepting new users starting Monday after U.K. regulator FCA last week restricted Binance's local partner from approving crypto ads. Source
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