UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions
The FCA has turned down some of the largest crypto firms in the world in the last 18 months, its CEO Nikhil Rathi told lawmakers at a hearing. Original Source
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Warns
CBDCs can restrict citizens’ spending, economist warns
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied US economics professor Eswar Prasad has said that governments can program central bank digital currencies (CBDCs) to restrict purchases made by citizens. Speaking at a June World Economic Forum (WEF) event, Cornell University professor Eswar Prasad opined
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Ripple warns on fake XRP airdrops amid US ruling
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied After the recent ruling, XRP price surged 66%, but fake airdrop scams emerged. Ripple CTO has warned users against fraud. Ripple CTO David Schwartz warned that scammers will try to defraud users. He confirmed there will be
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Ripple CTO warns against XRP scams amid SEC-induced hype
A court ruling in favor of Ripple Labs — stating that XRP (XRP) is not a security — reignited the long-lost hype around the ecosystem. Anticipating an influx of scams as the token rallies defying bearish sentiments, Ripple CTO David Schwartz issued a warning to investors.A two-year-long legal battle between
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European trade body warns against the exclusion of DeFi from MiCA
The Association for Financial Markets in Europe (AFME), an industry advocacy group that represents wholesale market participants in Europe, called for the inclusion of the decentralized finance (DeFi) sector within the recently passed Markets in Crypto-Assets (MiCA) regulations.MiCA is considered the first potential piece of comprehensive crypto legislation and is
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Gaining speed on tokenization is vital for UK’s financial future, banking group warns
Advocacy group UK Finance is urging the British government to encourage securities tokenization. The market is small now, but the future stakes are high, it said.In a report co-written with consulting firm Oliver Wyman, UK Finance said the advantages of tokenization, such as lower costs, lower risk and wider access,
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BTC price metric warns that Bitcoin speculators may sell past $33K
Bitcoin (BTC) may see a “market correction” should BTC price action go much beyond $33,000, research warns.In the latest edition of its weekly newsletter, The Week On-Chain, analytics firm Glassnode flagged speculative selling risk on the horizon.Bitcoin speculator profits average 12%Bitcoin short-term holders (STHs) — the more speculative BTC investors
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Binance.US Solves USD Withdrawal Problems but Warns that Solution Is Only Temporary
Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with
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Binance.US solves USD withdrawal issues but warns it won’t last long
U.S. crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its banking partners but warns the relief may not last.The reportedly independent subsidiary of crypto exchange Binance told customers in a June 22 update that its system remains fully operational and that
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100K ChatGPT logins have been leaked on dark web, cybersecurity firm warns
Over the past year, more than 100,000 login credentials to the popular artificial intelligence chatbot ChatGPT have been leaked and traded on the dark web, according to a Singaporean cybersecurity firm.A June 20 blog post by Group-IB revealed just over 101,000 compromised logins for OpenAI’s flagship bot have traded on
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