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Search Results for: cryptocurrency regulation

Binance Eyes Entry in the UK Amid Ongoing Tussle With U.S Regulators

As a result of the government’s assault on cryptocurrencies, Binance has found it difficult to operate in the US market. It has recently begun lobbying to be regulated in the UK. Binance’s chief strategy officer, Patrick Hillmann, said while speaking at Financial Times’ Crypto and Digital Assets Summit that the

May 12, 2023 2 mins read

MetaMask Now Allows U.S Customers To Buy ETH Via PayPal

MetaMask, a supplier of crypto wallets and DApps, has begun enabling Ether transactions using PayPal for customers in the United States, one of its largest markets. To facilitate Ether transactions, the business claims to be the first Web3 wallet to integrate with PayPal. #DYK MetaMask🦊 is the first web3 wallet

May 12, 2023 2 mins read

U.S Chamber of Commerce Backs Coinbase in SEC Tussle

The U.S. Chamber of Commerce has come out in favor of Coinbase, the largest cryptocurrency exchange in the United States, in its efforts to clarify regulations from the Securities and Exchange Commission (SEC). The Chamber of Commerce, according to court documents, has filed an Amicus Brief in support of Coinbase’s

May 12, 2023 2 mins read

Binance Announces Completion of Conflux Network Mainnet Integration

Binance, the biggest cryptocurrency exchange in the world, said on Thursday that it has integrated the Conflux Network (CFX) mainnet. Conflux Network (CFX) listing in March 2021 was announced, however, trading was limited to BEP20 CFX tokens.  Binance has finished integrating the Conflux Network (CFX) mainnet, the exchange said formally

May 11, 2023 2 mins read

JR Kyushu Railway Company Launches NFTs on Astar Network To Boost Customer Engagement

Tokyo, Japan, May 11th, 2023, Chainwire   The initiative will bring real-world utility to NFTs in Japan, enabling the railway operator to strengthen its customer relationship Kyushu Railway Company (JR Kyushu) – part of Japan’s largest rail network, the Japan Railway Group – today announced that it will issue NFTs

May 11, 2023 3 mins read

New York Proposes Bill To Accept Payments for Bail in Stablecoins

At least one state in the United States has proposed laws that would have far-reaching effects on the world of digital assets. In particular, a bill has been introduced in New York that would allow stablecoins to be used as payment for bail. If passed, Assembly Bill 7024 will update

May 11, 2023 1 min read

Galaxy Digital Moving Out of U.S Amid Regulatory Uncertainty

Galaxy Digital, a leading cryptocurrency investor, is the latest significant player to leave the United States in response to the recent governmental onslaught. CEO Mike Novogratz of Galaxy Digital made the decision to relocate the company’s operations on Tuesday, May 9. He cited the challenging regulatory climate in the United

May 10, 2023 2 mins read

Gemini Support for PEPE Coin; Will Traders Benefit From It?

The leading cryptocurrency exchange Gemini added recent investors’ “favorite memecoin Pepe (PEPE)” to its trading list. Soon, trading for $PEPE will begin. British, European, Canadian, Australian, Hong Kong, and Singapore investors can now access Pepe coin through Gemini. Trading will be accessible first via the exchange API/FIX and ActiveTrader applications

May 10, 2023 1 min read

New York General Attorney’s New Legislation Act Proposed!

A new crypto regulation named CRPTO Act came into existence, to secure all the New York-based crypto investors with their finances. Letitia James, the General Attorney of New York announced the legislative proposal of the CRPTO Act on May 8.  The laws on the regulations are set to discard the

May 8, 2023 2 mins read