Crypto custodians play a crucial role as the guardians of users’ crypto funds by safekeeping their private keys. The collapse of FTX has altered the complete scenario. The crypto custody industry is currently working on regaining trust worldwide. TheNewsCrypto engaged in an interview with Arthit Sriumporn, the founder and CEO
The United Kingdom has passed a landmark bill recognizing cryptocurrencies as regulated financial activities within the country. This significant decision by the UK government has marked a great turning point in the global crypto market. It reflects the growing acceptance and understanding of the potential of cryptocurrencies. On June 29,
Coinbase, the leading crypto exchange, has shared that Canadian lawmakers have recently released a comprehensive report that unequivocally supports the adoption and integration of blockchain technology. This significant move by the Canadian government marks a pivotal moment in the global blockchain landscape. Moreover, it creates expectations and anticipation throughout the
In the ever-evolving landscape of cryptocurrency, the emergence of stablecoins creates waves, offering a refuge for investors in the tumultuous seas of digital finance. Buoyed by robust reserves and promising stability in a volatile market, these digital tokens have rapidly become a preferred asset. Moreover, leading banking institutions and federal
The crypto market has witnessed significant growth in recent years and has captured the attention of non-crypto institutions and banks. It leads to an increase in mainstream adoption of the crypto market. CACEIS, the asset-servicing banking group of Credit Agricole and Santander, has registered with the French market regulator AMF
Jeff Kirdeikis, the CEO of TrustSwap, has expressed his disappointment in Canadian regulations. He claims that Canadian regulators have failed to serve the interests of the people. Jeff Kirdeikis’s controversial tweet got the attention of the crypto community. Canadian regulators are a joke. I've been forced to pull my money
Ukrainian regulators have announced their plans to raise taxes on crypto gains starting in 2024. Both individuals and businesses involved in cryptocurrency transactions would be subject to an 18% tax on their profits under the proposed plan. The National Commission for Securities and the Stock Market plans to charge a
Binance, the world’s largest cryptocurrency exchange, is encountering a series of challenges and increased legal scrutiny. Following a lawsuit in the United States and a license denial in the Netherlands, the exchange is now under investigation by French authorities for “aggravated money laundering.” This latest occurrence adds to the mounting
Binance, the world’s largest crypto exchange, has faced several charges filed by the U.S. Securities and Exchange Commission. The SEC accused the crypto exchange and its CEO of providing unregistered securities. The accusation by the SEC has become a controversial topic in the crypto world. Even though the SEC accuses
Banks grapple with integrating these digital assets into their financial systems as cryptocurrencies continue to captivate consumers, investors, and financial institutions with their decentralized nature and the promise of greater economic freedom. While the allure of lower-cost transaction processing and increased efficiency is undeniable, compliance and regulation concerns have surfaced,
