Here’s why stablecoin withdraws to self-custody wallet may ban in Brazil

Banco Central do Brazil (BCB), the largest central bank in South America, has proposed legislation to ban stablecoin withdrawals to self-custody wallets. According to the Federal Government of Brazil’s document on Dec.

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Coinbase adds Apple Pay to onramp for easier crypto access

Coinbase has integrated Apple Pay into its Onramp platform, aiming to simplify and speed up fiat-to-crypto transactions.  Onramp allows developers to embed tools for purchasing cryptocurrency into third-party applications, such as self-custody wallets or decentralized finance platforms.  With Apple Pay…

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Stablecoin Users Alert: Brazil Eyes Ban On Withdrawals To Self-Custody Wallets

As part of its efforts to keep up with changes in the financial world, the Brazil Central Bank (BCB) wants new rules on virtual currencies, especially stablecoins. The Central Bank said in a press release on November 29 that there would be a public consultation notice with a plan on how to regulate virtual asset […]

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Brazil Proposes Ban on Stablecoin Transfers to Self-Custody Wallets

Brazilian authorities aims to align the treatment of cryptocurrencies with traditional financial instruments while addressing concerns about investor protection. The post Brazil Proposes Ban on Stablecoin Transfers to Self-Custody Wallets appeared first on BeInCrypto.

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Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets

The Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial wallets. According to the public consultation notice, the transfer of stablecoins — called “tokens denominated in foreign currencies” — between residents would be restricted in cases where Brazilian law already allows payments in […] The post Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets appeared first on CryptoSlate.

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Tackling DeFi Wallet Bottlenecks: WallitIQ’s Groundbreaking Crypto Wallet Dwarfs Metamask And Trust Wallet

As the crypto world braces for what many believe will be the next major bull run, more users are flocking towards self-custody solutions. With centralized exchanges often facing security issues, pressure from regulators, and vulnerability to hacks, the shift to decentralized wallets has become a growing trend.

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No, Denmark did not propose banning self-custody wallets

The Danish Financial Supervisory Authority said the exemption of self-custodial wallets from MiCA doesn’t mean such wallets should be banned.

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Sui and Mesh Combine Forces to Bring Simplified Transactions Across the Sui Ecosystem

With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world’s largest self-custody wallets, while Mesh now natively supports the SUI token.

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Bitcoin Lightning Wallet ZEUS Isn’t Going Anywhere

Evan Kaloudis, the US-based founder of ZEUS, believes that now is the time to take a stand and fight for KYC-free bitcoin self-custody wallets.

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Senator Lummis challenges DOJ’s stance on private crypto wallets

U.S. Senator Cynthia Lummis argued that the Department of Justice's position on crypto self-custody conflicts with existing Treasury guidance and breaches the rule of law.

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Ethereum founder Vitalik Buterin says 'decentralize your security' - Why?

Vitalik Buterin proposes “multi-sig” to solve seed phrase issues with hardware wallets. Shamir is another alternative to storing seed phrases, but Buterin downplayed it.  Self-custody wThe post Ethereum founder Vitalik Buterin says 'decentralize your security' - Why? appeared first on AMBCrypto.

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Ledger and Coinbase forge integration to streamline crypto purchases

Ledger and Coinbase streamline crypto purchases with Coinbase Pay integration. Users can now receive crypto purchases directly on Ledger hardware wallets. The collaboration aims to simplify the self-custody process and increase accessibility.

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Your Keys, Your Control: Why Self-Custody Is More Important than Ever

In 2023, crypto breaches led to significant losses, pushing the shift towards self-custody for financial security. This move towards personal wallets and private key management is essential in today’s vulnerable crypto market.

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The Impact Of Increasing Self-Custody On $SUSHI, $REEF, $ELF, $BICO, $CRV, and $INJ

Self-custody, or the practice of holding cryptocurrencies in private wallets rather than on exchanges, is gaining traction among investors. This shift is particularly notable for coins like SUSHI, REEF, ELF, BICO, CRV, and INJ, as their supplies on exchanges are decreasing.

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Cross-chain wallet BitKeep changes name to Bitget Wallet after acquisition

The exchange follows the likes of Binance, KuCoin and OKX in running self-custody wallets parallel to CeFi operations.

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MetaMask is the most popular hot wallet, CoinGecko data suggests

MetaMask is the number one hot wallet on the market, with over 22.66 million app installations and users, according to CoinGecko’s latest report.  Crypto hot wallets According to CoinGecko, MetaMask is the most popular “hot wallet for self-custody,” with 22.66…

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As CEXes expand into self-custody, MetaMask leads the way

MetaMask remains the biggest self-custodial crypto wallet service provider. Most of the top self-custody wallets were linked to centralized exchanges. The liquid supply of top crypto assets The post As CEXes expand into self-custody, MetaMask leads the way appeared first on AMBCrypto.

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BitFlyer adopts crypto deposit limits to comply with Travel Rule

While adopting restrictions on transactions between exchanges, bitFlyer still supports transactions to and from self-custody wallets like MetaMask.

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PayPal’s Venmo To Enable Ability To Transfer Bitcoin To External Wallets In May

Users who have purchased bitcoin through the app will now be able to take self-custody of their BTC, as well as send it directly to other Venmo users.

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Robinhood to allow customers buy crypto directly from within dApps and wallets

Robinhood has announced Robinhood Connect, a new feature that offers seamless crypto integration for dApps and wallets. Self-custody wallet Giddy is among the first mobile wallets to integrate the new on-ramp feature.

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Phantom Wallet CEO explains why wallets must move to be multichain

Phantom Wallet CEO Brandon Millman argues airdrops may not be worth the hype and self-custody wallets are not off the hook regarding regulation.

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Cold wallet Ledger raises $108M as self-custody wallets gain popularity

Hardware crypto wallet company Ledger announced raising $108 million in its recent funding round, according to TechCrunch. The post Cold wallet Ledger raises $108M as self-custody wallets gain popularity appeared first on CryptoSlate.

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Vitalik Buterin urges to self-custody crypto

Vitalik Buterin has emphasized the importance of self-custody for safeguarding assets. Via a Reddit post, he explains that social recovery and multi-signature solutions can help achieve this goal.  According to Buterin‘s recent post, with multisig wallets, funds are protected from…

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BlueWallet To Sunset Custodial Lightning Wallet Service

On-chain Bitcoin wallets and self-custody Lightning wallets will not be impacted, according to a blog posted by the mobile Bitcoin app company.

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MyEtherWallet CEO talks about the future of crypto self-custody

Tune in to the third episode of Hashing It Out as Cointelegraph’s Elisha Owusu Akyaw discusses the future of noncustodial cryptocurrency wallets with Kosala Hemachandra, CEO of MyEtherWallet.

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Self-Custody Is the Antidote to FTX’s Fraud

And Senator Warren’s proposed bill would make transacting with self-hosted wallets much more difficult, says Representative Warren Davidson.

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CryptoSlate Wrapped Daily: November closes as one of the worst months for ETH or BTC, SBF claims the FTX collapse was a mistake

The biggest news in the crypto-verse for December 1 includes November finishing as the second-worst month for Bitcoin and fourth-worst for Ethereum, SBF shifting blame to Alameda Research for the FTX collapse, and 15 million Bitcoin retreating to self-custody wallets, leaving only 22% of total supply liquid.

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FTX’s Collapse Triggers Dramatic Shift Towards Self-Custody For Bitcoin, Ethereum

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FTX Contagion is Spreading. Here’s How to Keep Your Crypto Safe

Crypto investors have been reiterating the importance of storing coins in self-custodial wallets since the collapse of FTX. But self-custody can be intimidating, which is why weve put together a...

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Retail traders massively withdraw their BTC from exchanges

FTX collapse has birthed renewed interest in self-custody among retail users, as many are now moving their Bitcoin (BTC) to cold wallets. The post Retail traders massively withdraw their BTC from exchanges appeared first on CryptoSlate.

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FTX crash pushes Bitcoin to self-custody; Ethereum switched for stablecoins

After the FTX collapse, investors are moving large amounts of Bitcoin (BTC) to their self-custody wallets and exiting Ethereum (ETH)  to invest in stablecoins, according to data analyzed by CryptoSlate.

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Ledger Nano X And Nano S Plus Now Available In All Best Buy Stores Nationwide

Things to know: – We have just partnered with Best Buy to ensure that everyone can attain true ownership of their digital assets through the Nano X and Nano S Plus wallets. – Sharp rise in hacks has increased importance of, and demand for, self-custody in crypto.

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Bitcoin Self-Custody Is Necessary For Financial Sovereignty

Bitcoin was designed to empower the individual through the separation of money and state. Self-custody wallets are integral in preserving that goal.

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Security PSA: Mining Pool Scams Targeting Self-Custody Wallets

Learn about working at Coinbase: https://www.coinbase.com/careers - Medium

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Crypto Wallets Are The Key To Web 3, Says ZenGo CEO

BeinCrypto spoke to Ouriel Ohayon, CEO of ZenGo. He discusses how crypto will move into mainstream adoption and how this won't involve self-custody as we currently know it. The post Crypto Wallets Are The Key To Web 3, Says ZenGo CEO appeared first on BeInCrypto.

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Coinbase launches standalone browser extension for Coinbase Wallet

Self-custody wallets have proven extremely popular among users looking to access decentralized exchanges and NFTs.

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Analysts say Mnuchin’s proposed self-custody rule won’t impact Bitcoin price

Analysts debate whether the U.S. Treasury Secretary’s new rule about self-custodied wallets could place the current bull run in peril.

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What’s Up with Treasury Secretary Targeting Self-Custody Wallets as Forewarned by Coinbase CEO

Late Wednesday night Coinbase CEO, Brian Armstrong took to Twitter to forewarn the crypto community about the plan of the US Treasury Secretary to “rush out some new regulation regarding self-hosted crypto wallets before the end of his term.

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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem

Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server).

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Sparkswap, World’s First Lightning Atomic Swap Exchange, Now in Beta

Bitcoin’s first decentralized exchange to make use of the Lightning Network’s Atomic Swaps is now in beta. Sparkswap, an exchange with backing from Pantera Capital (which announced its ambitious mission to become the most decentralized bitcoin exchange on the market in August 2018), has now opened its beta to users.

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