Binance goes Layer-2 with opBNB, details inside.

BNB Chain released its Ethereum Virtual Machine (EVM) compatible layer 2 chain opBNB.  BNB’s price action was sluggish, and metrics suggested that the trend might continue.  BNB Chain [BThe post Binance goes Layer-2 with opBNB, details inside appeared first on AMBCrypto. origin »

UK Upper Parliament Approves New Crypto Regulation Bill.

The upper house of the UK Parliament recently approved a bill establishing the first comprehensive crypto-asset regulation in the country. The bill, which was first introduced last year, proposed the regulation of cryptocurrencies and amendments to the UK Banking Act 2009 which outlines the authority of the central bank to oversee payment networks. The UK’s […] origin »

Crypto bill approved by UK Parliament's Upper House.

The Upper House will return the FSMB to the lower house of the Parliament for final approval. The U.K. is trying to catch up with the EU, which recently finalized its MiCA regulation. The upThe post Crypto bill approved by UK Parliament's Upper House appeared first on AMBCrypto. origin »

Deutsche Bank applies for digital asset custody license in Germany.

Investment bank Deutsche Bank AG has applied to provide cryptocurrency custody services in Germany, per a June 20 Bloomberg report. Deutsche Bank’s head of commercial banking unit, David Lynne, reportedly confirmed the bank’s application during a conference on Tuesday, saying: “We’re building out our digital assets and custody business. origin »

Optimism (OP) Soars Over 6% Following Launch On BNB Chain.

Optimism price is basking in the news of BNB Chain’s newly introduced Optimism-powered layer-2 testnet opBNB.  On June 19, BNB Chain announced the launch of its opBNB testnet. The newly launched layer-2 scaling solution based on Optimism Stack will boost the Binance Chain network’s security and scalability. origin »

How Optimism ended up outperforming Polygon.

Optimism's Bedrock update might have played a major role in increasing active addresses.  OP’s daily chart was painted green, and market indicators were bullish.  Optimism [OP] witnessedThe post How Optimism ended up outperforming Polygon appeared first on AMBCrypto. origin »

Japan’s crypto exchanges push for relaxed margin trading rules to attract new investors.

Cryptocurrency exchanges in Japan have urged the authorities to loosen the regulations surrounding margin trading activities, according to a June 20 Bloomberg News report. JVCEA eyes higher leverage limits Japan Virtual and Crypto Assets Exchange Association (JVCEA), a body tasked with self-regulating the crypto industry, argued that its members want higher leverage limits for retail […] The post Japan’s crypto exchanges push for relaxed margin trading rules to attract new investors appeared first on CryptoSlate. origin »

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