This Pundit Believes Ethereum’s Price Could Tap $450,000 In the Next 2 Decades — Here’s Why

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Beijing releases white paper for Web3 innovation and development

The release of the white paper coincides with new digital asset regulations in Hong Kong, raising further interest in China’s stance toward the crypto industry. дальше »

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Whales Flock To XRP, Accumulate 52 Million Tokens In Just 3 Weeks – Here’s Why

In the world of crypto, the actions of large investors, known as whales, can often provide valuable insights into the market sentiment surrounding a particular digital asset. Recent data has revealed a common trend in the XRP market, as whales have been actively accumulating millions of tokens over a short period, particularly in the last three weeks. дальше »

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Web3 Lawyer Backs Ripple Amid Discovery Of Conversation Between SEC Staff Prior To The Hinman Speech

The legal tussle between Ripple and the Securities and Exchange Commission (SEC) takes a new turn as web3 lawyers and digital asset users scrutinize a new revelation concerning the case.  Pro-XRP lawyer John Deaton has stated that a small footnote that he discovered in Ripple’s brief could play a key role in determining the merits […] дальше »

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HEX’s Dramatic Fall: Were The Critics Right The Whole Time?

In the ever-evolving landscape of cryptocurrencies, one digital asset has recently been the subject of intense scrutiny and debate: HEX. This controversial cryptocurrency, founded by Richard Heart, has seen a dramatic fall from grace, with its value plummeting 82% in recent months and a staggering 97% from its all-time high. дальше »

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Suitability Of Crypto Products To Be Included In Regulatory Frameworks – IOSCO Recommendation

According to a May 23, 2023 media release, the International Organization of Securities Commissions (IOSCO) issued global recommendations to jurisdictions on the regulation of crypto and digital asset markets. дальше »

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DigiToads (TOADS) Presale Shows Tremendous Potential Along with LINK, DOT

Experts predict DigiToads will become one of the top crypto coins due to its tremendous presale success.   The rapid accumulation of TOADS while still in its Lilypad 6 presale stage has led many to bet on a 400x profit return of this crypto asset. дальше »

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VISA Explores the Potential of Smart Contracts for Payments with Ethereum

Global financial services behemoth VISA recently shared a range of significant milestones in its ongoing pursuit of digital asset payments and seamless crypto onboarding. In a blog titled “Rethinking Digital Transactions with Account Abstraction” earlier this week, the firm disclosed it is now exploring how gas fees can be redesigned using Account Abstraction on the […] дальше »

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Gulf Binance Receives Green Light to Launch Digital Asset Exchange in Thailand

Binance announced partnership with Thailand’s Gulf Innova, acquiring the digital asset operator licenses from Thailands Ministry of Finance. This significant milestone paves the way for the company’s anticipated digital asset... дальше »

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Binance, Gulf Innova joint venture bags digital asset operator license in Thailand

Thailand’s Ministry of Finance has granted a digital asset operator license to the joint venture between Binance and Gulf Innova, the exchange announced May 26. Gulf Innova is a wholly-owned subsidiary of Gulf Energy. дальше »

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Binance and Gulf Innova to launch crypto exchange in Thailand in Q4 2023

Binance and its Thai partner Gulf Innova have secured digital asset operator licenses in Thailand to launch a new crypto exchange. дальше »

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WEF publishes crypto asset regulation recommendations for government, industry

The World Economic Forum analyzed regulatory approaches to urge cooperation between international organizations, regulators and the crypto industry. дальше »

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Polkadot Extends Decline, Can Bulls Defend $5.15 Support?

The Polkadot price analysis continues to indicate a bearish outlook as the market undergoes a notable decline. Within the past 24 hours, the asset’s price experienced a slight decline, demonstrating sideways movement under the influence of bearish sentiment. дальше »

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Norway could go its own way on crypto asset regulation, central bank suggests

International regulation may be too slow and may represent interests that are not in line with Norway’s, Norges Bank suggests in an annual report. дальше »

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Euro coin (EUROC) now live on the Avalanche blockchain

Stablecoin issuer Circle has introduced euro coin (EUROC) on the Avalanche network, marking the second blockchain to support the asset. EUROC, backed by the euro at a 1-1 ratio, offers developers another avenue to serve users through integration into decentralized applications (dApps).. дальше »

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Huobi Ordered To Suspend Operations In Malaysia In Latest Crypto Hit

On Monday, the Malaysian Securities Commission (SC) ordered Seychelles-headquartered cryptocurrency exchange Huobi Global to cease activities in the country. The regulator said Huobi was operating a digital asset exchange in Malaysia without the appropriate registration. дальше »

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Chainlink (LINK) Under Bearish Strain As Selling Pressure Mounts

The bullish momentum in Chainlink (LINK), which spiked the asset to $6. 75 on May 18, 2023,  ended on May 19. From May 19 till date, LINK recorded a bearish pressure as the price gradually decreased each day till May 24, when it closed at $6. дальше »

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XRP Bears Prevail As Asset Retreats From Recent Highs

XRP is in the red today, losing grip of its recent gains as the bears act on its price. The bulls had sustained the price momentum driving XRP to $0. 4688 on May 19. The asset traded within this range till May 24, when the bears dropped it to a closing price of $0. дальше »

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CFTC charges 5 in fraudulent digital asset trading scheme

The U.S. Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against five individuals, accusing them of running a fraudulent digital asset trading scheme. дальше »

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Bitcoin Hangs At $26,200: Why This Is A Crucial Support Level

Bitcoin has plunged during the last 24 hours and now finds itself at the $26,200 level. Here’s why this level is important for the asset. Bitcoin 200 WMA & 111 DMA Are Both At $26,200 Right Now In a new tweet, the analytics firm Glassnode has talked about how the different technical pricing models for Bitcoin may be interacting with the asset’s price currently. дальше »

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Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund

The firm has so far received $20 million out of its $100 million target for the fund. дальше »

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Percentage of Americans holding, using crypto fell in 2022: Fed survey

Americans holding or using crypto fell from 11% in 2021 to 8% in 2022, per the Fed’s 2022 Economic Well-Being of U. S. Households report – released this month. The Fed attributed the drop in holding and using crypto to the fall in digital asset prices last year. дальше »

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Gate Group Launches New Virtual Asset Trading Service in Hong Kong to Leverage City’s Crypto-Friendly Disposition

Coinspeaker Gate Group Launches New Virtual Asset Trading Service in Hong Kong to Leverage City’s Crypto-Friendly Disposition Gate Group has established its presence in Hong Kong by launching Gate. дальше »

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Gate Group launches new virtual asset trading platform in Hong Kong

As of May 23, users can deposit and withdraw virtual assets and participate in spot trading activities.

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ZA Bank plans digital asset retail trading in Hong Kong under new guidelines

The bank announced its plans, part of its diversification strategy, the day after Hong Kong released its new guidelines.

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Crypto credit cards spending statistics 2023

Digital Asset Service Providers like crypto exchanges around the world have partnered with popular payment providers like Visa Inc. (NYSE:V), Swipe, and MasterCard (NYSE: MA) to issue crypto credit cards and crypto debit cards to allow users to pay for services and products using their crypto holdings. дальше »

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Bitfinex expands Latin America presence with investment in Chilean “crypto bank” OrionX

Bitfinex, a leading digital asset trading platform, has announced a new investment in Orionx, a top cryptocurrency exchange in Chile. A joint press release by the two firms noted that the investment is part of a broader effort to promote financial freedom and inclusion in Latin America. дальше »

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Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research

The correlation of BTC’s price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted. дальше »

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Crypto’s Quirky Automated Market Makers and How They Differ From TradFi Exchanges

Crypto exchanges have order books just like the NYSE, but the digital asset realm also offers something very different known as automated market makers (AMMs). дальше »

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Hong Kong SFC eases requirements as exchanges face crypto talent crunch

Hong Kong is gearing up to usher in a new regime for virtual asset regulation. The Securities and Futures Commission (SFC) published the conclusions from its weeks-long consultation on regulatory guidelines for crypto platforms on May 23. дальше »

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Will Banks Drive Blockchain’s AI Transformation?

Microsoft joins a new consortium that could use AI to streamline asset transfers across the Canton Network The post Will Banks Drive Blockchain’s AI Transformation? appeared first on BeInCrypto. дальше »

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Cosmos (ATOM) Bears Dominate As Bulls Struggle To Drive Price

Cosmos (ATOM) experienced a short bullish momentum on May 10, 2023. The asset saw an increase of 10. 89% taking its price to a high of $11. 2. However, the bears regained control of the market on May 13 and sent the coin to its current price of $10. дальше »

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Crypto, TradFi Broadly Welcome IOSCO’s Proposed Norms for Digital Asset Markets

The global regulator for securities markets released its first set of policy recommendations for the crypto sector on Tuesday. дальше »

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XRP Surpasses Bitcoin As the Most Traded Crypto Asset in Korean Crypto Exchanges Upbit and Bithumb

In a surprising turn of events, XRP, the native cryptocurrency of the Ripple network, has overtaken Bitcoin (BTC) as the most traded asset on the largest South Korean cryptocurrency exchanges by trading volume, Upbit and Bithumb. дальше »

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UK core inflation hits 28-Year high, boosting Bitcoin adoption as safe haven

The United Kingdom’s core inflation reached 6. 8% in April, its highest level since 1992, as CryptoSlate reported in a recent insight. This surge in inflation has occurred alongside a backdrop of declining interest rates for over 40 years, which has inflated asset bubbles across the board. дальше »

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FATF Did Not Require Pakistan to Ban Crypto to Stay Off Its 'Grey List'

The Financial Action Task Force has said it does "not require countries to indiscriminately ban virtual assets and virtual asset service providers," after Pakistan's Minister of State for Finance and Revenue said crypto cannot be legalized due to conditions set by the watchdog. дальше »

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Bitget secures VASP license in Poland

Bitget, a leading cryptocurrency exchange and copy trading platform, has successfully registered as a Virtual Asset Service Provider (VASP) in Poland, according to an announcement the exchange published on Tuesday. дальше »

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Bitget Receives Polish Regulatory Licence as Fifth-Largest Exchange Moves Further into EU

Cryptocurrency exchange Bitget confirmed its registration as a Virtual Asset Service Provider (VASP) in Poland on May 23, granting Bitget the legal right to conduct operations within the Polish cryptocurrency... дальше »

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Prometheum subsidiary receives FINRA approval for digital asset qualified custody

The approval marks the first time a digital asset custody provider has come under federal regulation as the SEC tightens custody rules. дальше »

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Bitget has successfully registered as a VASP in Poland

Bitget has registered as a virtual asset service provider in Poland. The crypto exchange had registered in Lithuania as well in April. Bitget ended the first quarter with a 146% increase in BGB holders. дальше »

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Ripple Expands into the Institutional Crypto Custody Market Following $250 Million Acquisition of Metaco

On May 17th, Ripple, the company behind XRP, announced the acquisition of Metaco, a Swiss provider of digital asset custody and tokenization technology. The move is one step forward in the company’s intention to enter the cryptocurrency custody market. дальше »

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HedgeUp (HDUP) 10x Presale Sees SHIB Holders Flocking To The Project

Yes, it’s possible. The crypto markets have made an anonymous truck driver become a millionaire. His story is now spreading around the world as an example of how powerful this new asset class can be. дальше »

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Crypto lawyers speculate on XRP’s classification in SEC lawsuit

Crypto lawyer Jesse Hynes has voiced the hope that the court supervising the Securities and Exchange Commission's (SEC) legal action against Ripple would declare XRP as a non-security digital asset.  дальше »

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Rakkar Digital obtains TSCP License in Hong Kong, launches custodian services

Rakkar Digital is a Singapore-based company providing digital asset custodian services to institutional and enterprise clients across Southeast Asia and Hong Kong. Rakkar Digital has obtained TSCP License in Hong Kong. дальше »

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Crypto Exchange Bitget Secures License to Operate in Poland

Coinspeaker Crypto Exchange Bitget Secures License to Operate in Poland Bitget secured regulatory licenses as a virtual asset service provider in Poland and Lithuania, witnessing significant growth and positioning itself among the Top 4 centralized crypto exchanges. дальше »

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International securities regulator proposes framework for crypto assets

The International Organization of Securities Commissions (IOSCO) has proposed the first-ever global approach for regulating the crypto asset and digital markets. This game-changing development aims to fortify consumer protection and uphold market integrity across the expansive and evolving crypto landscape.… дальше »

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Shiba Inu’s price rises as the burn rate explodes

Shiba Inu (SHIB) has struggled to get ahead of the bears over the past three weeks as the asset’s burn rate was decreasing. With the 1.7% rise in the global crypto market capitalization, SHIB, the second-largest meme coin, has also… дальше »

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Japan to impose stricter crypto AML measures from June

In a bid to align its legal framework with global standards, Japan's Cabinet has decided to implement stricter anti-money laundering measures, specifically targeting cryptocurrency asset transactions. дальше »

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Crypto Market Near-Term Upside Is Likely Capped: Bank of America

The bank expects digital asset trading volumes to remain subdued, with retail investors remaining on the sidelines. дальше »

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OKX crypto exchange applies for regulatory approval in France

OKX has filed an application in France to become a registered Digital Asset Provider (DASP). The AMF and ACPR have set rigorous requirements that DASP operating in France must comply with. OKX in April incorporated OKX France. дальше »

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