Revolut in advanced stages of plan to launch its own stablecoin

Fintech giant Revolut is reportedly in the advanced stages of developing its own stablecoin, CoinDesk reported on Sept. 17, citing sources familiar with the matter. Revolut, which secured a UK banking license earlier this year, aims to follow the lead of major industry players like PayPal, Ripple, and BitGo, all of which have recently entered […] The post Revolut in advanced stages of plan to launch its own stablecoin appeared first on CryptoSlate. дальше »

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Australia sees greater benefits in wholesale CBDC, limits retail interest

Australia’s central bank has announced a shift toward wholesale CBDC development, citing greater economic benefits and fewer challenges compared to a retail version. The Reserve Bank of Australia seems to be prioritizing wholesale CBDC development over retail, citing greater economic… дальше »

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Kraken Challenges SEC Securities Label Against Digital Assets  

Kraken disputes SEC's claim that tokens like ADA, ALGO, and SOL are securities, citing unclear laws and the Howey test's limits. The post Kraken Challenges SEC Securities Label Against Digital Assets   appeared first on BeInCrypto. дальше »

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Sky mulls cutting support for wBTC over Justin Sun affiliations

Sky, formerly MakerDAO, is evaluating the removal of Wrapped Bitcoin from SparkLend over concerns about its ties to Justin Sun. Sky is considering removing Wrapped Bitcoin (WBTC) as collateral from its decentralized finance platform SparkLend, citing concerns about the token’s… дальше »

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Linea’s growth lead resigns over vision discrepancies

Linea’s growth lead Marco Monaco has stepped down from his role, citing misalignment in vision with the project’s future direction. Marco Monaco, the growth lead for Linea, the zk-rollup developed by Consensys, has left the project, citing a misalignment in… дальше »

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Attorneys push for no prison time for Caroline Ellison in FTX fraud case

Caroline Ellison’s attorneys are asking for time served and supervised release, citing her cooperation in the FTX case. Former co-CEO of Alameda Research Caroline Ellison is pushing for a sentence of time served and supervised release rather than prison time… дальше »

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Latin America’s Nubank sunsets trading of its Nucoin crypto

Brazilian Nubank has abruptly halted trading of its Nucoin cryptocurrency, citing a need to protect users from potential market volatility. Digital fintech Nubank is closing its cryptocurrency, suspending immediately all trading within its app. In a Sept. 10 blog post,… дальше »

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Singapore drops cryptocurrency use for gambling citing money laundering concerns

Singaporean regulators have no plans to allow cryptocurrency use for gambling due to the risks of money laundering. During a Sept. 10 parliamentary address, Ms Sun Xueling, Minister of State for the Ministry of Home Affairs and Ministry of Social… дальше »

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Bitcoin (BTC) Price Drop to $45,000 Might Be Inevitable, Report Says

10x Research forecasts a potential Bitcoin drop to $45,000, citing declining active addresses, $1 billion in Bitcoin ETF outflows, and a weakening U.S. economy. The post Bitcoin (BTC) Price Drop to $45,000 Might Be Inevitable, Report Says appeared first on BeInCrypto. дальше »

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Pundit Projects Solana Surge to $457, Citing Strong Pullback Recovery

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Coinbase, Robinhood Upgraded by Barclays Analyst, Citing 'Matured' Business Models

British banking giant Barclays has upgraded both Coinbase (COIN) and Robinhood (HOOD) to equal weight from underweight, citing better business models. дальше »

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Uniswap Labs agrees to $175,000 fine for CEA violations after CFTC warning

Uniswap Labs has agreed to pay a $175,000 fine to settle allegations of the Commodity Exchange Act (CEA) violation. The US Commodity Futures Trading Commission (CFTC) issued a warning to Uniswap Labs, citing concerns over illegal trading practices involving cryptocurrency derivatives. дальше »

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Another country launches investigation against Telegram: What’s going on

An investigation has begun against Telegram in South Korea on similar charges brought against the messenger in France. Yonhap News Agency, citing the police, reported that the platform is accused of aiding and abetting sexual crimes. The head of the… дальше »

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OpenAI mulls dropping profit restrictions ahead of $100 billion valuation push

OpenAI is considering significant changes to its business model as it gears up for a new investment round that could push its valuation beyond $100 billion, the Financial Times reported on Aug. 30, citing insiders familiar with the matter. дальше »

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UK’s ambitions for crypto hub status falter amid regulatory roadblocks

Crypto firms are increasingly turning away from the UK, citing burdensome and time-consuming regulatory processes as a key factor, the Financial Times reported, citing law firm Reed Smith. Registrations for crypto asset exchanges and custodian wallet providers with the UK’s Financial Conduct Authority (FCA) have plummeted by more than 50% in the past three years, […] The post UK’s ambitions for crypto hub status falter amid regulatory roadblocks appeared first on CryptoSlate. дальше »

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DeFi network Radix team cuts 15% of staff, citing need to ‘refocus’

Piers Ridyard, the CEO of RDX Works, said the cuts are part of a “more comprehensive set of changes that need to be made.” 

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Steve Hanke Calls Crypto Owners Psychopaths, Citing New Research

Crypto critic Steve Hanke takes big dig at crypto investors based on recent Canadian research дальше »

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Hong Kong Regulator Finds 'Unsatisfactory Practices' at Some Crypto Entities Seeking Full License: Report

Hong Kong's Securities and Futures Commission (SFC) has found "unsatisfactory practices" at "some" of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections, Bloomberg reported on Thursday citing people familiar with the situation. дальше »

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SEC Reportedly Halts Solana ETF Approval Amid Ongoing Security Classification Debate

The U.S. Securities and Exchange Commission (SEC) has halted the approval process for Solana (SOL) spot exchange-traded funds (ETFs), citing ongoing concerns about the crypto's classification as a security.  дальше »

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US trustee challenges FTX reorganization plan, citing legal concerns

The objections raised by the US trustee and the creditor group are likely to play a significant role in the court’s deliberations. дальше »

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Tether Opts Out of Blockchain Race Citing Market Saturation

Tether avoids blockchain creation, viewing blockchains as commodities. The company focuses on security and expansion into AI, biotech, and telecoms. The post Tether Opts Out of Blockchain Race Citing Market Saturation appeared first on BeInCrypto. дальше »

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Vitalik Buterin says Ethereum’s fundamentals have become ‘crazy strong’

Vitalik Buterin said that the series of critical developments in Ethereum’s (ETH) ecosystem in recent months have made the network’s fundamentals “crazy strong.” Buterin made the statement in response to claims that Ethereum has “weakened a lot” during this market cycle, countering the narrative by citing a series of recent advancements and achievements within the […] The post Vitalik Buterin says Ethereum’s fundamentals have become ‘crazy strong’ appeared first on CryptoSlate. дальше »

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Taiwanese court convicts spies paid in crypto by China

Taiwan’s high court convicted eight people of espionage for China, revealing that crypto was used to facilitate payments in one of the most prominent spying cases in recent years. Bloomberg reports, citing Taiwan’s Ministry of Justice’s Investigation Bureau, that Chinese… дальше »

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Another Crypto 'Fraudster' Arrested in Montenegro, Where Do Kwon Awaits Extradition: Reports

Polish national Roman Ziemian, the co-founder of digital currency trading platform FutureNet who allegedly defrauded users out of around $21 million has been detained in Montenegro, according to multiple reports citing an announcement from the nation's police. дальше »

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Senate insiders claim Harris eyeing Gensler for Treasury as DNC skips adding Bitcoin in platform

Vice President Kamala Harris is considering nominating SEC chair Gary Gensler as Treasury Secretary under her administration if elected president, the Washington Reporter reported on Aug. 19, citing “multiple senior Senate staffers. дальше »

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Cardano Price Goes Above $5? — Historical Data Reveals Interesting ADA Trajectory

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Trading Veteran Predicts Ethereum Will Drop to $1,651

Peter Brandt predicts Ethereum (ETH) could fall 36% to $1,680, citing bearish technical patterns. He has taken a short position with a $1,651 target. The post Trading Veteran Predicts Ethereum Will Drop to $1,651 appeared first on BeInCrypto. дальше »

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MicroStrategy's Michael Saylor on Bitcoin: 'Unlock your future'

Saylor remains bullish on Bitcoin, citing its volatility as a valuable feature. MicroStrategy holds 226,500 BTC, reflecting strong corporate commitment despite market skepticism. After dippiThe post MicroStrategy's Michael Saylor on Bitcoin: 'Unlock your future' appeared first on AMBCrypto. дальше »

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Crypto at risk of macro pressure with no catalysts, says Coinbase

Analysts at Coinbase Research predict macro pressures will dominate the crypto market in the next few weeks, citing a lack of specific catalysts. The crypto market appears to be highly concentrated on macroeconomic events, according to a recent report from… дальше »

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Bybit announces France exit citing regulatory developments

Bybit is winding down its services in France, with the crypto exchange citing recent regulatory developments for the decision. The crypto exchange, which ranks among the world’s leading crypto exchanges and trading platforms by volume, also released a timeline of when the services and products will be unavailable to its users in the country. “In […] дальше »

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Bybit winds down services in France as regulatory pressure mounts

The Bybit crypto exchange is shutting down its services for users in France, citing regulatory developments as the reason behind the move. Bybit, one of the world’s largest cryptocurrency exchanges by trading volume, has announced it will cease its services… дальше »

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Azerbaijan’s central bank holds back on CBDC over monetary policy concerns

Azerbaijan is taking a cautious approach to the development of a central bank digital currency, citing concerns over monetary policy and financial stability. The Central Bank of Azerbaijan hasn’t made plans to issue a central bank digital currency at this… дальше »

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Bernstein says Kamala Harris’ pivot on crypto unlikely to sway voters

Vice President Kamala Harris’ latest pivot to align with the crypto industry is unlikely to sway the crucial voter base in the upcoming US presidential election, Benzinga reported July 30, citing Bernstein analysts. дальше »

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DraftKings Dumps NFT Business, Citing Legal Developments

The sports gambling company faces a class action lawsuit alleging its NFTs are securities. дальше »

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WisdomTree CEO believes regulatory clarity under Trump will make Bitcoin ‘mainstream’

WisdomTree CEO Jonathan Steinberg believes that Bitcoin and crypto are on the brink of “mainstream” adoption and will achieve that status within the next few years. Steinberg expressed his conviction during a July 29 CNBC interview, citing regulatory clarity, the emergence of publicly traded crypto funds, and the tokenization of real-world assets (RWAs) as the […] The post WisdomTree CEO believes regulatory clarity under Trump will make Bitcoin ‘mainstream’ appeared first on CryptoSlate. дальше »

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YouTuber Predicts XRP Price to ‘Explode’ as Altcoin Season Looms

ExtraVOD, a top crypto analyst, has issued a “Red Alert” for XRP in a YouTube video analysis. The content creator suggests XRP is at a critical juncture, poised for a price movement. Moreover, the analyst leans towards predicting a substantial price increase rather than a decline, citing current market conditions and technical indicators. дальше »

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Sen. Warren warns of ‘national security risks’ with foreign-owned crypto mining firms

Senator Elizabeth Warren has warned a senate committee that crypto-mining farms owned by foreign entities pose a serious risk to national security. Citing data from a “blockchain analytics farm,” the senator highlighted that “one third” of the mining facilities operating… дальше »

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Cash App to shut down in the UK, citing focus on US market

Block's decision to shut down Cash App in the UK underscores the complexities fintech firms face in balancing global ambitions with market-specific strategies. The post Cash App to shut down in the UK, citing focus on US market appeared first on Crypto Briefing. дальше »

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Deutsche Boerse-backed Eurex adds support for Ethereum to crypto derivatives list

German derivatives exchange Eurex has announced the expansion of its portfolio, listing Ethereum-based futures and options index. Eurex Exchange, a German derivatives exchange known for trading European-based derivatives, has announced the listing of Ethereum-based index products, citing a “significant trading… дальше »

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TradFi giant State Street looking to launch stablecoin, tokenized deposits

TradFi giant State Street Corp. is considering launching its own stablecoin and tokenized deposits in a bid to enhance its payment settlement capabilities using blockchain technology, Bloomberg News reported on July 17, citing sources familiar with the matter. дальше »

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a16z co-founders endorse Trump, citing crypto and AI policy concerns

The endorsement highlights growing tech industry discontent with current regulatory policies, potentially influencing future innovation and political dynamics. The post a16z co-founders endorse Trump, citing crypto and AI policy concerns appeared first on Crypto Briefing. дальше »

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Ripple And Long-Term Partner Tranglo Break Up, What Happened?

Ripple Labs has reportedly divested its stake in Tranglo, a Malaysia-based payment firm that leverages XRP for international transactions. This development was first brought to light by Crypto Eri, a prominent member of the XRP community, in a post on X from Monday, citing updates from Crunchbase. дальше »

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Bloomberg analyst confirms Ethereum ETFs set to launch next week

The Securities and Exchange Commission (SEC) is anticipated to approve the spot Ethereum exchange-traded funds (ETFs) next week, with trading expected to begin on July 23, Bloomberg senior ETF analyst Eric Balchunas reported on July 15, citing industry sources. дальше »

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South Korea moves to delay crypto tax until 2028 amid market concerns

South Korean lawmakers have proposed a bill to delay the implementation of crypto gain tax until 2028. The ruling political party proposed the bill on July 12, citing the current negative sentiments around the crypto industry as the reason for the extension. дальше »

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Memecoins, Galaxy Fox to benefit from Solana’s $1M bug bounty

Galaxy Fox, a play-to-earn game, opts for Ethereum's robust smart contracts platform, citing its 100% uptime and global transaction processing. #partnercontent дальше »

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CFTC vs SEC: Bitcoin, Ethereum, and 80% of crypto not securities?

70%-80% of BTC and ETH commodities are non Securities CFTC clarifies CFTC chairman citing Illinois court argues CTFC have regulatory and oversight authority over digital assets. Over the lasThe post CFTC vs SEC: Bitcoin, Ethereum, and 80% of crypto not securities? appeared first on AMBCrypto. дальше »

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German government moves $895 million in BTC; crypto exec calls dump “overestimated”

Germany transfers $895m in Bitcoin to exchanges. CryptoQuant CEO downplays impact, citing only 4% of total realized value since 2023. The post German government moves $895 million in BTC; crypto exec calls dump “overestimated” appeared first on Crypto Briefing. дальше »

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Messari CEO declares independence, wages regulatory war on ‘illegitimate’ SEC

Messari, a leading US-based crypto market intelligence platform, has declared independence from the Securities and Exchange Commission (SEC), citing the regulator’s stringent approach to the emerging industry. дальше »

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North Carolina Governor Vetoes Bill Blocking Federal CBDCs

North Carolina Governor Roy Cooper vetoed a bill banning CBDC, citing its vagueness and urging focus on existing cybersecurity threats. The post North Carolina Governor Vetoes Bill Blocking Federal CBDCs appeared first on BeInCrypto. дальше »

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Russia contemplating permanently legalizing stablecoins for cross-border payments

The Russian government is contemplating the official legalization of stablecoins for international transactions to simplify cross-border payments for Russian companies amid ongoing sanctions, Izvestia reported on July 3, citing the Russian central bank. дальше »

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