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September 18, 2023
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Published by Victoria Kyle at September 18, 2023
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South Korea focuses on OTC crypto regulations as unlawful deals reach $4B

According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using digital currency was estimated to be worth $4 billion last […]
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September 18, 2023
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Published by Victoria Kyle at September 18, 2023
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Scaramucci leads bidding for Silicon Valley Bank VC arm: Report

Anthony Scaramucci’s SkyBridge Capital is among the asset management firms leading the bids for Silicon Valley Bank’s venture capital arm, with a sale expected in the […]
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September 18, 2023
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Published by Victoria Kyle at September 18, 2023
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Kazakhstan establishes regulatory agency to implement CBDC

The National Payment Corporation will be responsible for the development of “digital financial infrastructure,” including the implementation of the digital tenge.   The National Bank of […]
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September 18, 2023
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Published by Victoria Kyle at September 18, 2023
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JPEX blames partners for ‘maliciously’ freezing funds, causing liquidity crisis

Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds, which led to the exchange being forced to hike withdrawal […]
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September 18, 2023
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Published by Victoria Kyle at September 18, 2023
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Crypto influencer arrested in Hong Kong for JPEX association

Hong Kong police reportedly arrested crypto influencer Joseph Lam (Lin Zuo), who goes by the username “jolamchok” on Instagram, for his association with crypto exchange JPEX. […]
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September 15, 2023
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Published by Victoria Kyle at September 15, 2023
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Decentralized stablecoins could dominate crypto: MakerDAO founder

MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins.   Rune Christensen, co-founder of MakerDAO, believes […]
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September 15, 2023
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Published by Victoria Kyle at September 15, 2023
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Crypto market outflows reached $55B in August as liquidity dwindled — Bitfinex

Crypto’s liquidity crunch could allow event-based volatility to have a greater impact on prices, according to a recent analysis from Bitfinex.   In August, the crypto […]
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September 15, 2023
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Published by Victoria Kyle at September 15, 2023
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Bitcoin clean energy usage reportedly exceeds 50% — will Tesla start accepting BTC payments?

A Bloomberg analyst reported the percentage of energy used for Bitcoin mining coming from renewable sources had exceeded 50% due in part to miners fleeing China’s […]
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September 14, 2023
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Published by Victoria Kyle at September 14, 2023
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Coinbase CEO Champions DeFi, calls for court action to set legal precedent

Coinbase CEO Brian Armstrong cautioned the United States Commodities and Futures Trading Commission to avoid taking enforcement actions against DeFi protocols.   The world of artificial […]
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September 14, 2023
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Published by Victoria Kyle at September 14, 2023
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Brazil: Senate Commission will analyze the AI bill in 120 days

The bill, aimed at regulating the artificial intelligence in the country, was introduced to the Senate in December 2022.   Brazil is taking steps towards regulating […]
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