July 5, 2023

OPNX launches ‘oUSD’ credit currency for crypto margin trading

The new “credit currency” will allow users to rely on cryptocurrencies as collateral without needing to obtain loans from other institutions.   OPNX, a crypto futures […]
July 5, 2023

Music with AI elements can win a Grammy, Recording Academy CEO says

The CEO of the Recording Academy, known for its yearly Grammy awards, reportedly clarified that music with AI-created elements is eligible for award nominations.   The […]
July 5, 2023

India negotiates cross-border CBDC payments with global central banks

The CBDC aims to enhance the country’s potential for foreign trade with nations that lack U.S. dollar reserves.   The Reserve Bank of India (RBI) is […]
July 5, 2023

Denmark orders Saxo Bank to erase cryptocurrency holdings

DFSA’s decision about Saxo Bank’s crypto holdings will have a “very limited impact” on its business and its customers will not experience any significant changes, the […]
July 5, 2023

Crypto-friendly DBS Bank launches digital yuan payment tool

Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen.   DBS Bank China has announced the launch […]
July 5, 2023

Clarity needed on crypto lending regulations – UK Law Commission

The Law Commission’s recommendations highlight the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations.   The lawyer leading the United Kingdom’s Law […]
July 5, 2023

Binance halts deposit and withdrawal support for some Multichain-bridged tokens

The decision impacts users utilizing bridged tokens on networks such as BNB Smart Chain, Fantom, Ethereum and Avalanche.   Binance, the popular cryptocurrency exchange, has recently […]
July 4, 2023

Winklevoss slams DCG’s Silbert — not even SBF was ‘capable of such delusion’

In an open letter, Cameron Winklevoss slammed DCG’s Barry Silbert for allegedly playing the victim card while owing $1.2 billion to Gemini’s 232,000 Earn customers.   […]
July 4, 2023

Venture capital’s ICO gambits left Bitcoin ecosystem underfunded – Adam Back

Venture capitalists have favoured ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors.   According to Blockstream CEO Adam Back, initial coin […]
July 4, 2023

US crypto regulatory uncertainty could be Hong Kong’s gain – Yat Siu

Animoca Brands founder Yat Siu believes Hong Kong’s efforts to foster the Web3 ecosystem are in stark contrast to regulatory uncertainty hampering development in the United […]

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