OPNX launches ‘oUSD’ credit currency for crypto margin trading
Crypto futures exchange OPNX has launched a credit currency for margin trading, according to a July 5 statement made to Cointelegraph from the exchange’s co-founder,...
Crypto prices rising and sentiment flipping but liquidity & macro picture are ominous
Key Takeaways Crypto prices are rising sharply, with Bitcoin up 20% in the last three weeks The filing of a number of high-profile Bitcoin ETFs...
Denmark orders Saxo Bank to erase cryptocurrency holdings
Financial regulators in Denmark are coming after cryptocurrency service providers, declaring that local banks are not allowed to hold cryptocurrency to hedge against trading risks.On...
US reportedly plans to restrict China’s access to cloud computing services
Officials in the United States are considering restricting China’s access to cloud computing services in an effort to safeguard the country’s advanced technology, according to...
UAE free zone teams up with HBAR Foundation to support Web3 startups
RAK Digital Assets Oasis (RAK DAO), a free zone in the United Arab Emirates dedicated to crypto companies, has signed a memorandum of understanding (MOU)...
Binance suspends transfers for Multichain-bridged tokens
Binance will cease deposit and withdrawals support for Multichain-bridged tokens Polkastarter (POLS), Alchemy Pay (ACH), Alpaca Finance (ALPACA) and Travala (AVA. The tokens are minted...
AAVE hikes as holders vote on converting 1,600ETH into rETH and wstETH
Aave holders are voting on a governance proposal to convert 1,600 ether (ETH) to wstETH and rETH. Aave currently earns a yield of 1.69% from...
India negotiates cross-border CBDC payments with global central banks
The Reserve Bank of India (RBI) is currently in discussions with its counterparts from at least 18 other countries on the possibility of cross-border payments...
Clarity needed on crypto lending regulations — UK Law Commission
A lawyer leading the United Kingdom’s Law Commission’s review of the application of British laws toward digital assets has stressed the need for further clarity...
Singapore bank DBS allows e-CNY settlements
The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank...