Coinbase submits petition to explain to SEC that staking is not securities
United States-based crypto exchange Coinbase decided to communicate proactively on the topic of crypto staking, which had recently gained regulators’ attention. In its petition to...
US exploring ways to guarantee the country’s 18T of bank deposits: Report
U.S. officials are reportedly studying ways to expand the current scope of deposit insurance that would guarantee all U.S. bank deposits should the current banking...
Crypto.com customer accused of $7M spending spree granted bail
The Crypto.com customer who was accidentally sent $6.95 million from the exchange in 2021 and then allegedly went on a spending spree has been granted bail in...
IMF examines CBDC design in context of Islamic banking, finds some risks magnified
A central bank digital currency (CBDC) can impact monetary policy by increasing money velocity, disintermediation, volatility of bank reserves, currency substitution and altered capital flows,...
Polygon and Immutable partner to boost Web3 gaming
Polygon Labs and Immutable are eyeing faster and seamless onboarding of Web3 game developers and users. The launch of a zkEVM powered platform for studios...
In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.
A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling...
Bitcoin is only 90 days away from hitting $1.0 million: Pro
Former Coinbase CTO says Bitcoin will hit $1.0 million by June 17th. Custodia Bank founder dubs BTC an insurance policy; a scarce asset. Bitcoin is...
Investors shelter in short-term Treasuries, reducing Bitcoin’s chance of rallying to $30K
The price of Bitcoin (BTC) surpassed $28,000 on March 21, but according to two derivatives metrics, traders aren't very ecstatic after a 36% gain in...
Belgian FSMA surveys crypto investors before taking on new ad regulation authority
The Belgian Financial Services and Markets Authority (FSMA) will have new powers to supervise virtual currency advertising when a new regulation comes into force on...
OKB price dips: OKX to cease operations in Canada
OKX will cease operation in Canada in June 2023. The exchange has already sent an off-boarding message sent to Canadian OKX users. Canadians will not...