Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank
The popular fintech bank Silvergate Bank lost five crypto partners on March 2, owing to a slew of investigations and lawsuits against it. Coinbase, Paxos,...
UAE free zone to explore Bitcoin payments for services, lawyer says
Ras Al Khaimah’s recently announced free zone for virtual asset firms will explore accepting crypto payments from companies looking into setting up their businesses in...
US lawmakers argue SEC accounting policy places crypto customers at risk
Two United States lawmakers have criticized crypto accounting guidelines outlined by the national securities regulator, arguing they places crypto customers at greater risk of loss.The...
Binance USD market cap falls below $10B amid rising regulatory concerns
Binance USD (BUSD) market cap has fallen below $10 billion for the first time in almost two years amid a United States regulatory crackdown on...
Celsius Custody customers finally begin withdrawals 263 days after freeze
Some Celsius customers have reported being able to withdraw funds from the bankrupt crypto firm for the first time, some 263 days after the lender...
$3M OKX airdrop, 1 hour due diligence on 3AC, Binance AI — Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments. OKX airdrop after token trading fiasco On Mar. 1, cryptocurrency exchange...
SEC chair implies crypto exchanges may not be ‘qualified custodians’ as new rule is drafted
United States Securities and Exchange Commission Chair Gary Gensler spoke at a meeting of the commission’s Investor Advisory Committee on March 2 on the topic...
UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report
United Kingdom banks HSBC Holdings and Nationwide Building Society are banning cryptocurrency purchases via credit cards for retail customers. They join a growing list of...
Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets
Three United States senators led by Elizabeth Warren have sent a letter to Binance CEO Changpeng “CZ” Zhao and Binance.US CEO Brian Shroder expressing concern...
US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers
Two United States senators have penned a letter asking Meta CEO Mark Zuckerberg to halt a plan to allow young adults to access the firm’s...