Paxos gains approval for Singapore stablecoin launch with DBS partnership
Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch.
Posts published by Cointelegraph.com News 204/647
Low Bitcoin and Ethereum fees may not necessarily be good news
Bitcoin and Ethereum users are experiencing exceptionally low fees, but why?
German gov’t transfers another $52M in Bitcoin, threatening more BTC selling pressure
Repeated Bitcoin transfers to centralized exchanges suggest the government plans to sell its $2.75 billion in BTC holdings.
No, Denmark did not propose to ban self-custody wallets
The Danish Financial Supervisory Authority said the exemption of self-custodial wallets from MiCA doesn’t mean such wallets should be banned.
Singapore ups crypto exchanges risk factor in update to AML/CFT laws
The update aims to prevent terrorist groups and organizations from exploiting Singapore’s economic openness as an international financial, business and transport hub.
SEC vs. Binance: Court rules BNB sales, cryptocurrencies not securities
In a major win for the crypto industry, a federal court ruled that cryptocurrency tokens themselves are not securities.
ASI token merger phase 1 results in delisting of AGIX, OCEAN
The initial phase of the ASI token merger sees AGIX and OCEAN tokens integrate into Fetch.ai’s FET, with limited exchange support.
Bitcoin ETF inflows highest in a month as Bitcoin hovers near $63K
BlackRock’s iShares Bitcoin Trust and the Grayscale Bitcoin Trust — the two largest spot Bitcoin ETFs by net asset value — saw zero flows on Monday.
Binance.US ‘prepared’ for SEC legal showdown
Binance.US is gearing up for an extended legal battle with the SEC, emphasizing its commitment to compliance and criticizing the agency’s enforcement tactics.
Cardano updates MiCA compliance indicators 6 months ahead of the curve
The Cardano Foundation and CCRI release MiCA-compliant sustainability indicators in an effort to position Cardano ahead of the regulatory curve with a focus on energy efficiency and transparency.
Commissioner Mark Uyeda calls SEC’s approach to crypto filings ‘problematic’
Tucked away in a footnote as part of a recent statement, the SEC commissioner said his agency’s current approach to crypto does not aid capital formation or protect investors.
Crypto ‘relief rally’ may be just beginning with sellers exhausted
The crypto market could bounce back this month after a rocky June, with stablecoin outflow from exchanges showing slowing selling pressure.
Bitcoin miner Northern Data mulls IPO for its AI unit: Report
Northern Data is considering listing its cloud computing and data center business under two separate entities on the Nasdaq in the first half of 2025.
Bahamas wants to force banks to support its ‘Sand dollar’ CBDC
The Bahamas was one of the first countries in the world to launch a central bank digital currency — the “Sand Dollar” in 2020 — and is now looking for ways to boost its adoption.
Polkadot’s treasury has $245M with 2 years of runway
The blockchain’s revenue declined over the first half of 2024, and its head ambassador has called for its token’s inflation rate to be lowered.
Robinhood users are getting AI tools to help them trade
Robinhood has acquired Pluto Capital, an AI powered investment research firm.
Roaring Kitty GME class action lawsuit dropped after 3 days
A GameStop investor who accused Roaring Kitty of committing securities fraud has voluntarily dropped the complaint "without prejudice" meaning he can file another similar lawsuit again in the future.
Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase.
Bitcoin hashrate drawdown reaches December 2022 levels
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities.
SEC files lawsuit against FTX-linked bank, alleging fraud
Enforcement director Gurbir Grewal said Silvergate allegedly “failed to detect nearly $9 billion in suspicious transfers among FTX and its related entities.”
Ether investment products record largest outflows since 2022
Large outflows from Ether funds contrast with movements seen in Bitcoin and other cryptocurrencies.
Experts say latest SCOTUS opinions will limit SEC power over crypto
The conservative members of the U.S. Supreme Court sided with two majority opinions that could have lasting implications for federal agencies to enforce laws.
Price analysis 7/1: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin and the wider crypto market have historically rallied in July, but traders are worried that the Mt. Gox repayments could impact the strength of this trend.
EU MiCA stablecoin regulations come into effect: Law Decoded
Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets.
3 reasons why Bitcoin (BTC) is up today
Weak tech corporate earnings, spot Bitcoin ETF inflows and the potential arrival of a new major investor drove Bitcoin price above $63,000.
Circle becomes first licensed stablecoin issuer under MiCA
Circle’s USDC and EURC stablecoins become the first fully compliant digital fiat tokens under the Markets in Crypto-Assets rules.
Aptos seeks Aave community support for non-EVM integration
The Aptos Foundation has proposed the first deployment of Aave Protocol v3 on a non-EVM blockchain.
Coinbase will custody digital assets for US Marshals Service
The crypto exchange said the federal agency had selected its institutional investing arm “to provide custody and advanced trading services” for large-cap digital assets.
Worldcoin: Unlocking the future of digital identity with proof of personhood
This episode of Decentralize with Cointelegraph explores how Worldcoin is pioneering the future of digital identity through its innovative use of biometric orbs and the revolutionary proof of personhood concept.
WhatsApp and Signal survive EU chat control bill — For now
EU legislators have dropped plans to scan messaging apps, but privacy advocates can’t celebrate just yet.