August 15, 2023 Binance seeks protection from ‘overbroad’ SEC information requests BAM Trading, Binance U.S.’s operating company, and BAM Management sought a protective order against the U.S. Securities and Exchange Commission’s (SEC) “troubling and inappropriate”…
August 15, 2023 Singapore pushes into crypto regulation with stablecoin framework The central bank would label these crypto tokens as MAS-regulated stablecoins. This way users would be able to distinguish these coins from non-regulated stablecoins….
August 15, 2023 Bitcoin Depot Q2 revenue jumps 18% y/y as it plans ATM adds after NASDAQ listing Bitcoin Depot records $197.5 million in revenue in the second quarter for 2023 spurred on by partnerships with various American retail stores. United States…
August 15, 2023 New Zealand crypto exchange Dasset enters liquidation Customers of Auckland-headquartered crypto exchange are denied access to their funds. Customers of Auckland-headquartered crypto exchange, Dasset, are denied access to their funds, the…
August 15, 2023 Bitcoin Prediction: Crypto Analyst Forecasts New ATH by 2024 – Can It Happen? On August 14, Kevin Kelly, Co-founder of prominent crypto research firm Delphi Digital provided some interesting insights on Bitcoin and the crypto market in…
August 15, 2023 Crypto fund inflows improve as positive sentiment returns Amid U.S. inflation data, digital asset investment products record inflows. Bitcoin’s inflows represented 93% of all inflows registered. Digital asset investment products recorded inflows…
August 15, 2023 Singapore central bank says three business days is ‘timely transfer’ for stablecoins Redemptions of MAS-regulated single-currency stablecoins will have a longer grace period which is five business days despite some arguing that it should be done…
August 15, 2023 Las Vegas-based crypto custodian Prime Trust files for bankruptcy In June, the Nevada regulator announced its plan to take over the firm, alleging Prime Trust was nearly insolvent. The firm will continue to function…
August 15, 2023 Up to $500M in liabilities as crypto custodian Prime Trust files Chapter 11 bankruptcy Prime Trust, LLC, a prominent player in digital asset custody, has filed voluntary petitions for Chapter 11 bankruptcy. According to a report released by…
August 15, 2023 What are crypto-backed mortgages, and how do they work? Crypto-backed mortgages involve using cryptocurrency holdings as collateral to secure loans, offering benefits like access to liquidity without selling assets. Risks concerned with crypto-backed…