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Political Donations Hits Record $91M of Crypto Pre 2024 Election
18.5.2024
Crypto industry donors have poured $94 million into federal political committees since 2023 in an effort to support pro-crypto governance.
The post Political Donations Hits Record $91M of Crypto Pre 2024 Election appeared first on Cryptonews
Turkey Drafts Crypto Bills To Align With International Standards
17.5.2024
The crypto law that was presented by Abdullah Güler, the group chairperson of the political group AK Party, on May 16 would significantly regulate the cryptocurrency business in compliance with global norms.
The post Turkey Drafts Crypto Bills To Align With International Standards appeared first...
Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217
17.5.2024
Bank of America (BAC) has upgraded its rating on Coinbase (COIN) shares from underperforming to neutral.
The post Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217 appeared first on Cryptonews
Oklahoma Enacts Bill Safeguarding Residents’ Right to Self-Custody Digital Assets
17.5.2024
Oklahoma has passed a bill aimed at protecting the rights of its residents to self-custody their digital assets.
The post Oklahoma Enacts Bill Safeguarding Residents’ Right to Self-Custody Digital Assets appeared first on Cryptonews
Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing
17.5.2024
Sam Trabucco, the once co-CEO of Alameda Research, has spoken out in support of FTX executive, Ryan Salame, ahead of his sentencing on May 28, an updated court filing reveals. Salame has largely kept out of the spotlight since FTX's collapse and is facing a maximum of 10 years in prison for...
Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments
17.5.2024
The e-CNY, also referred to as the digital yuan, is China's state-backed digital currency, and users can now open digital wallets and store it outside of mainland China in Hong Kong.
The post Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments appeared first on Cryptonews
Institutions Will Require Data Management Tools For Digital Asset Adoption
17.5.2024
Institutions adopting digital assets will require data management tools to ensure transparency and risk assessment.
The post Institutions Will Require Data Management Tools For Digital Asset Adoption appeared first on Cryptonews
Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court
17.5.2024
Tigran Gambaryan, the Binance executive detained in Nigeria, has been denied bail on his 40th birthday, according to a court hearing in Abuja Friday. News of Gambaryan's court appearance comes shortly after Binance CEO Richard Teng alleged Nigerian government officials offered the crypto exchange...
Reddit Stock Price Jumps After OpenAI Data-Sharing Deal
17.5.2024
Social media firm Reddit's stock rose 13.5% after a data-sharing deal with OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT.
The post Reddit Stock Price Jumps After OpenAI Data-Sharing Deal appeared first on Cryptonews
SKUx and Visa partner to boost merchant and CPG digital transformation
17.5.2024
SKUx inks an exclusive deal with Visa to expedite digital transformation for specific business houses and FMCG firms. These organizations employ SKUx’s payment-focused services to support a variety of consumer use cases. These include client intake, loyalty issues, and a whole lot more. SKUx...
Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In
17.5.2024
Donald Trump's recent pro-crypto stance is seen as opportunistic by some, aligning with crypto entrepreneurs against stifling innovation.
The post Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In appeared first on Cryptonews
SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems
17.5.2024
SWIFT China President Wen Yang discusses the challenges and solutions for cross-border CBDC interoperability and initiatives to bridge the technological gaps between different CBDC systems.
The post SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems appeared first on Cryptonews
DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi
17.5.2024
The Depository Trust and Clearing Corporation (DTCC) has partnered with blockchain oracle Chainlink to conclude a pilot program involving several major banking firms in the United States.
The post DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi...
South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring
17.5.2024
South Korean police have arrested 34 people in a raid on a suspected crypto-powered drugs smuggling ring, officers announced on May 16.
The post South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring appeared first on Cryptonews
Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App
16.5.2024
Tether Operations Limited, the largest entity in the digital asset ecosystem, announced a strategic partnership with Oobit, a mobile payment app, and the TON Foundation on May 16.
The post Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App appeared first on Cryptonews
Mastercard’s Start Path Welcomes Five Startups to Develop Blockchain Use Cases
16.5.2024
Mastercard has announced the selection of five startups to participate in its Start Path blockchain and digital assets program, which seeks to foster innovation in blockchain technology and digital asset utilization.
The post Mastercard’s Start Path Welcomes Five Startups to Develop...
India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban
16.5.2024
The Securities and Exchange Board of India (SEBI) has proposed a multi-regulator approach to oversee cryptocurrency trading. In contrast, the Reserve Bank of India (RBI) seeks a stablecoin ban.
The post India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban appeared first...
ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul
16.5.2024
The Shiba Inu ecosystem's decentralized exchange, ShibaSwap, has successfully transitioned to the Shibarium blockchain, introducing many new features and enhancements, including improved SHIB burns.
The post ShibaSwap Upgrades to Shibarium Blockchain in Major Overhaul appeared first on Cryptonews
MMO Combat Game MetalCore Joins $2.4 Billion Universal Gaming Ecosystem Portal
16.5.2024
MetalCore and Portal said that creating a consolidated ecosystem eliminates onboarding barriers, opening doors to millions of new users.
The post MMO Combat Game MetalCore Joins $2.4 Billion Universal Gaming Ecosystem Portal appeared first on Cryptonews
China Police Uncover $2B USDT Underground Banking Operation
16.5.2024
Chinese police have uncovered a $1.9 billion USDT underground banking operation going against Chinese crypto bans.
The post China Police Uncover $2B USDT Underground Banking Operation appeared first on Cryptonews