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Crypto Exchange Binance Ends Some Services in Singapore to Comply With Regulation
27.9.2021
Binance is terminating some services in Singapore, including fiat deposit services and spot trading of cryptocurrencies, to comply with the country’s regulations. The exchange has already ceased trading in Singapore dollars. Binance Scaling Down Services in Singapore Cryptocurrency exchange...
Binance blocks fiat deposits and spot crypto trading for Singapore users
27.9.2021
The crypto exchange giant has announced further restrictions to its operations in Singapore amid regulatory scrutiny
Last-gasp Negotiations Fail as All But 4 S Korean Crypto Exchanges Frozen out of Fiat Markets
24.9.2021
offering crypto-to-crypto-only services.This means that only the “big four” exchanges – Upbit, Korbit, Coinone, and Bithumb – who have already
BUSD: A case study for stablecoin compliance and security
23.9.2021
Are stablecoins really stable? An in-depth case study based on the third-biggest stablecoin in the world answers the industry’s most pressing concerns
New decentralized stablecoin in China targets international trade
23.9.2021
Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan
Central Bank of Ukraine Supports Crypto Industry, Fears Cryptocurrency
23.9.2021
The National Bank of Ukraine recognizes the benefits of endorsing crypto innovations but also fears cryptocurrencies could gain ground on the national fiat. Announcing its monetary policy guidelines for the near future, the regulator noted it’s going to defend the status of the hryvnia...
HSBC CEO backs CBDCs against crypto and stablecoins
22.9.2021
Banking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level
Central bank of Ukraine to promote ‘fair’ Bitcoin regulation
21.9.2021
Crypto doesn’t pose a big risk for the financial system until it’s adopted enough to be less volatile, the NBU said
New Crypto Aims to Solve ‘Zimbabwe’s Money Problems Using Blockchain Technology’
21.9.2021
The Zimbabwean currency’s collapse in 2008 and record hyperinflation are widely seen as textbook examples of what can go wrong with a centralized currency. For instance, some cryptocurrency enthusiasts — as well as opponents of the fiat currency system in general — have...
Central Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform
16.9.2021
The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of the prospective digital...
Ground Reports Concerning Salvadoran Bitcoin Law Highlight False Narrative Painted by Influencers
15.9.2021
On Tuesday, Bitcoin.com News spoke with Marc Falzon, an individual who has been documenting the bitcoin rollout in El Salvador since the law was implemented on September 7. Falzon says that there are a number of issues that no one is talking about in regard to the bitcoin law and the Chivo wallet...
Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists
15.9.2021
Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by...
Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document
15.9.2021
The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent Russians from using...
Larger S Korean Crypto Exchanges Announce ‘Temporary’ End of Fiat Trading
15.9.2021
agement system (ISMS) certification if they are to continue offering crypto-to-crypto trading. But if they want to offer fiat KRW pairings,
As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise
14.9.2021
Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped...
BitYard Has Partnered With Banxa to Expand Fiat Money Deposit Methods Supporting Major Currencies
13.9.2021
PRESS RELEASE. BitYard, a Singapore-based cryptocurrency derivatives exchange, is continuously improving its trading services in response to the changing needs of global investors. Recently, the exchange has partnered with Banxa, the world-leading payment service provider (PSP) for the digital...
Ethair Market Is Taking on Amazon and eBay in a Move to Revolutionize the World of E-Commerce
8.9.2021
Ethair Market is a next generation online global marketplace where you can trade goods using fiat or cryptocurrency and earn points on every purchase. The marketplace is soon to be launched in the U.S. and Canada, with fiat payments support lined up for 43 more countries. You can earn ETHR tokens...
Russia not ready to accept Bitcoin as legal tender, says Kremlin
7.9.2021
The Russian government keeps insisting that payments in cryptocurrencies like Bitcoin would ruin its financial system
Ethereum Fraudster Sentenced to 2.5 Years Behind Bars
6.9.2021
://www.ksilbo.co.kr/news/articleView.html?idxno=912076">and the Kyoungsang Ilbo, a court in the South Eastern port city of Ulsan heard that the fraudster, named by the media as “A” for legal reasons, collected payments of ETH 15 (worth around USD 59,000 today) and over USD 10,000 worth of fiat f
Bitcoin Quickly Jumps Above the $52K Zone Only to Get Pushed Back, Crypto Economy Climbs 3.5%
6.9.2021
Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it has gained 3.5% during the last 24 hours. Meanwhile, bitcoin charts show a pending golden crossover...