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Coins of War: How Crypto Keeps Feeding Russia's War Despite Sanctions
13.2.2023
Russian troops in Ukraine receive millions in crypto donations, despite international sanctions. CoinDesk investigates how these funds are flowing and talks to fundraisers
Crypto Payments Firm Wirex and Visa Expand Partnership to 40 Countries
13.2.2023
Cryptocurrency payments app Wirex has signed a long-term global partnership with Visa that will see the partnership expand its footprint to 40 countries
First Mover Americas: Paxos Acts on SEC Threat
13.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
France to Tighten Crypto Registration Rules Next January
13.2.2023
The plan, set to be rubber-stamped by the National Assembly and Senate, veers away from a more onerous proposal to require a license as of October
BUSD Depegs From Rival Stablecoin Tether After US Regulator Tells Paxos to Stop Minting New Tokens
13.2.2023
Traders seem to be migrating from Paxos' BUSD stablecoin to tether
Binance Says BUSD ‘Funds are Safu’, but a Regulatory Cloud is Forming Over the U.S.
13.2.2023
February has been a great month for the narrative that crypto’s natural home is in Asia
Fifth-Largest Holder of Polygon Tokens Is Little-Known Chinese Crypto Project
13.2.2023
Chinese cryptocurrency staking project Avatar has become the fifth-largest holder of polygon (MATIC), accumulating 22 million tokens worth $22.5 million
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
13.2.2023
It was reported on Sunday that the SEC intended to sue Paxos for selling BUSD as an unregistered security
BNB Token Slides Under $300, Binance USD Inflows Signal Bearish Signs
13.2.2023
An SEC spokesperson told Coinesk the commission does not comment on the existence or nonexistence of a possible investigation
Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
13.2.2023
The exploiter is probably earning yields on staked cryptocurrency
Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
13.2.2023
Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy
Bernstein Says Regulatory Backlash Will Lead to More DeFi and Offshore Crypto
13.2.2023
Regulatory overreach will spur movement toward decentralized finance apps built directly on-chain by anonymous teams, the report said
Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft
13.2.2023
Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules
UAE Plans to Issue a CBDC to Promote Digital Payments
13.2.2023
The issuance of a digital dirham is one of nine key initiatives in the United Arab Emirates' new Financial Infrastructure Transformation Program
Arbitrum-Based GMX Surpassed Ethereum Blockchain in Daily Fees Over Weekend
13.2.2023
The decentralized futures exchange product has gained a loyal community of users in the past few months
Crypto Lender Nexo Stopped EIP for US Clients on Feb. 10
13.2.2023
Last month, Nexo paid a $22.5 million fine to the SEC for failing to register the offer and sale of EIP
Cathie Wood's ARK Buys Another $9.2M Coinbase After Stock's January Rally
13.2.2023
COIN is down 20% during the last week after a record-breaking rally in January where it rose nearly 95%
DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform
13.2.2023
Clearpool also has opened the onboarding and whitelisting process for institutional borrowers and lenders to Prime
First Mover Asia: Bitcoin Might Test $20K as It Looks for Support
13.2.2023
ALSO: The SEC's move on Kraken's staking program last week shouldn't be seen as an indictment of staking as a whole. Bitcoin dropped below $21.7K at one point over the weekend
SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ
13.2.2023
The U.S. Securities and Exchange Commission (SEC) intends to sue stablecoin issuer Paxos, which is behind the Pax Dollar and Binance USD tokens, over the latter. The news comes days after CoinDesk reported Paxos was under investigation by the New York Department of Financial Services