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CryptoCurrency
Coinbase Halts UPI Deposits in India Following the NPCI Statement
2022-04-10T17:09:49.026+02:00
'Currently unavailable' error is displayed when users in India are attempting to deposit.
Local reports are suggesting India may not announce crypto regulations anytime soon.
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Executives
Tomer Niv, Ex-Director of Global Crypto Solutions at eToro, Joins Entree Capital
2022-04-10T09:38:15.925+02:00
Niv said his work at eToro was 'both exciting and fulfilling'.
He has joined venture capital firm, Entree Capital.
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Executive Moves
Marissa Brooks Joins Blockchain.com to Lead Global Sports and Entertainment Partnerships
2022-04-08T21:40:00.000+02:00
She will be building relationships with teams, leagues, athletes and entertainers.
Brooks is the founder of 4WRD.
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CryptoCurrency
Binance to Lead $150 Million Funding Round of Sky Mavis
2022-04-07T03:13:00.000+02:00
The round is intended to reimburse user funds affected by the Ronin Validator Hack.
On March 23, threat actors hacked the systems.
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News
BitPay Now Supports Bitcoin Lightning Network Payments
2022-04-07T01:50:00.000+02:00
Merchants and customers can use BitPay to complete Bitcoin transactions with lower fees.
PacificSun is one of the first BitPay partners to accept Lightning Network payments.
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CryptoCurrency
American Bank Taps Bakkt Crypto Connect Solution for New Offerings
2022-04-06T23:23:00.000+02:00
In Q2 of 2022, Bakkt is expected to launch its crypto connect solution.
Valliance Bank partnered with Bakkt Holdings, Inc. in February.
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Regulation
National Bank of Georgia Plans to Regulate Cryptocurrencies
2022-04-06T03:12:00.000+02:00
The draft law will include provisions for registering virtual asset service providers.
Providers should also meet AML standards.
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CryptoCurrency
Singapore Parliament Passes Law to Tighten Crypto Rules
2022-04-06T01:23:00.000+02:00
Cyberattacks or disruptions of financial institutions' services could result in penalties.
Companies that only do business overseas will need to be licensed under the new legislation.
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News
Bitcoin of America Now Supports Shiba Inu on Its ATMs
2022-04-04T23:12:00.000+02:00
Bitcoin of America is registered as a money services business with the FinCEN.
Shiba Inu will be available in over 1800 ATMs across 31 states.
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CryptoCurrency
Crypto.com Partners with Cardlytics, Offering an Additional 10% Cashback Rewards
2022-04-04T09:40:10.724+02:00
Some of the top brands that are available in Cardlytics are Walmart, Airbnb and Sephora.
The new cashback rewards are available to Crypto.com US card holders.
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Regulation
WeChat Bans ‘A Large Number’ of Accounts Promoting NFTs
2022-03-31T03:18:00.000+02:00
The Chinese messenger app giant has over 1.2 billion active users.
NFT secondary transactions were banned by WeChat.
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Executive Moves
Guillermo Bodnar Becomes the New Celsius Chief Technical Officer
2022-03-30T19:11:33.806+02:00
The new CTO will be based in the San Francisco Bay Area.
Both Celsius CEO and Bodnar worked together in Arbinet.
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CryptoCurrency
Canadian Crypto Industry Leaders Create Non-profit Organization
2022-03-29T21:49:00.000+02:00
The non-profit is aimed to push for regulation in the domestic crypto industry.
Dapper Labs, Ledn, Ether Capital and Wealthsimple are part of the Council.
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News
CySEC Alarms against Use of Crypto Assets by Sanctioned Russians
2022-03-29T14:44:39.417+02:00
Sanctioned individuals and entities are trying to use crypto assets to move funds.
Several other regulators flagged the use of cryptocurrencies by Russians.
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News
Israel’s Bank Leumi to Offer Crypto Trading Services
2022-03-25T08:49:04.024+02:00
The offerings will be available under its digital platform, Pepper Invest.
Initially, only Bitcoin and Ethereum will be available.
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CryptoCurrency
South Korea’s SK Square to Launch Its Own Crypto
2022-03-25T01:49:00.000+02:00
The digital asset is intended to be used in the firm's own metaverse.
Another SK Group subsidiary signed a contract with Korbit on March 23.
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CryptoCurrency
Malaysia Will Not Recognize Bitcoin as Legal Tender according to the Ministry of Finance
2022-03-24T17:51:16.373+02:00
The Deputy Finance Minister contradicted Zahidi Zainul Abidin.
Malaysia is still participating in project Dunbar with the RBA.
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CryptoCurrency
Canza Raises $3.27M to Offer Crypto Financial Services in Nigeria
2022-03-23T23:12:00.000+02:00
The crypto 'neobank' was founded by Pascal Ntsama and Oyedeji Oluwole.
Canza offers cross-border settlement and treasury management services.
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Institutional FX
TP ICAP Adds Hudson River Trading as Spot Crypto Market Maker
2022-03-22T13:19:32.072+02:00
Hudson River Trading offers algorithmic trading services.
Some of the other added crypto market makers are Jane Street and Virtu Financial.
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CryptoCurrency
New Survey Finds 24% of UK Adults Are Prepared to Invest in Tokens in 2022
2022-03-22T10:00:19.941+02:00
The ease of buying tokes online or via an app appeals to 53% of young crypto investors.
The survey reveals that Britons found real estate riskier to invest than tokens.
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Regulation
UK FCA Warns on XTB Broker Clone
2022-03-21T23:41:00.000+02:00
The firm is offering crypto services without FCA's authorization.
The watchdog recently issued a warning about an unlicensed crypto provider.
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Exchanges
24 Exchange Finalizes First Crypto NDF Trades
2022-03-15T01:53:00.000+02:00
The trades involved ED&F Man Capital Markets, XBTO and QCP.
24 Exchange recently submitted a final Form 1 application to the US SEC.
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FinTech
Stripe Is Offering Cryptocurrency Payments Again, Announced Partnership with FTX
2022-03-13T17:38:18.197+02:00
Aside from cryptocurrencies, Stripe also supports NFTs marketplaces and wallets.
Stripe to compete with other crypto payments services in the market.
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News
‘Ransomware’ Charges Brought against Canadian Man in the US
2022-03-11T01:47:00.000+02:00
Vachon-Desjardins is a former Canadian government employee.
Around $28,151,582 was seized in cryptocurrencies.
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News
BitMEX Co-founder Pleads Guilty to US Bank Secrecy Act Violations
2022-03-09T23:22:00.000+02:00
The other two founders of BitMEX pled guilty to the same offense in February.
Reed agreed to separately pay a $10 million criminal fine.
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