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Blockchain

Binance Pulls Out of Netherlands, Seeks to Deregister Cyprus Unit

The world’s largest crypto exchange, Binance, said it’s exiting the Dutch market as it has been unable to obtain registration as a crypto service provider The news comes after Binance’s entity
Blockchain

Cameron Winklevoss Criticizes SEC Regulatory Approach: ‘Securities Laws Written in 1933 Don’t Meet the Realities of the World Today’

Cameron Winklevoss, a co-founder of Gemini, a US-based cryptocurrency exchange, criticized the US Securities and Exchange Commission’s (SEC) posture regarding cryptocurrency regulation
Blockchain

Russia to Trial Digital Asset Settlements in Foreign Trade

Bank of Russia plans to pilot cross-border payments using digital assets and central bank digital currencies, according to a deputy governor The top executive believes these alternative instruments
Blockchain

Web3 Devs Now Focused on Making Games That ‘Traditional Gaming Can’t Match’ — Digital Arms CEO

According to Chris Watkins, the co-founder and CEO of the non-fungible token (NFT) marketplace Digital Arms, many of the Web3 games developed in the last bull cycle were not only seemingly rushed but
Blockchain

Blackrock Files for Bitcoin Trust — Analyst Calls It a ‘Real Deal’ Spot Bitcoin ETF Filing

Blackrock, the world’s largest asset manager, has filed to register a bitcoin trust that some believe is actually a spot bitcoin exchange-traded fund (ETF) in disguise Blackrock is seeking to
Blockchain

DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization

Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially declined to $4304 billion DAI’s market
Blockchain

US Judge Considers if Crashed Coins of Terraform Labs Were Securities

A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities The failed blockchain firm and its founder, Do Kwon, have asked the court to
Blockchain

Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute

On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC The news follows Coinbase’s current dispute with the
Blockchain

Bakkt Takes Proactive Measures, Delists Polygon, Solana, and Cardano Amid Regulatory Crackdowns

According to a Fortune report published on June 16, the cryptocurrency asset platform Bakkt is delisting three cryptocurrencies due to the current regulatory climate Bakkt’s general counsel
Blockchain

Bitcoin Price Outlook for June

Halfway through June, crypto markets have been rocked by several macro factors, which have brought bears to return to action Bitcoin has moved below $25,000 for the first time since March, as the
Blockchain

Biggest Movers: SHIB Remains Close to 21-Month Low, Following Recent Bear Run

Despite a slight rebound in price, shiba inu remained near its lowest level in 21 months during Friday’s session Overall, the global cryptocurrency market cap was marginally higher, climbing
Blockchain

Coinex Settles With NY Attorney General, Pays $1.7M in Penalties; Announces Exit from US Market

According to a press release issued on June 15 by the Office of the New York State Attorney General, the cryptocurrency exchange Coinex has reached a settlement with Letitia James, the chief law
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