Another Issuer Of Digital Assets Is Registered With The Bank Of Russia
The Central Bank of Russia has expanded the list of organizations that are allowed to release digital financial assets on its website. The "Masterchain" network is now the fifth "information system provider" in the nation authorized to tokenize conventional assets and manage their exchange.
NY Attorney General Sues KuCoin for Alleged Violations of Securities and Commodities Laws
The KuCoin cryptocurrency exchange is being sued by the New York Advocate General's office for reportedly breaking state securities and commodities rules. Attorney General Letitia James asserts that Ethereum (ETH), is the second-largest cryptocurrency by market value, as well as Terra (LUNA) and TerraUSD (UST) stocks.
Coinbase Launches Wallet-as-a-Service to Help Crypto Firms Build Customizable On-chain Wallets
Coinbase Global (Nasdaq: COIN), one of the world's largest cryptocurrency exchanges, has announced a new offering called Wallet-as-a-Service (WaaS). The new service provides crypto firms with scalable and secure wallet infrastructure APIs, allowing them to create and deploy fully customizable on-chain wallets.
Silvergate, A Cryptocurrency Lending Bank, To Liquidate Following A Fallout With FTX
Silvergate Capital, a bank that has been lending to the cryptocurrency industry for a decade, has announced that it will shut down and liquidate. The decision was attributed to recent industry and regulatory developments.
East London Unlicensed Crypto ATMs Face FCA Action
The Financial Conduct Authority (FCA) has taken action against several unlicensed crypto ATMs in East London. As many of you know, crypto ATMs, also known as Bitcoin ATMs, are becoming increasingly popular as more people invest in cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. However, unlicensed crypto ATMs pose a risk of being used for illegal activities, such as money laundering and terrorism financing.
Robinhood's Wallet Can Now Be Used By IOS Customers Worldwide
Robinhood, the commission-free stock and cryptocurrency trading app, has formally released its self-custody wallet to all 1 million+ iOS customers in its queue. The Robinhood Wallet is now accessible in over 130 countries and can be purchased from the IOS App Store. Users can make up to 5 USDC after moving $10 of crypto from Robinhood Crypto or 1 USDC after depositing $10 from another wallet or exchange for a limited period.
U.S. Bankruptcy Judge Criticizes SEC's Vague Doubts on Crypto Lender Voyager Digital's Binance.US
A bankruptcy judge in the United States has slammed the Securities and Exchange Commission (SEC) for raising vague concerns about crypto lender Voyager Digital's proposed sale to Binance.US
Kolon's Top Executive and Binance Collaborate to Create a Crypto Exchange in South Korea
Binance, the world's biggest cryptocurrency trading platform, is said to be in talks with Lee Woong-yeol, the senior head of Kolon Group, a South Korean pharmaceutical and textile company, about launching a new virtual asset exchange in the nation.
Bank of Israel Introduces A Framework To Oversee Stablecoins
The Bank of Israel is exploring the issue of digital assets and their impact on the areas it oversees, including maintaining financial stability, managing monetary policy, and regulating payment systems.
eToro Updates Its eToro Money Crypto Wallet Services
The services provided by the eToro Money digital wallet will alter on March 26, 2023. These adjustments will have an effect on the crypto token exchange service as well as the support for specific eToro cryptocurrencies.
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