By CD Read more: CoinDesk Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules.Publish at: February 13, 2023 at 09:43AM
Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft
UAE Plans to Issue a CBDC to Promote Digital Payments
By CD Read more: CoinDesk The issuance of a digital dirham is one of nine key initiatives in the United Arab Emirates’ new Financial Infrastructure Transformation Program.Publish at: February 13, 2023 at 09:35AM
Arbitrum-Based GMX Surpassed Ethereum Blockchain in Daily Fees Over Weekend
By CD Read more: CoinDesk The decentralized futures exchange product has gained a loyal community of users in the past few months.Publish at: February 13, 2023 at 08:27AM
Crypto Lender Nexo Stopped EIP for US Clients on Feb. 10
By CD Read more: CoinDesk Last month, Nexo paid a $22.5 million fine to the SEC for failing to register the offer and sale of EIP.Publish at: February 13, 2023 at 07:28AM
Cathie Wood’s ARK Buys Another $9.2M Coinbase After Stock’s January Rally
By CD Read more: CoinDesk COIN is down 20% during the last week after a record-breaking rally in January where it rose nearly 95%.Publish at: February 13, 2023 at 05:41AM
DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform
By CD Read more: CoinDesk Clearpool also has opened the onboarding and whitelisting process for institutional borrowers and lenders to Prime.Publish at: February 13, 2023 at 05:00AM
First Mover Asia: Bitcoin Might Test $20K as It Looks for Support
By CD Read more: CoinDesk 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.Publish at: February 13, 2023 at 12:58AM
SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ
By CD Read more: CoinDesk 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.Publish at: February 13, 2023 at 12:23AM
I’m Glad There Are No Crypto Super Bowl Ads: Here’s Why
By CD Read more: CoinDesk Sportswashing and crypto company hubris are no longer in play in Super Bowl commercials this year. And that’s a good thing.Publish at: February 12, 2023 at 05:39PM
Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
By CD Read more: CoinDesk Parent company Digital Currency Group would turn its equity in Genesis Global Trading over to a holding company as part of an effort to sell both firms.Publish at: February 10, 2023 at 10:22PM