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” Tel Aviv Stock Exchange’s crypto trading proposal a ‘closed-loop system’ “ When the Tel Aviv Stock Exchange (TASE), the only public stock exchange in Israel, announced that it drafted a proposal for regulation-friendly crypto trading on Feb. 27, it echoed across the crypto industry as a step forward for crypto adoption. However, some experts…
” Coinbase launches wallet-as-a-service for businesses “ Crypto exchange Coinbase has launched a new business solution for enterprises looking to offer Web3 wallets to their customers — a move it says will help streamline the adoption of Web3 products and services. Coinbase’s wallet-as-a-service, or WaaS, provides enterprises with the technical infrastructure to create and launch…
Biden launches battle on Capitol Hill with call for Medicare tax hike President Biden fired the opening shots of the battle over spending and taxes that will consume Capitol Hill this year when he proposed on Tuesday a 5 percent Medicare surtax on people who earn more than $400,000 a year. The White House…
” 89% still trust centralized custodians despite 2022’s collapses: Survey “ American crypto users haven’t lost their trust in “intermediaries” to hold their crypto, with a January survey from Paxos suggesting a majority of United States crypto hodlers still trust banks, exchanges and mobile payment apps to custody their assets. An annual online survey published…
” Lawyers picnic: FTX counsel and advisors rake in $34M in January “ The law firms, investment banks and consulting companies working with FTX on its bankruptcy case billed the crypto exchange a combined $34.18 million in January, court documents reveal. FTX’s chief restructuring officer and new CEO, John J. Ray III, also received a…
” Silvergate reportedly talks with FDIC on ways to avoid shutdown “ United States banking regulators have reportedly been sent to Silvergate’s headquarters in La Jolla, California — looking for ways to save the crypto-friendly bank from a possible shutdown. A Mar. 7 Bloomberg report citing “people familiar with the matter” said Federal Deposit Insurance…
” SEC snubbed as Voyager wins court approval for sale to Binance US “ Bankrupt cryptocurrency lender Voyager Digital has won court approval to sell over $1 billion of its assets to Binance US. The approval was granted by United States Bankruptcy Judge Michael Wiles on Mar. 7, which came after four days of arguments…
” Mt. Gox creditors have until March 10 to register and choose repayment method “ Creditors from Mt. Gox have until the end of the week to register and select a repayment method as part of the plan by which they will be compensated for their losses with the defunct crypto exchange. In a March…
” CoinFLEX restructuring approved in Seychelles as rebranding reportedly continues “ Crypto investment platform CoinFLEX has received approval for its restructuring plan from the courts in Seychelles, the company announced March 7 on its blog. The courts are expected to publish the order the same week, the blog post added. Trading in locked assets has…
McConnell says Fox News made ‘a mistake’ by underplaying violence of Jan. 6 Senate Republican Leader Mitch McConnell (Ky.) says Fox News made “a mistake” by depicting Jan. 6, 2021, as a largely peaceful if chaotic protest, a revision of history that the Capitol Police chief criticized as “offensive” and “misleading.” McConnell told reporters that…