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“# SEC is ‘open to discussion’ when it comes to crypto: Kraken chief lawyer ” In the midst of a fraught period for some high-profile United States crypto firms and financial regulators, Kraken’s chief legal officer (CLO) is calling for a dose of pragmatism going forward. Speaking on Bloomberg’s “QuickTake Stock” broadcast on Thursday, CLO Marco…
“# Crypto adoption is a ‘huge challenge,’ says Chinese central bank exec ” The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional financial system, an executive at the Chinese central bank has warned. Wen Xinxiang, director of the payment and settlement department at the People’s Bank of China (PBoC),…
“# LCX price rallies 300%+ after the launching DeFi Terminal 2.0 ” The emergence of decentralized finance (DeFi) has reshaped the landscape of the cryptocurrency ecosystem, which was once dominated by centralized exchanges like Coinbase and Binance and helped to make it more accessible for users and projects seeking to gain access to the markets. …
“# Twitter launches crypto tipping for all users ” Social media giant Twitter reportedly is now enabling cryptocurrency options to its tipping jar, allowing any user to pay through the platform. In a Sept. 23 blog post, Twitter staff product manager Esther Crawford said the crypto tips feature was now available for all iOS users…
“# Canadian regulators warn against ‘gambling style’ advertising and marketing in guidelines for crypto companies ” The Canadian Securities Administrators, or CSA, and Investment Industry Regulatory Organization of Canada, or IIROC, have issued guidelines for crypto trading platforms operating in the country to avoid “advertising and marketing materials that could mislead investors.” In a Thursday…
“# Bears aim to pin Bitcoin price below $46K leading into Friday’s $3B BTC options expiry ” This week’s combination of bearish factors was enough to bring Bitcoin’s (BTC) price down to its lowest levels in 46 days, and this nearly obliterated 86% of the $2 billion September call (buy) options that expire on Sept….
“# BTC crash: Was it actually Evergrande? | Watch The Market Report live w/ Eric Krown ” Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman. Here’s what to expect in this week’s markets news breakdown: After failing to reach $50,000, Bitcoin (BTC) slid back…
“# Axie Infinity (AXS) gains over 45%, but ‘death cross’ fears persist ” Axie Infinity’s native cryptocurrency, Axie Infinity Shards (AXS), bounced higher on Sept. 23 as the market’s focus shifted to its listing on two major crypto trading platforms, Bitfinex and Bitstamp. The AXS/USD exchange rate surged 15.52% to $69.86, negating all the losses…
“# UAE regulators approve crypto trading in Dubai free zone ” Financial regulators in the United Arab Emirates have reached an arrangement to officially allow and support cryptocurrency trading in an economic free zone in Dubai. The Dubai World Trade Centre Authority (DWTCA) announced Sept. 22 that it signed an agreement with the UAE’s Securities…
“# Basel draft rules make crypto too costly for banks to trade, says industry ” Nine banking industry associations have submitted a letter to the Basel Committee on Banking Supervision (BCBS) in response to its proposal to introduce stringent capital requirements for banks looking to hold crypto assets on their books. In June of this…