Rootoshi
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11 months, 3 weeks agoCrypto Anti-Money Laundering Bill by Senator Elizabeth Warren Sparks Controversy and Concerns
Senator Elizabeth Warren’s proposed crypto Anti-Money Laundering bill has sparked controversy within the crypto industry. However, critics have pointed out that Warren’s bills have a history of not gaining tra…
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11 months, 3 weeks agoEl Salvador's Bitcoin Bonds Set to Launch in Early 2024
El Salvador has received regulatory approval for its long-awaited Bitcoin bonds, also known as “Volcano Bonds.” The bonds are expected to launch in early 2024, according to the National Bitcoin Office of El Sal…
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11 months, 3 weeks agoSouth Korea's Financial Services Commission Implements Interest Payments on Crypto Deposits to Enhance Investor Protection and Transparency
The Financial Services Commission (FSC) in South Korea has announced new regulations aimed at bolstering investor protection and promoting transparency in the cryptocurrency market. Under the revised regulations,…
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11 months, 3 weeks agoTether Freezes Crypto Wallets Linked to Sanctioned Individuals and Entities
Tether, the largest issuer of stablecoin USDT, has implemented a new policy to freeze crypto wallets associated with individuals and entities sanctioned by the US Treasury’s Office of Foreign Asset Control (…
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11 months, 3 weeks agoBinance to Discontinue Russian Ruble Trading Pairs as Part of Exit Strategy
Binance, the world’s largest cryptocurrency exchange, has announced that it will no longer support trading pairs involving the Russian Ruble (RUB) on its platform starting from January 31, 2024. This decision is p…
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11 months, 3 weeks agoSouth Korea Implements New Investor Protection Laws to Enhance Crypto Security
The Korean Financial Services Commission has introduced new investor protection laws to enhance the security of cryptocurrencies in South Korea. As part of these regulations, Korean Virtual Asset Service Providers…
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11 months, 3 weeks agoSBI Holdings and Saudi Aramco Explore Digital Asset Investment and Semiconductor Production Partnership
Japanese financial services firm SBI Holdings and Saudi Arabian state-owned oil company Saudi Aramco have signed a memorandum of understanding (MoU) to explore collaboration in digital asset investment and…
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11 months, 3 weeks agoSouth Korea Proposes New Crypto Regulations for NFTs, Interest on Deposits, and Cold Wallet Security
South Korea’s top financial regulator, the Financial Services Commission (FSC), has proposed new regulations for crypto assets, specifically targeting non-fungible tokens (NFTs), interest on deposits, and the s…
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11 months, 3 weeks agoBinance Founder Ordered to Stay in the US Until Sentencing, Terraform Labs Co-Founder Faces Extradition, EU Officials Reach Deal on AI Regulation, Almost a Thousand Crypto Exchanges Blocked in Kazakhstan, Blockchain Leadership Bill Passed in US House Committee
Binance founder Changpeng “CZ” Zhao has been ordered to stay in the United States until his sentencing in February 2024. A federal judge determined that there is a flight risk if Zhao is allowed to return to the…
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11 months, 3 weeks agoGrowing Senate Support for Warren Bill Raises Concerns Over Bitcoin Privacy and Infrastructure
Senator Elizabeth Warren’s proposed bill to regulate cryptocurrencies has gained support from five additional senators, including members of the Senate Banking, Housing and Urban Affairs Committee. The Digital A…
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11 months, 3 weeks agoUniswap Expands to Bitcoin Network Through Rootstock Integration
Decentralized exchange Uniswap has successfully expanded its operations to the Bitcoin blockchain by integrating with the Rootstock sidechain. This integration is a significant milestone for both Uniswap and…
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11 months, 3 weeks agoCoinbase Lists SEAM, the First Base Layer 2 Token, Boosting Seamless Protocol's DeFi Access
Coinbase has announced the listing of SEAM, the governance token of Seamless Protocol, on its platform. This makes SEAM the first Base Layer 2 token to be listed on Coinbase. Seamless Protocol is a decentralized…
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11 months, 3 weeks agoConio Partners with Coinbase to Bring Crypto Services to Italian Banks
Conio, a digital asset wallet owned by Italy’s postal service and Banca Generali, has partnered with Coinbase to bring a wide range of crypto services to the Italian banking space. With over 400,000 customers, C…
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11 months, 3 weeks agoJulius Bär Faces Potential Losses Due to Risky Loans
Julius Bär, a supposedly conservative private bank, is reportedly facing a potential disclosure regarding its expected profits. The bank’s profits are expected to be lower than anticipated due to a 600 million cr…
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11 months, 3 weeks agoPutin Predicts the End of Western Banking Dominance and the Rise of Bitcoin in BRICS Declaration
Russian President Vladimir Putin has made a bold prediction about the future of Western banking dominance and the rise of Bitcoin. Speaking at the VTB Investment Forum in Moscow, Putin stated that the era of…
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11 months, 3 weeks agoArvy, Swiss Asset Manager, Receives License from Finma and Launches Flagship Equity Strategy Fund
Swiss asset management boutique Arvy has received approval from the Swiss Financial Market Supervisory Authority (FINMA) to operate as a wealth manager. The founding team, who previously worked for a multi-family…
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11 months, 3 weeks agoGoogle to Update Ad Policy for Bitcoin ETFs Ahead of Anticipated Approvals
Google is set to update its advertising policy in January 2024 to allow the promotion of Cryptocurrency Coin Trusts on its platform. This change will come into effect on January 29, 2024, and will apply globally.…
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11 months, 3 weeks agoUK Pension Fund Invests $20 Million in First Regulated Bitcoin Derivatives Exchange
The investment arm of UK-based pension fund M&G has invested $20 million in Global Futures & Options Holdings (GFO-X), the country’s first regulated Bitcoin derivatives exchange. This investment is part of a $30 m…
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11 months, 3 weeks agoRipple's Potential Role in Streamlining International Trade with eBL Interoperability
Swift, BNY Mellon, and Deutsche Bank are collaborating on a project to improve commercial efficiency by digitizing freight invoices using blockchain technology. The initiative aims to reduce fraud and costs…
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11 months, 3 weeks agoGerman Development Bank KfW to Launch Innovative Tokenized Bond in 2024
German development bank KfW is set to introduce a tokenized bond by 2024, following the successful issuance of a €20 million digital bond. This milestone was achieved through the use of Deutsche Börse’s Clea…
