In a sign of openness to digital currencies, DZ Bank, Germany's second-largest bank, announced that it will test cryptocurrency trading for corporate banks this year.
DZ Bank has a portfolio of 700 corporate lenders. It recently announced its late-2024 cryptocurrency pilot plan, which aims to “give…
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Coinbase recruited a former UK minister
Cryptocurrency exchange Coinbase Global Inc. appointed George Osborne, former UK Treasury Secretary, as an advisor as it faces growing regulatory scrutiny in the United States.
Coinbase has announced that Osborne will join the company's…
Visa offers its crypto-to-fiat exchange service in 145 countries
Visa, the global payments giant, is driving the adoption of cryptocurrencies by offering another method to exchange crypto for fiat currencies without the need to use a centralized exchange.
Visa has partnered with Transak, the Web3…
Tesla holds $367 million worth of Bitcoin
The Tesla company, owned by tycoon Elon Musk and focused on manufacturing electric cars, maintains $367 million in Bitcoin.
Despite having sold a good amount of its cryptocurrencies during the pandemic, Tesla is holding on to this juicy…
Binance.US suspended operations in Alaska and Florida due to regulatory issues
Binance.US, the arm of Binance for the US market, stopped operating this week in Alaska and Florida due to conflicts with local authorities.
According to a report by the Wall Street Journal (WSJ), this decision is due to the investigations…
US will auction confiscated bitcoin from Silk Road
The U.S. government reported that it will auction more than $130 million in Bitcoin, which were seized during the investigations against the trading platform Silk Road.
The notice was made on the website of the U.S. Department of Justice,…
SEC requests Ripple’s financial statements as a value at trial
The United States Securities and Exchange Commission (SEC) and Ripple Labs continue to face trial before Judge Sarah Netburn of the Southern District Court of New York. The SEC requires Ripple to disclose its 2022 and 2023 financial…
Amount of crypto users increased from 432 to 580 million in 2023
The economic reality of each country, in addition to events associated with cryptocurrencies, led to an increase in the use of these currencies, reflected by 34 %. It is estimated that the crypto user base will increase from 432 to 580…
Binance asked to dismiss the SEC’s claim
Lawyers for Binance, a prominent cryptocurrency exchange, urged a judge to dismiss a lawsuit filed by the US Securities and Exchange Commission (SEC). During a January 22 hearing in the United States District Court for the District of…
Binance will face the SEC again
The world of digital currencies experienced a significant turnaround as Binance, one of the largest cryptocurrency exchanges, will face the United States Securities and Exchange Commission (SEC) in a court hearing on Monday, January 22.…
Canada to amend its rules on cryptoassets
The Canadian Securities Authority (CSA) announced proposed changes to the regulations governing the management of crypto assets by public investment funds. These amendments, which are currently under consideration, aim to restrict the…
Coinbase added a new tool with AI
Coinbase's NFTs trading platform has introduced a revolutionary feature called Instamint, which allows users to create digital collectibles using the power of Artificial Intelligence (AI). This new option is now available to all marketplace…