Regulation
PayPal registers crypto service with UK FCA
The registration enables PayPal to advertise its crypto services to U.K. customers.
Zoltan Vardai
Contributor
Zoltan Vardai
Zoltan is a writer at Forkast with a deep passion for storytelling and blockchain. Prior to joining the team, he worked as a marketing and content writer, focused on software and technology. Zoltan holds a master’s degree from the Ludwig Maximilian University of Munich and is interested in the future of global financial decentralization.
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Bitcoin News
Tether offers US$610 mln debt financing facility to German Bitcoin miner Northern Data
Tether extends US$610 million loan to boost Northern Data's AI and Bitcoin mining operations.
Zoltan Vardai
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Regulation
SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments
Bankman-Fried trial nears end: defense claims good faith as prosecution alleges misuse of funds.
Zoltan Vardai
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Bitcoin News
Nomura-backed Komainu partners Crypto Garage for institutional crypto services
The collaboration aims to build institutional crypto services in Japan.
Zoltan Vardai
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Altcoins
Circle to cease USDC minting for retail customers
Circle said the account closures do not apply to businesses or institutional Circle Mint accounts.
Zoltan Vardai
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Uncategorized
SBF examined over “cozy relationship” with Bahamian government in fraud trail
This marked Bankman-Fried’s fourth and final day of testimony before Wednesday’s closing arguments.
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Crypto Trading and Strategies
Mad Lads creator Backpack to launch licensed crypto exchange in Dubai
Backpack said it also secured operational licenses in other jurisdictions.
Zoltan Vardai
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Regulation
Sam Bankman-Fried’s credibility questioned by prosecutors during cross-examination
Prosecutors pointed out inconsistencies in Bankman-Fried’s public statements before FTX collapsed in a four-hour grilling.
Zoltan Vardai
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Regulation
Singapore, Japan, Switzerland and U.K. to collaborate on digital assets pilots
The MAS said that its previous tokenization pilots demonstrated great potential benefits of the technology.
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Regulation
UK plans to introduce fiat-backed stablecoin rules in early 2024
The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday. See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast Facts See related article: Blockchain tech in Thailand gets boost from new pro-crypto lead
Zoltan Vardai
