El Salvador to establish ‘Bitcoin Embassy’ in Texas to promote adoption of digital assets
El Salvador, the first country in the world to make Bitcoin legal tender, is planning on opening a “Bitcoin embassy” in Texas.
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Japan’s Square Enix to launch Web3 game on Polygon blockchain, cites ‘sustainability’ benefits
Square Enix announced Wednesday that it will launch its first Web3 game Symbiogenesis on the Polygon blockchain.
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Go ahead and ban staking. Crypto investors will just go elsewhere
The SEC’s latest heavy-handed approach toward crypto will leave investors less protected while benefitting dodgy offshore companies, writes Danny Talwar of Koinly.
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Paxos ordered to stop minting Binance stablecoin as SEC mulls legal action
Top blockchain and crypto news: Paxos halts BUSD issuance. Kraken faces disclosure charges. Beijing backs new blockchain research center.
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Singapore’s DBS Digital Exchange’s Bitcoin trade volume grows 80% in 2022
DBS Digital Exchange (DDEx), one of Asia’s first bank-backed digital exchanges, has reported a year-on-year increase of 80% in Bitcoin traded in financial year 2022, while the number of Bitcoin custodized with the bank doubled from 2021.
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Digital asset industry comes under fire at hearing by U.S. Senate on ‘Crypto Crash’
The cryptocurrency industry faced criticism during a Senate committee meeting on Tuesday entitled “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets.”
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S. Korean regulators to probe local crypto staking services following U.S. crackdown: News1
S.Korean regulators are planning to review crypto staking services on local exchanges following recent regulatory enforcements from the SEC.
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Binance CEO says more non-USD stablecoins may emerge
The intensifying regulatory oversight in the U.S. is highlighting the increasing need for non-U.S. dollar-pegged stablecoins in the cryptocurrency industry, Binance Chief Executive Officer Changpeng Zhao said on Tuesday. See related article: Be careful what you wish for? Regulators pick up pace in the crypto industry crackdown Fast facts See related article: SEC may make…
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SEC may make it harder for hedge funds to work with crypto firms: Bloomberg
The U.S. Securities and Exchange Commission (SEC) plans to propose rule changes that would make it difficult for cryptocurrency firms to hold digital assets.
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Markets: Bitcoin, Ether, other major tokens rise despite hotter-than-expected CPI reading
Bitcoin rose in Wednesday morning trading in Asia to move back above US$22,000 as investors shrugged off a seeming U.S. regulatory crackdown on digital assets and data showing U.S. inflation for January was above forecasts.