Hong Kong is examining allowing the launch of spot cryptocurrency exchange-traded funds (ETFs), given that the risks of these instruments are addressed. In a recent interview, Julia Leung, CEO of the Hong Kong Securities and Exchange Commission, stated that the focus of the organization’s approach was “consistent” regardless of the asset.
Hong Kong Open to Allowing Trade of Spot Crypto…
Coinbase Website Blocked in Kazakhstan Amidst Crypto Securities Law Enforcement – Regulation Bitcoin News
November 8, 2023
Regional reports from Kazakhstan indicate that Coinbase, one of the largest crypto exchanges globally, has been blocked as it reportedly “violates paragraph 5 of Article 11 of the Digital Assets Law of the Republic of Kazakhstan.” Essentially, the clause is a policy on…
Binance Launches High-Yield USDT Earning Program Amid Fierce Market Competition – Bitcoin News
November 8, 2023
This week, Binance, the world’s leading crypto exchange by trading volume, announced the introduction of a tether (USDT) earning program with up to a 13% annual percentage yield (APR). Binance’s USDT earn product joins a slew of other digital currency trading platforms…
SwissGold Crypto AG Launches Gold-Backed NFTs for Wealth Preservation – Press release Bitcoin News
November 8, 2023
PRESS RELEASE. Zug, Switzerland – SwissGold Crypto AG, a Swiss-regulated crypto issuer, introduces a novel solution to the wealth preservation challenge in times of inflation and uncertainty: gold-backed non-fungible tokens (NFTs).
Gold’s enduring stability, in contrast to depreciating fiat currencies, has made it a trusted wealth preserver for centuries. Following the US President’s 1971…
BRC20 Token ORDI Skyrockets Over 40% as Binance Announces Listing – Altcoins Bitcoin News
November 8, 2023
On Tuesday, the BRC20 token, dubbed ordinals (ORDI), soared over 40% against the U.S. dollar, fueled by news from Binance about its impending inclusion on the exchange’s roster of traded currencies. ORDI rocketed from an early 24-hour low of $7 to a peak of $11.53…
US Supreme Court to Decide Whether Coinbase Can Force Users to Settle Disputes Through Arbitration – Legal Bitcoin News
November 7, 2023
The U.S. Supreme Court has agreed to take up the Coinbase case concerning whether the crypto exchange can force users to settle disputes through private arbitration, rather than in court. The case stems from a dogecoin (DOGE) sweepstakes in which users accused Coinbase of…
Decade of Resilience — A Look at 10 Pioneer Crypto Companies That Are Still Standing – Featured Bitcoin News
November 7, 2023
Over 15 years have passed since Satoshi Nakamoto launched the crypto revolution with the release of the Bitcoin white paper. On the brink of January 3, 2024, the network celebrates a decade and a half of continuous activity. Though many companies folded in 2023, several of the original players remain in the game. This overview showcases some of the first crypto firms still in operation, detailing…
Aave V2 Ethereum Market and Several Assets Paused — Team Says 'No Funds Are at Risk' – Defi Bitcoin News
November 7, 2023
The decentralized finance (defi) protocol Aave’s so-called guardian said on Nov. 4 it had paused the Aave V2 Ethereum Market and frozen “certain assets on Aave V3 on Polygon, Arbitrum, Optimism.” At the time when the update was issued, Aave said an analysis of what…
The Simpsons Satirizes NFT Mania in Latest 'Treehouse of Horror' Episode – Bitcoin News
November 7, 2023
On Sunday’s anticipated Halloween special, The Simpsons unveiled its thirty-fourth “Treehouse of Horror” episode, showcasing Bart’s transformation into a non-fungible token (NFT) by Homer. In a twist of events, Marge rescues Bart from the blockchain’s abyss, only…
National Bank of Georgia Selects Ripple as Tech Partner for CBDC Pilot – Bitcoin News
November 7, 2023
The National Bank of Georgia announced that it has enlisted the aid of Ripple, the cryptocurrency company, as the sole tech partner in its central bank digital currency (CBDC) project, denominated the digital GEL. Ripple’s CBDC solution was selected from nine shortlisted companies that applied to be part of Georgia’s CBDC pilot.
Ripple Scores National Bank of Georgia CBDC Partnership
Ripple, a…
