CryptoNews

Coinbase Debuts Paypal's PYUSD Stablecoin; Trading to Roll Out in Phases Pending Liquidity – Exchanges Bitcoin News

September 1, 2023
Coinbase has listed Paypal’s PYUSD stablecoin, following an announcement of its support for the digital asset just a day earlier. Should liquidity requirements be satisfied, the exchange plans to introduce trading pairs for the asset in stages. Coinbase Adds PYUSD Stablecoin Coinbase, the prominent cryptocurrency exchange headquartered in San Francisco, has incorporated Paypal’s dollar-tied…
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Biden's Regulators Urged to Work With Congress on Crypto Regulation – Regulation Bitcoin News

September 1, 2023
A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair Gensler’s regulation by enforcement is unlawful and does nothing to protect consumers. It’s time for Biden’s regulators to work with Congress to provide clear rules of the road and robust consumer protections through legislation,”…
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Bitcoin, Ethereum Technical Analysis: BTC Erases Recent Gains as US GDP Disappoints – Market Updates Bitcoin News

September 1, 2023
Bitcoin edged lower once again on Thursday, as traders continued to capture profits following gains on Tuesday. The latest drop followed data revealing U.S. gross domestic product growth in the second quarter that undershot expectations. Ethereum likewise declined, dipping under $1,700. Bitcoin Bitcoin was in the red for a second consecutive session, as a mixture of profit-taking and general…
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South African Crypto Premium Surge After Kraken Abruptly Starts Blocking Deposits by Local Residents – Africa Bitcoin News

August 31, 2023
The premium on crypto assets listed on South African exchanges briefly surged to 3.5% after Kraken’s abruptly started blocking deposits from users based in the African country. Some South African crypto experts have linked Kraken’s decision to the Financial Action Task Force’s recent addition of the African country to its greylist. Impact of the FATF’s Greylisting According to a report…
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