CryptoNews

Paypal Pauses UK Crypto Purchases Amid Regulatory Changes; Assures Resumption in Early 2024 – Bitcoin News

August 17, 2023
In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, users can continue to hold their crypto within the Paypal ecosystem and are free to liquidate their digital holdings whenever they wish. Paypal Temporarily Halts UK Cryptocurrency…
Read more
CryptoNews

2023 Centralized Crypto Exchange Study Highlights Winds of Change Among Top 10 Platforms – Exchanges Bitcoin News

August 17, 2023
In a report by the crypto market aggregation web portal Coingecko, Binance retains its crown in the centralized cryptocurrency exchange arena, but not without facing fierce competition and challenges. Binance Leads But Not Without Contenders, Says Coingecko’s Mid-Year Crypto Study According to the Coingecko research report, Binance continues to dominate the centralized cryptocurrency exchange…
Read more
CryptoNews

Former SEC Official Anticipates Exponential Shifts in Crypto Regulations After Election Day – Regulation Bitcoin News

August 16, 2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has outlined potential changes in the U.S. and at the SEC that could have positive impacts on the crypto industry, including the approval of spot bitcoin exchange-traded funds (ETFs). The changes could include a Republican president being elected, SEC Chairman Gary Gensler resigning, and “crypto mom” Hester…
Read more
CryptoNews

From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection – Bitcoin News

August 16, 2023
In the wake of financial upheavals and regulatory hurdles, Prime Trust, a digital currency custodian, has formally sought Chapter 11 bankruptcy protection. This move closely follows the appointment of John Guedry as the company’s overseer, bolstered by a designated committee to steer the restructuring process. Crypto Custodian Prime Trust Files for Chapter 11 Bankruptcy Protection Despite the…
Read more