Swiss online bank Dukascopy has introduced a new lending product that enables customers to borrow against their cryptocurrency. The solution allows users to receive 50% of the value of their digital assets in fiat currency while retaining their original crypto investments.
Switzerland-Regulated Dukascopy Bank Launches Automated Crypto Lending Feature
Geneva-headquartered Dukascopy Bank is now…
Binance Stops Accepting New Users in UK to Comply With Crypto Regulations – Exchanges Bitcoin News
October 18, 2023
Binance has announced that it will no longer accept new users in the U.K. in order to comply with new crypto regulations from the Financial Conduct Authority (FCA). Binance explained that it is currently looking for an FCA-authorized firm to review and approve its U.K.
Blackrock CEO Larry Fink Sees Global Demand and 'Pent-up Interest in Crypto' Amid Israel-Hamas War – Finance Bitcoin News
October 18, 2023
Larry Fink, the CEO of the world’s largest asset manager, Blackrock, sees the recent bitcoin rally as “an example of the pent-up interest in crypto.” Noting that as the Israel-Hamas war rages on, more people will be running to bitcoin as “a flight to quality,” the…
SEC to Intensify Crypto Market Monitoring and Examinations – Regulation Bitcoin News
October 18, 2023
The U.S. Securities and Exchange Commission (SEC) has published its examination priorities for 2024 which include crypto monitoring and examinations. The securities regulator disclosed: “Examinations of registrants will focus on the offer, sale, recommendation of, advice regarding, trading in, and other activities in crypto assets or related products.”
Division of Examinations’ 2024…
Beyond HODLing: Here's How $Verse and CryptoWallet.com Lead the Way – Press release Bitcoin News
October 18, 2023
PRESS RELEASE. Cryptocurrencies are no longer just a speculative investment – stashed away and “HODLed” for a distant future. Instead, a seismic shift is underway, where cryptos are becoming a vital part of everyday life.
In the ever-evolving world of cryptocurrencies…
Australia Government Wants Crypto Exchanges to Possess a Financial Services License – Regulation Bitcoin News
October 18, 2023
Australia-based crypto exchanges may soon be required to hold a financial services license issued by the Australian Securities and Investments Commission. The Australian government expects to have the draft legislation ready in 2024. According to the proposals, crypto…
Bitcoin, Ethereum Technical Analysis: BTC Remains Near 2-Month High, Following Strong US Retail Sales – Market Updates Bitcoin News
October 18, 2023
Bitcoin remained near a two-month high on Tuesday, as markets digested the latest retail sales figures from the United States. Sales, which account for two thirds of the U.S. economy, rose by 0.7% in September, 0.4% higher than expected. Ethereum briefly rose above $1,600.
Bitcoin
Bitcoin continued to trade above $28,000 on Tuesday, following a better than expected increase in U.S. retail…
Biggest Movers: TON Hovers Above $2, ADA Bears End 4-Day Winning Run – Market Updates Bitcoin News
October 18, 2023
Toncoin rose for a third straight day on Tuesday, despite crypto markets mostly stalling in today’s session. At the time of writing, the global market cap is up 0.02%, as traders move to secure Monday’s gains. Cardano was in the red, following a four-day bull…
The U.S. Federal Trade Commission (FTC) has warned consumers that crypto deposits are not insured by the Federal Deposit Insurance Corporation (FDIC). “That money isn’t FDIC insured or protected if the crypto company goes under,” the agency cautioned. “If something…
Tether Freezes 32 Suspicious Addresses Linked to Ukraine and Israel Conflicts – Bitcoin News
October 17, 2023
On Monday, Tether, the leading stablecoin issuer, revealed it had frozen 32 addresses allegedly linked to activities involving war, terrorism, and crime. These USDT accounts are said to have ties to suspicious operations in Israel and Ukraine. The firm further disclosed that it is actively collaborating with Israel’s National Bureau for Counter Terror Financing (NBCTF) to thwart these nefarious…
