Auto Added by WPeMatico

Binance Founder CZ Announces Romanian Office as Part of Regional Expansion

Changpeng Zhao (CZ), founder and chief executive officer of cryptocurrency exchange Binance, has announced the opening of an office in Romania. During a visit to the country, he met with…

Continue ReadingBinance Founder CZ Announces Romanian Office as Part of Regional Expansion

New Study Says Number of Cryptocurrencies Now at 10,000 — Five Coins Account for 75% of Total Market Cap

The number of known cryptocurrencies surged from 6,000 in July 2021 to 10,400 in February 2022 before dropping to around 10,000 by August. Only five cryptocurrencies currently account for over…

Continue ReadingNew Study Says Number of Cryptocurrencies Now at 10,000 — Five Coins Account for 75% of Total Market Cap

German Crypto Exchange Nuri Files for Insolvency

Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s…

Continue ReadingGerman Crypto Exchange Nuri Files for Insolvency

European Banking Authority Concerned About Hiring Talent to Oversee Crypto Space

Europe’s banking sector regulator is worried it won’t manage to find the specialized personnel needed for the oversight of the EU’s attempt to regulate the crypto market. The authority is…

Continue ReadingEuropean Banking Authority Concerned About Hiring Talent to Oversee Crypto Space

Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says

The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets…

Continue ReadingCredit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says

Grayscale: Bitcoin Could See Another 5-6 Months of Downward or Sideways Price Movement

Grayscale Investments has explained that there may be another 250 days of the current bearish crypto market, citing patterns in previous cycles. In addition, “Bitcoin is 222 days off the…

Continue ReadingGrayscale: Bitcoin Could See Another 5-6 Months of Downward or Sideways Price Movement