Xapo Bank to enable USDC deposits and withdrawals
According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees.
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A third of US crypto holders have experienced theft: Report
10% of crypto holders surveyed made no attempt at protecting their assets; victimization varied strongly by age.
Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report
Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and…
Seized exchange Bitzlato allows users to withdraw 50% of Bitcoin
Bitzlato has yet to resolve the issue with the remaining 50% of user funds and may eventually compensate using its own funds.
Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge
Should they opt in to the deal, Celsius customers cannot “pursue any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.”
Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply
The financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set to enter into force in May, oblige advertisers to clearly…
CryptoUK calls on regulators to address de-banking of digital asset firms
The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based and case-by-case approach.”
DeFi insurance payouts amounted to $34.4M in 2022: Report
Ninety percent of all DeFi insurance claims paid out since inception were distributed in 2022, according to OpenCover.
SVB contagion: Australia reportedly asks banks to report on crypto
Australia’s prudential regulator has reportedly told banks to improve reporting on crypto assets and provide daily updates.
Belgian FSMA surveys crypto investors before taking on new ad regulation authority
Crypto ads in Belgium will bear a blunt warning after a new regulation takes effect in May, and “mass” advertising campaigns will be subject to advance FSMA approval.
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