Binance calls it quits in Canada, blames new rules
Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators.
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MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects
DAI stablecoin proprietor MakerDAO offered up an AI-heavy roadmap for the future with plans for a new blockchain.
Fiat-backed stablecoins could be used to post bail in New York under proposed bill
A New York lawmaker has introduced a new bill that proposes to allow certain stablecoins to be accepted as payment for bail.
Tether has $1.5B in Bitcoin reserves: BDO Italia
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.
DEUS Finance loses $6M following stablecoin hack
The attacker targeted both the BNB Smart Chain and the Arbitrum network. CoinMarketCap data shows that DEI price dropped 30% following the security incident.
Digitalization won’t displace commercial bank money any time soon: Moody’s
Even as digitalization increases, the commercial bank’s place in the economy is solid and will be supported by some new forms of money, the credit rating agency says.
Industry heavyweights respond to UK’s crypto asset regulatory framework proposal
HM Treasury was directed to spot problems that may need refinement, but the basic principles of its approach were heartily welcomed.
Microstrategy Founder Michael Saylor to Argentines: ‘You Need Bitcoin’ — Critics Insist BTC Is Too Volatile
Micheal Saylor, the founder of Microstrategy, has told people living in inflation-stricken Argentina that they now “need bitcoin.” While many bitcoiners have welcomed Saylor’s suggestion, a few critics have said…
Seoul Prosecutors Believe Terra Co-Founder Do Kwon Still in Possession of $100 Million Held in Swiss Bank Account
In the wake of the recent legal action against ten associates of Terraform Labs, which included the co-founder Shin Hyun-seong, known to many as Daniel Shin, it appears that prosecutors…
Bahamas securities watchdog presents comprehensive new draft digital assets act
After the FTX scandal focused the international spotlight on it, the Securities Commission of The Bahamas completes its regulator overhaul.
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