Binance Now Requires KYC Verification for All Services
Binance, the world's largest cryptocurrency exchange by trading volume, has implemented a required KYC verification process for all users. The recent announcement appears to be part of the…
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Galaxy Digital and Bloomberg Launched a New Defi Index
Bloomberg has partnered with financial services business Galaxy Digital to establish the Bloomberg Galaxy Defi Index.
Galaxy Digital, led by Mike Novogratz, partnered with financial news…
Fireblocks Hires an Ex-SEC Chief as an Advisor
Jay Clayton, the former chairman of the Securities and Exchange Commission, has joined $2 billion Bitcoin custodian Fireblocks as an advisor.
This would be the former SEC chief's second…
JPMorgan Chase closed the bank accounts of a Bitcoin mining company
Compass Mining, situated in Delaware, provides US citizens with exposure to Bitcoin mining via its own infrastructure.
JPMorgan Chase, the American banking giant, has apparently…
Liquid exchange hacked to 80 million dollars
The Liquid Global exchange has been emptied of over $80 million in digital assets. Kucoin replied by blacklisting the addresses associated with the theft.
Liquid, a Japanese exchange,…
El Salvador issued a draft for Bitcoin banking legislation
El Salvador's central bank, the Banco Central de Reserva, recently released two guidelines outlining how banks should handle Bitcoin.
El Salvador's national bank, the Banco Central de…
Coinbase launches in Japan in collaboration with MUFG
Coinbase announced its formal launch in Japan in collaboration with banking giant Mitsubishi UFJ Financial Group, which would provide a “quick deposit” fiat on-ramp.
Coinbase, the…
According to the Dutch central bank, Binance is functioning illegally
The warning comes after authorities in a number of nations issued comments cautioning investors about Binance or alleging the exchange was operating unlawfully.
The Dutch central bank,…
The District Court of China declared Bitcoin to be Virtual Property
The Shanghai Minhang Court has declared Bitcoin to be a form of digital property. The court argued that BTC is a fungible, exchangeable, and non-exclusive virtual asset.
Bitcoin Exchange…
MetaMask’s institutional offering allows hedge funds into Defi
Defi may now be used by multibillion-dollar hedge funds thanks to MetaMask's institutional offering.
It is the goal of ConsenSys to encourage large financial institutions to enter the…
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