Proponents of the cryptocurrency industry have been requesting a comprehensive crypto bill for some time. Thanks to the bipartisan efforts of Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), there are proposals on the ground for lawmakers to ponder.
While a number of executives in charge of fintech unicorns are gradually seeing crypto as a space they need to embrace, Anne Boden, the founder and Chief Executive Officer of UK-based financial institution, Starling Bank said cryptocurrencies are “very dangerous” to the existing financial infrastructure.
Solana, one of the biggest Layer-1 blockchain protocols, through its subsidiaries Solana Ventures and Solana Foundation, has launched a $100 million fund to back startups in the South Korea Web3.0 ecosystem.
Major crypto exchanges in South Korea, including Upbit, Bithumb, Coinone, Korbit, and Gopax, have announced their intention to delist Litecoin from their trading services subject to the new privacy-based MimbleWimble upgrade on the Litecoin blockchain.
Women are no longer excluded from the crypto bandwagon because they are rapidly participating and investing in this sector, according to a co-study by mobile crypto wallet Valora and global market researcher Appinio.
Binance trading platform denied all allegations of facilitating around $2.4 billion in illicit funds from world-acclaimed criminal organizations like Lazarus Group and Hydra.
Fintech giant Paypal Holdings has upgraded its crypto wallet capabilities. Users of the app can now send supported digital assets to other wallets.
Elon Musk, the Chief Executive Officer of electric vehicle giant Tesla Inc, and the prospective owner of social media giant Twitter have sent a filing to the SEC noting it may exercise its rights not to consummate the Twitter deal anymore.
Cryptocurrency exchange BitMEX announced on Thursday that it has expanded its margin trading services by listing the new Luna 2.0 token (LUNA) on its platform. Terra Luna launched the new cryptocurrency on 28 May.
Binance cryptocurrency exchange, the world’s largest crypto exchange platform by trading volume has announced it will be the major sponsor of Canadian hip-hop singer, The Weeknd’s "After Hours Til Dawn" tour.
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