Binance announced Wednesday that Abu Dhabi-based AI and tech investor MGX has put $2 billion into the company, paid in stablecoins.
After receiving multiple financial sanctions from so many countries Russia is taking a step toward regulated cryptocurrency investments, but only for select investors. The country's central bank has proposed a three-year trial, letting a small group buy and sell Bitcoin. While this is a big step, Russia is still careful about fully accepting crypto.
SEC and CFTC Reaffirm Market Oversight as Crypto Enforcement Shifts
Vocal opposition to the European Central Bank's (ECB) digital euro project reportedly swelled after the institution's payment system crashed last month. TARGET2 (T2), the ECB's real-time gross settlement system, went down in late February, which prevented payments from being processed for several hours.
US Representative Tom Emmer is pushing for pro-stablecoin legislation while opposing central bank digital currencies (CBDCs).
Pierre Gramegna, director of the European Stability Mechanism (ESM), stated on March 10 that Trump's recent endorsement of cryptocurrencies could present financial difficulties for the European Union. The statement came during the Eurogroup press conference.
Policy change at the regulator does not bind courts from analyzing the key question of whether certain crypto transactions are covered by federal securities laws. Private plaintiffs may take advantage, say Sydney Johnson and Calvin Koo, lawyers at Kobre & Kim.
TL;DR Annual inflation in the U.S. fell to 2.8%, improving economic expectations and pushing Bitcoin above the $84,000 mark. The crypto market reacted positively, with notable gains seen in XRP, Cardano, and Solana. Analysts warn of possible future inflationary risks from Trump's tariff policies, though the Federal Reserve continues holding interest rates steady.
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YBFB hopes that using crypto will be a direct solution to the nation's shortage in U.S. dollars and foreign currency reserves.
The crypto market never stops evolving, and staying ahead of the most popular cryptocurrencies is the key to massive potential returns. While some coins rise and fall based on hype, others are powering real-world innovation and positioning themselves for long-term success.
In a period marked by extraordinary polarization, market participants find themselves torn between two opposing camps: one steadfastly predicting that the current dip is merely a setup for an impending altcoin rally, and the other resolute that the broader crypto bull run has already reached its conclusion. In a post on X, Koroush Khaneghah, Founder of Zero Complexity Trading, stated, “Right now is the most divided timeline I've ever seen.
The Monetary Authority of Singapore and Vietnam's State Securities Commission have signed a Letter of Intent to collaborate on capital markets regulation and digital asset oversight.
This decision, following a resounding Senate vote last week, marks a significant victory for the crypto industry. The House vote was 292-131, showing strong bipartisan support for blocking this DeFi rule.
The central banks aims to establish standards for crypto-related services and increase market transparency while expanding investment opportunities for wealthy investors.
Gemini crypto exchange plans to expand its USD trading support for institutional clients in the European Union.
Luxury conglomerate LVMH is facing a patent infringement lawsuit from Watch Skins Corporation over NFT display technology used in TAG Heuer smartwatches.
The Bank of Russia has submitted proposals to the government to establish a regulated framework for cryptocurrency investments under a three-year experimental legal regime.
Bolivia's state energy firm YPFB will use cryptocurrency to pay for energy imports amid a painful shortage of dollars and fuel in the landlocked South American nation, a company spokesperson and a government official told Reuters on Wednesday.
Sony's Soneium will bring four mini-apps on-chain via LINE. LINE's 200 million users will gain access to blockchain gaming.
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With around 200 million active users, LINE is already a major player in digital services. By adding mini-apps to Soneium, LINE makes blockchain more accessible.
Binance has removed a market maker from its platform and seized its funds following an investigation that revealed misconduct by the entity.
Russia's move to regulate crypto for select investors could enhance market transparency and diversify investment options, impacting global crypto dynamics. The post Russia's central bank considers allowing crypto purchases for qualified investors appeared first on Crypto Briefing.
As the cryptocurrency market crashed, following stocks, investors look for discounted opportunities with strong growth potential to build long-term positions. On that, Finbold asked Grok 3 AI for a fundamental analysis on MultiversX (EGLD), from a technological and investment perspective.
TL;DR Record Surge: Stablecoin market cap skyrockets to $227.4B, up from $132B in January 2024. Top Tokens: Tether leads with $143B, followed by USDC at $57B and Ethena USDe at $5.45B. Solana's Rise & Market Shift: Solana's stablecoin volume jumps from $4B to $11.
A new report by Dragonfly revealed U.S. users were excluded from billions in crypto airdrops due to regulatory geoblocking, leading to significant financial and tax revenue losses.
The Russian central bank is considering a new experimental regime to legally authorize select Russian investors to trade cryptocurrencies.On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin (BTC). “In accordance with the instructions of the President of Russia, the Bank of Russia has sent proposals to the government for discussion on regulating investments in cryptocurrencies,” the announcement stated.
The Russian central bank is considering a new experimental regime to legally authorize select Russian investors to trade cryptocurrencies.On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin (BTC). “In accordance with the instructions of the President of Russia, the Bank of Russia has sent proposals to the government for discussion on regulating investments in cryptocurrencies,” the announcement stated.
The Russian central bank is considering a new experimental regime to legally authorize select Russian investors to trade cryptocurrencies.On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin (BTC). “In accordance with the instructions of the President of Russia, the Bank of Russia has sent proposals to the government for discussion on regulating investments in cryptocurrencies,” the announcement stated.
The Russian central bank is considering a three-year experimental regime to authorize select Russian investors to trade cryptocurrencies.On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin (BTC). “In accordance with the instructions of the President of Russia, the Bank of Russia has sent proposals to the government for discussion on regulating investments in cryptocurrencies,” the announcement stated.
Blockchain technology transforms digital processes through its decentralized system for transaction management and data storage and application development.
Researchers have uncovered a breach in a widely-used Chrome extension SwitchyOmega that exposes users to private key theft.
Sony's Soneium blockchain platform has announced a collaboration with LINE, a major messaging service, to integrate LINE's mini-apps into the Soneium ecosystem.
Sonys blockchain division is teaming up with Japanese social media giant LINE to bring its popular mini-apps to the web3 space via the Soneium network. The collaboration aims to integrate four LINE-based gamesSleepagotchi, Farm Frens, Puffy Match, and Pocket Mobleveraging blockchain for in-game rewards and purchases.
In the world of digital assets, have you ever encountered these frustrations: frequent account switching leading to misallocated funds, inefficient management of multiple cryptocurrencies, holding small cryptocurrencies that cannot be used as margin, or missing trading opportunities due to frozen finance funds?
European regulators are investigating OKX over allegations that its Web3 platform was used to launder $100 million linked to the $1.5 billion Bybit hack, according a Bloomberg report on Tuesday.
Banks need to enter the market. Regulatory uncertainty, concerns over volatility, and the perceived risks associated with digital assets have kept banks on the sidelines.
Bitcoin has the highest increase in social media discussions, followed by STRK, ETH, USDT, GROK, and USDC.
Currently, running open-source AI models locally is merely an awkward alternative to the ease of using cloud-based services like ChatGPT, Claude, Gemini, or Grok. However, running models directly on personal devices rather than sending information to centralized servers offers enhanced security for sensitive information processing and will become increasingly important as the AI industry scales.
The Web3 gaming industry is facing tighter investment conditions as capital flows become more selective, with investors prioritizing sustainable projects over hype-driven fundraising.In February, Gunzilla Games Web3 director Theodore Agranat described blockchain gaming as a “game of musical chairs” in which the same capital cycles through different projects and “no new money” comes in. The executive also said users go from project to project to extract value.
Gemini crypto exchange, founded by Cameron and Tyler Winklevoss, is expanding its trading capabilities for institutional clients in Europe by introducing US dollar payment supportGemini has partnered with Liechtenstein-based Bank Frick to enable US dollar payment rails for institutional customers in the United Kingdom and Switzerland, the firm said in an announcement shared with Cointelegraph on March 12. “We plan to expand our rollout of USD rail support to our European Union institutional customers in the next few weeks,” said Gemini's head of Europe, Mark Jennings.
Since the victory of pro-crypto candidate Donald Trump in the US presidential election, the US government's attitude towards the cryptocurrency sector has changed. Since the induction of Trump, he has introduced several pro-crypto policies. The most prominent of those policies is the establishment of a US Crypto Strategic Reserve.
TL;DR Soneium-LINE Partnership: Sony's Layer-2 blockchain platform, Soneium, has partnered with social media giant LINE to integrate four popular mini-apps on-chain. Enhanced Blockchain Experience: This move aims to provide LINE's nearly 200 million users with smoother, scalable, and more accessible blockchain interactions.
Geoblocking policies in cryptocurrency airdrops may have cost Americans up to $2.6 billion in potential earnings from 2020 to 2024, a report released Monday revealed. What Happened: Dragonfly, a cryptocurrency-focused venture capital firm, published a report detailing the financial impact of geoblocking policies on U.S. users in airdrops—a marketing stunt that involves sending free tokens to users to promote a project and drive engagement.
This emerging cryptocurrency promises unprecedented growth, with potential gains of up to 100,000%. The crypto community is abuzz with speculation about its potential.
Coinbase, one of the leading cryptocurrency exchange platforms in the United States, has announced its imminent return to India.
Generalized intents enable a new wave of dApps that can exceed the sophistication and UX of web2 while staying true to the ethos of web3.