UK Crypto Rules Set a Modest Post-Brexit Divergence From the European Union
The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures.
Russia’s Sberbank Will Introduce DeFi Platform by May: Report
The bank’s blockchain product director believes DeFi will one day replace traditional banking services.
Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn’t finalized.
UK Bank Nationwide Has Restricted Card Payments to Binance
Nationwide said it has taken this decision due to “media coverage” and “regulatory uncertainty.”
Binance-WazirX Dispute Rages as the Indian Crypto Exchange Is Told to Move Funds Out of Binance
The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration.
Indonesia Delays Crypto-Stock Exchange Launch Again, This Time Until June: Report
The government, which is in the process of changing regulators for crypto, had initially planned to roll out the trading platform by end-2021.
Binance Re-Enters South Korea by Buying Majority Stake in Crypto Exchange GOPAX
The acquisition sees Binance re-enter the South Korean market, having closed its affiliate there in December 2020 due to low usage.
Bitcoin Market Sentiment Is Most Bullish in 14 Months With US Jobs Report Due
The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021.
Bankman-Fried Family Subpoenas Opposed by US Government in FTX Filing
Planned demands for information on the crypto exchange’s dealings would duplicate the work of the independent examiner who has yet to be appointed, the US Trustee said
India Reveals IMF Is Working With G-20 for Crypto Regulations
India has officially revealed details of the ongoing work in the G-20 around how to regulate crypto.