Digital Currency Group (DCG) has reached an agreement with the creditors of its cryptocurrency lending firm, Genesis. As per court documents submitted on August 29, 2023, if the court approves the agreement, unsecured creditors could expect to recover between...
Binance has announced that it will no longer offer about 39 liquidity pools to users. The crypto exchange noted that the decision was based on its latest periodic review of listed liquidity pools aimed at optimizing trading experiences. Notable...
As central banks worldwide intensify efforts to explore the benefits and issue a central bank digital coin (CBDC) in respective countries, the Reserve Bank of Australia (RBA) has declared that the nation is not yet prepared to issue its...
Binance has launched its instant payment service, Binance Pay, in Brazil. In a blog post on August 22, 2023, the crypto exchange noted that the move was to allow local merchants to offer a new payment alternative to their...
Binance.US has announced that it has now designated USDT as the "base asset" for all its transactions in line with its transition to a crypto-only exchange. As a result, its users will have to convert their deposited U.S. dollars...
Cheongju, the capital city of South Korea's North Chungcheong province, has revealed its plans to seize cryptocurrency assets from individuals evading local taxes. According to a local report from Yonhap on August 22, 2023, Cheongju's municipal authorities have engaged...
Coinbase and Circle have announced a strategic restructuring of their partnership, ushering in a new chapter in the governance of the US Dollar Coin (USDC). In a joint blog post on August 21, 2023, the two companies unveiled a...
Valour, a subsidiary of DeFi Technologies and an exchange-traded products (ETPs) issuer, has introduced a new product, the 1Valour Ethereum Physical Staking ETP. This product is one of its new investment products designed to provide easy access to the...
Bitget has unveiled a comprehensive update to its Know Your Customer (KYC) procedures and the new policy is slated to take effect from September 1, 2023. The Seychelles-based cryptocurrency exchange announced this development on Monday, August 21, 2023, emphasizing...
On August 21, 2023, Coinrule announced a strategic partnership with Coinbase to integrate its suite of AI-automated trading tools into the crypto exchange's Advanced Trading services. According to Coinrule's announcement, its offerings include a range of features designed to...
