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  • cz-and-saylor-urge-for-crypto-self-custody-amid-increasing-uncertainty
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    CZ and Saylor urge for crypto self-custody amid increasing uncertainty

    Binance CEO Changpeng Zhao said self-custody is a “fundamental human right,” while Michael Saylor said self-custody is necessary to prevent powerful actors from accumulating and abusing power. Industry heavyweights have urged crypto investors and traders to self-custody their crypto assets amid the significant market uncertainty brought on by the collapse of FTX. In a Nov. 13… More

  • digital-asset-platform-bakkt-set-to-acquire-apex-crypto-for-$200m
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    Digital asset platform Bakkt set to acquire Apex Crypto for $200M

    The company said this acquisition is expected to diversify and bolster Bakkt’s revenue as it scales its offerings. Digital asset platform Bakkt has entered into an agreement to acquire Apex Crypto, LLC from Apex Fintech Solutions, Inc. According to the agreement, Bakkt is expected to acquire Apex Crypto for the price tag of $200 million, making its… More

  • tel-aviv-stock-exchange-to-create-crypto-platform

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    Tel Aviv Stock Exchange to create crypto platform

    The five-year plan includes tokenizing various classes of digital assets and smart contracts. The Tel Aviv Stock Exchange (TASE) disclosed on Oct. 24 the creation of a blockchain-based platform to expand its trading services to cryptocurrencies and other digital assets as part of a new strategic plan for 2023 to 2027. Regarding its venture into crypto… More

  • binance-opens-two-new-offices-in-brazil-as-team-doubles-since-march
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    Binance opens two new offices in Brazil as team doubles since March

    Binance revealed it has more than 150 employees to cover its operations in Brazil and appears to be in good standing with the local government and regulatory agencies. Changpeng “CZ” Zhao-led crypto exchange Binance has opened up two offices in Brazil as the firm looks to tap the country’s emerging crypto market, with reportedly more… More

  • framework-to-ban-members-of-congress-and-scotus-from-trading-stocks-includes-crypto-provision
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    Framework to ban members of Congress and SCOTUS from trading stocks includes crypto provision

    A bill based on the proposed framework banning crypto investments could help to “restore the public’s faith and trust in their public officials,” according to Zoe Lofgren. Members of the United States House of Representatives and Senate as well as Supreme Court justices currently trading cryptocurrencies may have to stop HODLing while in office should… More

  • swift-and-symbiont-announce-corporate-data-blockchain-pilot
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    SWIFT and Symbiont announce corporate data blockchain pilot

    The message-system processes over five billion transactions a year and seeks to maintain its relevance by integrating disruptive technologies to its business. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) disclosed on Tuesday a partnership with fintech company Symbiont to provide more accurate data for financial firms through blockchain technology. Vanguard, Citigroup, American Century Investments, and Northern… More

  • opennode-sets-up-btc-payment-infrastructure-in-bank-of-bahrain-regulatory-sandbox
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    OpenNode sets up BTC payment infrastructure in Bank of Bahrain regulatory sandbox

    The kingdom in the Persian Gulf is taking its latest step in transforming its economy away from oil with the Bitcoin and Lightning Network infrastructure provider’s trial. Bitcoin infrastructure provider OpenNode will test a Bitcoin payment processing and payouts solution in the Central Bank of Bahrain’s (CBB) regulatory sandbox, the company announced Sept. 13. This… More

  • filecoin-service-provider-announces-move-to-singapore-in-light-of-tightening-restrictions-in-china
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    Filecoin service provider announces move to Singapore in light of tightening restrictions in China

    The service provider also announced the launch of a new system upgrade to increase yield efficiency. RRMine Global, a Filecoin service provider offering global cloud-computing asset management, announced Wednesday that it has shut down business operations in mainland China and is relocating its headquarters to Singapore. The company said the decision to move countries and launch… More

  • nft-creator-doodles-raises-$54m-in-funding-at-$704m-valuation
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    NFT creator Doodles raises $54M in funding at $704M valuation

    The firm said it will use the money from the raise to further enhance its intellectual property. On Tuesday, nonfungible tokens (NFTs) collection Doodles announced that it had raised $54 million at a $704 million valuation in a funding round led by Seven Seven Six, with participation from 10T Holdings, Acrew Capital and FTX Ventures.… More

  • new-regulatory-bill-grants-uruguayan-central-bank-control-over-the-nation’s-crypto-industry
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    New regulatory bill grants Uruguayan Central Bank control over the nation’s crypto industry

    The Uruguayan government introduced legislation to the parliament on Sept. 5, accelerating industry regulation. The Uruguayan government has introduced legislation to the parliament that accelerates the regulation of the crypto space in the country and establishes the central bank as the regulatory authority.Introduced on Sept 5, the bill strives to clarify the country’s regulatory framework for… More

  • us-treasury-clarifies-publishing-tornado-cash’s-code-does-not-violate-sanctions
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    US Treasury clarifies publishing Tornado Cash’s code does not violate sanctions

    Residents would not be violating sanctions by visiting Tornado Cash’s website, copying the mixer’s open-source code, nor making the code available online or in print. The United States Department of the Treasury said “interacting” with cryptocurrency mixer Tornado Cash’s open-source code, with certain provisions, would not be in violation of sanctions imposed by the Office… More

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