Top 10 Crypto-Friendly Banks In 2023
Banks that support cryptocurrencies accept them as a form of payment and provide customers access to cheaper transaction costs. We’ll examine the best crypto-friendly banks in 2023 in this post. Despite the fact that banks are afraid of cryptocurrencies, some have welcomed customers who use this cutting-edge digital money. One may be forced to ask, […]
Nasdaq Issues Warning To Bitfarms Over Low Stock Price
Bitfarms could face delisting risks if it fails to recover its stock price above $1 per share, this is a warning by the Nasdaq stock exchange Due to the current cryptocurrency winter, Bitfarms, a Canadian bitcoin mining company, is having compliance issues with its Nasdaq listing. On December 13, Nasdaq sent Bitfarms a warning letter […]
Australia to release ‘token mapping’ consultation paper in 2023
The Australian government will publish a consultation paper in early 2023 as part of its token mapping exercise, the paper will give insight into how certain crypto assets should be regulated, and company licensing frameworks, amongst others. Since the collapse of FTX, Australian regulatory and enforcement authorities have focused more on the crypto industry, and […]
White House remains silent on returning donations from SBF
White House press secretary Karine Jean-Pierre refused to comment and dodged questions pertaining to if President Joe Biden is planning to return the political donations worth $5.2M from ex-FTX founder Sam Bankman-Fried. Will the president give the contribution back? In a news conference on December 13, Associated Press reporter Zeke Miller questioned, “Does he call […]
Tether plans to reduce secured loans to zero in 2023
Amid the crypto market FUD and in order to reestablish trust in the customers, Tether, the biggest stablecoin issuer in the world, has promised to reduce its secured loans in reserves to zero in the coming year. The stablecoin issuer addressed recent mainstream media FUD (fear, uncertainty, and doubt) over its secured loans in a […]