Bank of Canada emphasizes need for stablecoin regulation
A note by Central bank researchers says regulation is the key to reaping the benefits of fiat-referenced crypto assets, stablecoin. On December 19, Bank of Canada employees published an analytical note on fiat-referenced crypto assets, also known as stablecoins. The note included an overview of the processes for producing and dispersing stablecoin, a list of […]
SBF wants to see indictment before extradition to U.S
SBF told the magistrate judge that he wanted to see the indictment against him before agreeing to be extradited to the U.S. Sam Bankman-Fried (SBF), a former CEO of FTX who is currently charged with numerous counts of wire fraud and securities fraud, reportedly stated that he would not consent to extradition to the United […]
Binance Acquires Indonesian Crypto Exchange Tokocrypto
This is the third licensed Asian cryptocurrency exchange Binance has bought this year as it expands its global reach. According to reports from the region on December 19, Binance has purchased Indonesian crypto asset dealer Tokocrypto. Binance CEO Changpeng Zhao (CZ), who confirmed the purchase in a tweet, said the transaction “simply injected more capital […]
CoinShares Begins Trading On Nasdaq Stockholm
Major cryptocurrency investment firm CoinShares has debuted trading on Nasdaq Stockholm, the primary securities exchange of the Nordic countries. On December 19, the first trading day on Nasdaq Stockholm’s main market, CoinShares made an official announcement. The stock of the crypto investment firm began trading on the exchange under the ticker CS. For the equities […]
Binance.US Agrees To Buy Voyager’s Assets For $1.02B
Voyager Digital, the bankrupt crypto lender, said Binance.US has agreed to buy its assets for $1.022 billion. In accordance with a fresh press release released on December 19, the cryptocurrency exchange Binance.US will pay $1.022 billion to buy the assets of the defunct lender Voyager Digital. The company said that Binance.US represented the “highest and […]