Bitstamp Secures Provisional Crypto License in Singapore
The Monetary Authority of Singapore (MAS) has awarded Bitstamp an in-principle approval for a Major Payment Institution License. Bitstamp, a cryptocurrency exchange, has been given a provisional license by the Monetary Authority of Singapore (MAS) as it continues to grow its worldwide reach and presence in Asia. According to a statement, the company was granted […]
Revolut Partners with MetaMask to Enable In-wallet Purchases
In an effort to make buying cryptocurrency straight into MetaMask wallets easier, Revolut has announced a new project created in partnership with MetaMask. The European neobank Revolut has launched a new partnership with MetaMask to streamline the purchase of cryptocurrencies and deposit them straight into MetaMask wallets. Revolut Ramp is a venture that will be […]
Binance.US Under SEC Scrutiny for Alleged Non-Compliance
According to the U.S. Securities and Exchange Commission (SEC), Binance.US has failed to reply to significant questions concerning customer assets and other crucial facets of an ongoing inquiry. In a joint status report submitted to a Washington, D.C. District Court on March 5, the SEC voiced concerns that BAM Trading Services , the company that […]
Digital Currency Group Requests NY AG Lawsuit Dismissal
With increasing regulatory scrutiny in the cryptocurrency space, DCG requests to dismiss the lawsuit filed by the NY AG that disputes fraud allegations associated with Genesis and Gemini. Digital Currency Group (DCG) has formally requested that a lawsuit filed against it by Letitia James, the New York Attorney General (NY AG), be dismissed. DCG has […]
Hut 8 Miner Shuts Down Alberta Mining Site
Bitcoin miner Hut 8 is shutting down operations at its Drumheller, Alberta, location in Canada due to unreliable power supplies and escalating energy costs. Hut 8 has announced the imminent closure of its Drumheller mining facility, which processes an estimated 1.4% of the company’s Bitcoin at a cost of approximately 11% of its hash rate […]