Coinbase abandons plans for crypto lending product after scuffle with SEC
In its decision to withdraw its Lend product from the market after scuffle with SEC, the Coinbase alluded to the difficulty in obtaining regulatory certainty across the cryptocurrency industry. Coinbase , a cryptocurrency exchange based in the United States, has stated that it will not be continuing with its Lend crypto lending service. Coinbase explained […]
FTX expands operations with new registration approval in Bahamas
A “substantial presence” in The Bahamas is being planned by Sam Bankman-cryptocurrency Fried’s exchange, FTX. After receiving key regulatory approval in The Bahamas, FT X, one of the world’s largest cryptocurrency exchanges, has continued its expansion efforts. As of Sept. 20, FTX Digital Markets, the Bahamian subsidiary of the global FTX crypto exchange, has been […]
Kyrgyzstan’s SCNS Shuts Down Over 500 Illegal Crypto Miners
After halting the activities of a network of unauthorized mining outfits, Kyrgyzstan has taken another proactive step to combat the spread of illegal cryptocurrency mining in the nation. The State Committee for National Security of Kyrgyzstan (SCNS) has discovered and repressed the unlawful activities of about 500 Bitcoin mining farms, according to local media outlet […]
Indians settle for state-run blockchain platform in the face of bulk SMS regulations
In order to combat spam and fraud, India’s SMS regulation mandates firms to adhere to pre-registered messaging formats, which are available online. TRAI created messaging laws that involve scrubbing consumer communication messages to guarantee that the recipient of the message has given their consent to such interactions. As a part of the drive, BSNL DLT […]
Nicholas Racz becomes Strategic Advisor of Unizen (ZCX)
Unizen’s strategy and vision will be reshaped by a world-class decentralized systems researcher, Nicholas Racz. The Unizen team was the first to introduce the notion of CeDeFi, which is a bridge between two popular types of cryptocurrency protocols. Now, a new high-profile specialist will be tasked with developing the company’s commercial development and data management […]