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Marinade Finance Restricts UK Access Following New FCA Rules

UK to Issue Crypto Regulatory Framework by Early 2025

Solana-based decentralized finance protocol Marinade Finance has blocked users from the United Kingdom in compliance with the new Financial Conduct Authority (FCA) regulations. In response to developing compliance problems, Marinade Banking, a prominent decentralized banking system on the Solana (SOL) blockchain, has imposed a block on its UK-based customers. This action reflects worries about Financial […]

Magic Eden Suspends Bitcoin BRC-20 Trading for User Safety

Magic Eden Suspends Bitcoin BRC-20 Trading for User Safety

Magic Eden, a Non-Fungible Trading (NFT) marketplace, has temporarily halted trading in BRC-20 assets to safeguard its clients’ marketplace. According to Magic Eden’s statement outlining the suspension, the BRC-20 trading will remain banned until the entire Ordinance Consensus is reached across all BRC-20 assets. Magic Eden stated that despite the inconvenience to traders, all other […]

Base Launches Boot Camp to Train Blockchain Developers

Base Launches Boot Camp to Train Blockchain Developers

An eight-week training program available by a layer-2 (L2) network of Coinbase to transform conventional software developers into blockchain developers. The Base network, a component of the larger Coinbase ecosystem, has announced the introduction of Base Bootcamp. This rigorous eight-week course will teach traditional software engineers how to create smart contracts effectively. The Base Camp […]

Coinbase Anticipates SEC Approval for US Bitcoin Spot ETF

Coinbase Anticipates SEC Approval for US Bitcoin Spot ETF

Paul Grewal, the chief legal officer at Coinbase, is certain that the Bitcoin exchange-traded fund (ETF) will soon receive approval from the U.S. Securities and Exchange Commission (SEC). Grewal told CNBC that he believes the SEC would approve a U.S. Bitcoin ETF “in short order.” Grewal’s claim follows a significant court ruling that determined the […]

BitPanda Secures VASP License in Norway

BitPanda Secures VASP License in Norway

Vienna-based crypto exchange Bitpanda has secured a virtual asset service provider (VASP) license in Norway as it continues its expansion in Europe. Bitpanda stated they had been granted a VASP license in Norway in a post on X on October 19. The exchange is the first non-local organization to accomplish this milestone. A VASP license […]