BINANCE TO HIRE 500 NEW EMPLOYEES BY JUNE, DENIES LAYOFF RUMORS|1300 HKT | 0600 UKT | 3 March 2023

by Александр Пирогов | Mar 3, 2023 | Blog News

In response to enquiries from Cointelegraph, the spokesperson of Binance denied that the crypto exchange had any plans to lay off staff and said it sought to fill 500 new roles by the end of June. The statement came in contrast to a spate of layoffs in the crypto...

COINBASE SEVERS TIES WITH SILVERGATE BANK AMID ONGOING INVESTIGATION |1300 HKT | 0600 UKT | 3 March 2023

by Александр Пирогов | Mar 3, 2023 | Blog News

US-based crypto exchange Coinbase has reportedly severed its ties with Silvergate Bank as its USD banking partner, citing an ongoing investigation. Instead, Coinbase will use Signature Bank to facilitate institutional client cash transactions for its prime customers....

FRENCH NATIONAL ASSEMBLY PASSES STRICTER CRYPTO LICENSING RULES TO ALIGN WITH PROPOSED EU STANDARDS |1300 HKT | 0600 UKT | 2 March 2023

by Александр Пирогов | Mar 2, 2023 | Blog News

The French National Assembly has reportedly passed a bill relating to stricter licensing rules for new crypto companies to align with proposed EU standards. The bill mandates France-based VASPs to adhere to stricter anti-money laundering regulations, segregate...

VISA AND MASTERCARD DELAY NEW CRYPTO PARTNERSHIPS AMID REGULATORY UNCERTAINTY |1300 HKT | 0600 UKT | 2 March 2023

by Александр Пирогов | Mar 2, 2023 | Blog News

Visa and Mastercard have reportedly decided to delay launching new partnerships with crypto companies until there is more clarity in the regulatory framework and the market conditions improve. The spokesperson at Visa stated that the recent high-profile failures in...

BINANCE USD FACES MAJOR OUTFLOW FOLLOWING REGULATORY CRACKDOWN ON ITS ISSUER |1300 HKT | 0600 UKT | 2 March 2023

by Александр Пирогов | Mar 2, 2023 | Blog News

Binance’s stablecoin, Binance USD, has experienced a significant outflow of almost $6 billion following a recent US regulatory crackdown on its issuer Paxos Trust Company. The US Securities and Exchange Commission (SEC) has previously alleged that the token was...

UAE EMIRATE TO LAUNCH A FREE ZONE TO ATTRACT DIGITAL AND VIRTUAL ASSETS SERVICE PROVIDERS |1300 HKT | 0600 UKT | 1 March 2023

by Александр Пирогов | Mar 1, 2023 | Blog News

Ras Al Khaimah, one of the seven Emirates of the UAE, will reportedly launch the world’s first free zone dedicated solely to companies operating in the crypto industry. The RAK Digital Assets Oasis (RAK DAO) allows entrepreneurs to have complete ownership of their...