CANADA TO CONSULT ON CRYPTO, STABLECOINS AND CBDCS FOR REVIEWING ITS CURRENT FINANCIAL SYSTEM REGULATION|1300 HKT | 0600 UKT | 8 November 2022

by Александр Пирогов | Nov 8, 2022 | Blog News

The Canadian government has reportedly launched a consultation on cryptocurrencies, stablecoins and central bank digital currencies (CBDCs) on 3 November. The government said the country’s financial system regulation needs to keep up with the development and...

FIDELITY TO PROVIDE COMMISSION-FREE BITCOIN AND ETHER TRADING TO RETAIL INVESTORS|1300 HKT | 0600 UKT | 4 November 2022

by Александр Пирогов | Nov 4, 2022 | Blog News

Fidelity Investments has reportedly launched Fidelity Crypto, a commission-free crypto trading service for retail investors and has opened an early-access waitlist to users. The service is provided by its subsidiary Fidelity Digital Assets, which enables retail...

COINBASE TRANSACTION REVENUES FELL BY 44% IN THE THIRD QUARTER|1300 HKT | 0600 UKT | 4 November 2022

by Александр Пирогов | Nov 4, 2022 | Blog News

The US-based cryptocurrency exchange Coinbase disclosed in its shareholder letter on 3 November that the company transaction revenue in Q3 saw a 44% decrease when compared to that in Q2, which fell from $655.2 million to $365.9 million. The exchange attributed the...

META TO LAUNCH A TOOLKIT TO ALLOW CREATORS TO SELL NFT ON AND OFF INSTAGRAM|1300 HKT | 0600 UKT | 4 November 2022

by Александр Пирогов | Nov 4, 2022 | Blog News

Tech giant Meta announced on 2 November that the company will soon allow creators to make their own digital collectibles on Instagram and sell them both on and off the platform. It will initially partner with the Polygon blockchain to provide an end-to-end toolkit for...

BINANCE CEO SAID CBDC IS NOT A THREAT TO THE CRYPTO INDUSTRY|1300 HKT | 0600 UKT | 4 November 2022

by Александр Пирогов | Nov 4, 2022 | Blog News

Binance CEO Changpeng Zhao said in a news conference during the Web Summit in Lisbon on 2 November that he did not consider CBDC as a threat to Binance or other cryptocurrencies. He thought the governments’ adoption of blockchain technology that applied to CBDC could...

SOUTH KOREA PLANS TO ENACT A NEW LAW TO PUNISH UNFAIR CRYPTO TRADE ACTS IN 2023|1300 HKT | 0600 UKT | 2 November 2022

by Александр Пирогов | Nov 2, 2022 | Blog News

The South Korea’s Financial Services Commission (FSC) and the National Assembly have reportedly aimed to pass a new law in 2023, which authorizes financial authorities to oversee and penalize unfair trade acts, including the use of undisclosed information, price...