House Financial Services Committee Advances Resolution to Repeal SEC Bulletin on Crypto Custody

by Александр Пирогов | Mar 2, 2024 | Blog News

The House Financial Services Committee of the U.S. Congress has moved to repeal SEC Staff Accounting Bulletin 121 (SAB 121), which restricts banks and financial institutions from offering cryptocurrency custody services. Resolution 109, submitted by Rep. Mike Flood...

Safeguarding Your Crypto Assets: A Guide to Preventing Hacks and losses

by Александр Пирогов | Mar 2, 2024 | Blog News

The recent surge in crypto hacks establish the importance of safeguarding your digital assets. From unauthorized access to smart contract exploits, malicious actors are constantly evolving their tactics to target users in the crypto sphere. However, by implementing...

Elon Musk Sues OpenAI and CEO Sam Altman Over Alleged Betrayal of Non-Profit Mission

by Александр Пирогов | Mar 1, 2024 | Blog News

Elon Musk has filed a lawsuit against OpenAI and its CEO, Sam Altman, alleging a breach of their founding principles. Musk contends that OpenAI’s recent partnership with Microsoft and its shift towards commercial interests contradict its original mission of...

BITUNIX Expands into Latin America, Offering Secure and Accessible Cryptocurrency Trading Platform

by Александр Пирогов | Mar 1, 2024 | Blog News

BITUNIX, a leading cryptocurrency derivatives trading platform, announces its expansion into the Latin American market, providing users with a secure and accessible platform for spot and futures trading. With over 180 cryptocurrencies available for trading and the...

Mainstream Adoption of Crypto ETFs Accelerates as Big Banks and Institutions Enter the Market

by Александр Пирогов | Mar 1, 2024 | Blog News

The US Securities and Exchange Commission’s approval of bitcoin exchange-traded funds (ETFs) has sparked a wave of adoption among major financial institutions. Bank of America’s Merrill and Wells Fargo are now offering access to crypto ETFs to their wealth...

European Union’s MiCA Regulation Set to Boost Crypto Payment Development

by Александр Пирогов | Mar 1, 2024 | Blog News

The European Union is on the brink of implementing the Markets in Crypto-Assets Regulation (MiCA), marking a significant milestone in the regulation of digital assets. While MiCA has been lauded for its focus on transparency, investor protection, and stablecoin...