In a significant development for the cryptocurrency industry, BitGo has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution (MPI). This approval places BitGo at the forefront of regulated digital payment token service providers in Asia, allowing the company to offer a comprehensive range of services to
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Recently, popular cryptocurrency exchange Binance confirmed that its application, along with several other foreign-based exchange applications, has been removed from Apple’s App Store in India. Binance South Asia acknowledged the situation, stating that it is not unique to Binance and that the company remains committed to complying with local regulations and maintaining a dialogue with
BitPay, the world’s leading Bitcoin and cryptocurrency payment service, has announced a significant update to its payment experience for crypto customers. The company will now support dozens of new cryptocurrencies, allowing customers to make payments with a wider range of community-driven assets. BitPay’s latest update will offer support for popular cryptocurrencies such as Uniswap (UNI),
The US Securities and Exchange Commission (SEC) is set to make a final decision on the approval of Spot Bitcoin ETFs. As this decision looms, the Depository Trust and Clearing Corporation (DTCC) has taken a significant step by officially listing the Spot ETF tickers of investment management firms VanEck and WisdomTree. This development positions both
A new report has been released by the Digital Assets and Blockchain Technology Subcommittee of the CFTC, titled “Decentralized Finance.” The report addresses the risks associated with the rapidly growing field of DeFi and raises concerns about the lack of accountability and responsibility within DeFi systems. The release of the report aligns with previous warnings
The Securities and Exchange Commission (SEC) chairman, Gary Gensler, is raising concerns in the cryptocurrency space with his recent online post. He has taken to social media to advise investors to exercise caution and adopt proper risk management practices when engaging with crypto assets. Gensler emphasizes that despite the hype surrounding digital assets as “new
The world of cryptocurrency is constantly evolving, with new altcoins emerging on a regular basis. As investors navigate through this ever-expanding landscape, it’s crucial to analyze the market conditions and identify opportunities for potential gains. Analytics firm Santiment has recently released a list of altcoins that are displaying significant bullish and bearish divergences. By examining
As the cryptocurrency market prepares for significant movements, Bitcoin SV (BSV) has recently experienced a notable price pump. This raises the question among sidelined traders: is it too late to buy Bitcoin SV? In this BSV price analysis, we will examine the current market conditions and factors that could impact the future price of BSV.
The recent report published by global media company Forbes has garnered significant attention in the crypto community. The column predicts a staggering $80,000 price surge for Bitcoin following the approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC). This analysis, disclosed by MarketWatch from crypto analysts at AllianceBernstein, one of
The Chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler, has issued a warning to investors considering investing in crypto assets ahead of potential spot Bitcoin ETF approvals. In a series of tweets on January 8, 2024, Gensler emphasized the risks and volatility associated with cryptocurrencies and highlighted concerns about compliance with