crypto
🎉Crypto exchanges Binance and OKX lead in “Proof of Reserves” (PoR) practices Paid Members Public
🎉Crypto exchanges Binance and OKX lead in “Proof of Reserves” (PoR) practices ➡️Analysts at CryptoQuant compared the reserve ratios of five major crypto exchanges and found that Binance ranks first in terms of transparency, consistently maintaining a coverage level well above 100% and publishing its PoR reports on a monthly
🎉Thailand🇹🇭: KuCoin exchange launches a regulated cryptocurrency platform Paid Members Public
🎉Thailand🇹🇭: KuCoin exchange launches a regulated cryptocurrency platform 🔴KuCoin exchange has obtained SOC 2 Type II and ISO 27001 certifications. 🔴Following this, it acquired ERX, the first digital token platform in Thailand regulated by the Securities and Exchange Commission (SEC). The regulator approved the operation after the acquisition. ➡️At the
🎉The Canadian software developer for stores, Shopify, integrates USDC with Coinbase and Stripe Paid Members Public
🎉The Canadian software developer for stores, Shopify, integrates USDC with Coinbase and Stripe Stablecoins are entering everyday commerce. 🔴The new system is set to launch later this year, available through Shopify Payments and Shop Pay.s ➡️Merchants on the Shopify🇨🇦platform will soon be able to accept USDC payments from
🤷♂️Problems with stablecoins: Payoneer’s🇺🇸CFO believes the payments sector is not really ready for them yet Paid Members Public
🤷♂️Problems with stablecoins: Payoneer’s🇺🇸CFO believes the payments sector is not really ready for them yet Several companies, including Mastercard, PayPal, and now Payoneer, are exploring the possibility of using stablecoins for cross-border payments. 🔴The main issue, according to Payoneer’s CFO, Ms. Ordoñez, lies in the “last mile”
⚠️The adventures of cryptocurrency exchanges in Europe Paid Members Public
⚠️The adventures of cryptocurrency exchanges in Europe Coinbase and Gemini are preparing to enter the European market with licenses issued by “small” countries: one is about to obtain registration in Luxembourg🇱🇺 and the other in Malta🇲🇹. However, this approach raises concerns among regulatory bodies. ➡️What’s the problem? Firstly, licenses
🐷🐷🐷 For the first time in Argentina🇦🇷: the courts blocked a crypto platform for refusing to provide information in a fraud case Paid Members Public
🐷🐷🐷 For the first time in Argentina🇦🇷: the courts blocked a crypto platform for refusing to provide information in a fraud case The case involves the Chinese platform HTX🇨🇳, and stems from a user complaint filed after losing 13 USD in 2022. ➡️ The user was the victim of a fraud scheme
⚡️On Russia Day🇷🇺 — about red flags: what you need to remember when cashing out crypto in Russia Paid Members Public
⚡️On Russia Day🇷🇺 — about red flags: what you need to remember when cashing out crypto in Russia Stricter regulatory oversight may push crypto cash-outs via bank accounts into a legal “gray zone”. ➡️ High-risk transactions: cryptocurrency operations are automatically flagged as suspicious due to the anonymity of blockchain, which makes it
⚡️Lithuania🇱🇹 grants first crypto license to Robinhood Europe Paid Members Public
⚡️Lithuania🇱🇹 grants first crypto license to Robinhood Europe The European branch of U.S. fintech Robinhood has received authorization to offer custody, management, and transaction services with crypto assets in Lithuania, allowing it to also operate across the European Union. 💘 Lithuania is emerging as a key jurisdiction for fintech companies