KuCoin EU Expansion Halted Following Compliance Gaps Under MiCA Rules
TL;DR: The Austrian regulator FMA prohibited KuCoin EU from onboarding new customers due to a lack of key AML personnel. The recent departure of two compliance
CryptoNews (Latest Publications)
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PayPal receives takeover approaches after stock price plunge
TL;DR PayPal attracts unsolicited takeover approaches after stock plunge. Shares fell nearly 46% over the past 12 months. PYUSD stablecoin surpasses $4 billion market capitalization. PayPal
Cronje-Linked FT Token Launches With Fully Diluted Valuation Near $1 Billion
On Monday, February 23, the token from Andre Cronje—the architect behind Yearn Finance—officially began operations with a fully diluted valuation (FDV) near $1 billion. Data from
Arizona Pushes Forward With Plan to Establish State Crypto Reserve Featuring XRP
The state of Arizona is advancing in the creation of a strategic reserve of digital assets that would explicitly include XRP among its eligible assets. The SB1649 bill, introduced
10x Resarch: Ethereum Nears Key Valuation Zone
Analysis firm 10x Research revealed that the company Bitmine is facing $8.8 billion in losses on its Ether holdings. This figure even exceeds the deficit recorded
OCC Grants Crypto.com Conditional Approval for National Trust Bank Charter
Crypto.com received conditional approval from the Office of the Comptroller of the Currency to establish the Foris Dax National Trust Bank, which would operate under the name
Bitwise CIO: All Central Banks Will Own Bitcoin By 2050
Bitwise Asset Management‘s Chief Investment Officer, Matt Hougan, pushed back against Tom Essaye, founder of Sevens Reporter and former Merrill Lynch trader, after Essaye called Bitcoin a “merely speculative asset” with
Crypto.com Wins U.S. Trust Bank Approval: What Does This Mean?
TL;DR Crypto.com received conditional OCC approval to charter Foris Dax National Trust Bank, positioning custody, staking, and trade settlement under federal oversight. The move joins approvals
Web3 Funding Surges Past $100M in Latest Round of Startup Raises
Web3 ecosystem startups raised over $109 million in funding during the week of February 16–23, according to data published by CoinMarketCap Research.
Stablecore’s Jack Henry integration opens stablecoins to 1,600 banks
TL;DR Stablecore integrates with Jack Henry, reaching 1,600 US banks. Institutions can offer stablecoin accounts and 24/7 payments. Community banks now compete with giants like Citigroup
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