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Binance Launches ‘Send Cash’ Remittance Services in Latam

September 1, 2023 0

Binance, the largest cryptocurrency exchange by volumes traded, has announced the launch of “Send Cash,” a Latam-focused remittance service. The newly launched tool will allow users in nine countries in the region to send crypto to bank accounts of friends or family in Argentina and Colombia

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US Lawmaker: Americans Don’t Need CBDC That Can Track Purchases Like China’s Digital Yuan

September 1, 2023 0

Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans have a right to financial privacy,” one congressman said, emphasizing: “We do not need a CBDC that can track your purchases like China does with their digital yuan.” Another noted: “CBDC is to sound […]

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Biden’s Regulators Urged to Work With Congress on Crypto Regulation

September 1, 2023 0

A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair Gensler’s regulation by enforcement is unlawful and does nothing to protect consumers. It’s time for Biden’s regulators to work with Congress to provide clear rules of the road and robust consumer protections […]

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Court Ruling in Favor of Grayscale Clears Path for Bitcoin Innovation in US: Vivek Ramaswamy

August 31, 2023 0

Grayscale’s court win over the U.S. securities regulator will help keep crypto innovation in America, Republican presidential hopeful Vivek Ramaswamy is convinced. While praising the “strong decision,” Ramaswamy also commented that the case should have never reached the courts. Federal Courts Are the Only Line of Defense Against Shadow Government, Ramaswamy Says The court

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Nexo Mastercard Adds Credit and Debit Toggle to Optimize Crypto Usage

August 31, 2023 0

Nexo has introduced a new “Dual Mode” feature on its cryptocurrency Mastercard, allowing users to switch between debit and credit functions to optimize cryptocurrency spending. Nexo Unveils Dual Mode Card Capabilities to Streamline Crypto Payments Nexo‘s new feature enables real-time toggling between modes within the Nexo app, providing flexibility based on users’ budgets

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7 Spot Bitcoin ETFs Face Extended Wait as SEC Seeks Deeper Analysis

August 31, 2023 0

The U.S. Securities and Exchange Commission (SEC) has deferred decisions on seven spot bitcoin exchange-traded fund (ETF) applications from Invesco Galaxy, Wisdomtree, Bitwise, Vaneck, Fidelity’s Wise Origin, Blackrock, and Valkyrie. In statements released on Thursday, the SEC underlined the necessity for a more extended timeframe to thoroughly assess the submitted

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Coinbase Debuts Paypal’s PYUSD Stablecoin; Trading to Roll Out in Phases Pending Liquidity

August 31, 2023 0

Coinbase has listed Paypal’s PYUSD stablecoin, following an announcement of its support for the digital asset just a day earlier. Should liquidity requirements be satisfied, the exchange plans to introduce trading pairs for the asset in stages. Coinbase Adds PYUSD Stablecoin Coinbase, the prominent cryptocurrency exchange headquartered in San Francisco, has incorporated

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Binance to Gradually Phase Out Support for BUSD Stablecoin

August 31, 2023 0

The world’s largest cryptocurrency exchange by global trade volume, Binance, has announced it is discontinuing support for the stablecoin asset BUSD. The trading platform is encouraging users to swap their BUSD as Binance gradually phases out BUSD markets. BUSD Support Ending on Binance, Users Told to Swap Tokens On August 31, Binance disclosed BUSD support […]

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Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand

August 31, 2023 0

On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI) as an enticing “additional opportunity.” From Bitcoin Mining ASICs […]

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Introducing ColLabs: A Web3 Investment Community by Binance Labs

August 31, 2023 0

Binance Labs, the venture capital and incubation arm of Binance, is committed to helping Web3 startups achieve success by closing the gap between mentorship and funding. They do this by leveraging technical know-how from the Binance ecosystem and offering incubation programs to early-stage startups. Recognizing that the strength of the Web3 industry lies in its […]