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Crypto Banking Issues Arise In United Kingdom

According to crypto advocates, several UK-based crypto companies are facing significant challenges when it comes to securing banking services. This is because numerous banks are restricting their interactions with the crypto sector, leading to a shortage of available banking partners. While the US has experienced the fallout from the collapse of Silvergate and Signature banks, … Read more

Xapo Bank Announces Users Will Be Able To Carry Out Withdrawals And Deposits For USDC

Xapo Bank has made an about its latest partnership with the stablecoin issuing company. According to the officials at the licensed private bank and the Bitcoin custodian, they have partnered with Circle, a financial technology company. The reason behind the Partnership The reason behind the partnership is to utilize the technology offered by Circle in … Read more

Things To Keep In Mind When Choosing A Crypto Exchange

Cryptocurrency has quickly become one of the most lucrative investment opportunities in recent years. The growing number of digital currencies has made it easier for people to invest in various cryptocurrencies, but it’s crucial to understand how to protect your investments. One of the primary concerns for investors is finding a reliable storage method for … Read more

Russia Reveals Over 2 Billion Rubles Worth Digital Assets Issued In 2022

Russian Investors’ Developing Interest in Digital Assets Rather Than Traditional Instruments It hasn’t yet been a year since when Russian Government implemented a policy concerning digital assets. Under the said policy, the Russian central bank allowed local entities to engage with digital financial assets (DFAs). Since then Russia has seen over 2 Billion rubles (i.e. … Read more

What Factors To Consider Before Choosing A Crypto Broker

The demand for cryptocurrency brokers has grown along with the popularity of cryptocurrencies. Between cryptocurrency buyers and sellers, crypto brokers function as a middleman. They help users manage their investments in the cryptocurrency market and make it easier for consumers to buy and sell digital currencies. But not all cryptocurrency brokers are the same and … Read more

As BUSD Liquidity Concerns Keep Rising, Coinbase Announces Suspension Of BUSD Trading

Coinbase has finally executed the suspension of the Binance USD (BUSD) that it had previously announced. According to the officials, trading for the BUSD has been suspended as they had previously communicated. BUSD Trading has been Suspended The teams at Coinbase have made the final announcement pertaining to the suspension of Binance USD. In the … Read more

Would Silicon Valley Bank’s Collapse Marks End Of “Crypto Winter”

Impact of Silicon Valley Bank’s fall onto the Crypto Industry A few days back, the US banking sector was surprised when it acknowledged the fact that Silicon Valley Bank was going to collapse. It was on 10th March 2023 when Silicon Valley Bank (SVB) announced its failure to carry on the banking business any longer. … Read more

SEC Obtains Asset Freeze In Miami-Based Crypto Asset Fraud Scheme

Authorities worldwide have been actively scrutinizing activities related to the crypto industry and these have often been followed by some serious crackdowns. The regulating authorities hunt down illicit crypto activities so that further illegal activities and infringement of laws can be prevented. SEC’s Action Against Cryptocurrency The Securities and Exchange Commission (SEC) in the US … Read more