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Voyager Digital set to reopen app for fund withdrawals

0xMain
June 15, 2023

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Voyager Digital, the crypto brokerage firm that filed for Chapter 11 bankruptcy almost a year ago, is preparing to reopen its app and enable customers to withdraw their funds. After a long wait, users can initiate withdrawals between June 20 and July 5....

Bybit trading volumes surge amid USDC volatility

Over $250m worth of OP tokens set to enter circulation

0xMain
May 29, 2023

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A substantial number of $OP tokens, totaling 154.6 million ($252 million), will be unlocked within a day, making them accessible for trading or transfer. This represents approximately 3.6% of the total supply and a significant 46% of the circulating supply. $252 million in...

Bybit set to expand into Kazakhstan following regulatory approval

0xMain
May 29, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bybit, currently the second-largest cryptocurrency derivative exchange worldwide by volume, has been granted in-principle approval by the Astana Financial Services Authority (AFSA) of Kazakhstan to offer a range of...

Hong Kong set to offer retail crypto trading licenses soon

0xMain
May 23, 2023

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Hong Kong’s financial regulator is set to roll out a new framework that would allow retail investors to trade crypto assets like BTC and ETH, and will also include measures to protect investors. New guidelines set to commence in June 2023 The Securities...

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Venom Foundation partners with Kenyan government to set up blockchain hub

0xMain
May 11, 2023

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Venom Foundation, the team behind the ADGM-licensed decentralized network, has signed a Memorandum of Understanding (MOU) with the Kenyan government to set up a blockchain hub. Venom Foundation partners with Kenyan government Through the partnership, Venom Foundation seeks to stimulate regional economic growth...

ECB approves third digital euro design options set

0xMain
April 26, 2023

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The European Central Bank (ECB) released its third progress report on the digital euro today, along with the findings of focus groups commissioned to gather people’s views on the features of a potential digital wallet. The announcement presents a third set of approaches...

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Singapore to help banks set standards for vetting crypto businesses

0xMain
April 6, 2023

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Singapore’s central bank and the police are reportedly working on establishing guidelines that would help traditional financial institutions in the city-state to improve the process of accessing potential crypto clients. Bloomberg reported on April 6 that the Monetary Authority of Singapore (MAS) and...

Tether set to post $700m in profits for Q1 2023

0xMain
March 25, 2023

700m, Hacking, post, profits, set, Tether

Tether, the company behind the most widely used stablecoin, USDT, has announced that it expects to report a profit of $700m for Q1 2023. According to Tether’s chief technology officer (CTO), Paolo Ardoino, the projected profit for Q1 2023 would match the profit...

Argentina’s NSC set to establish regulations for crypto businesses

0xMain
February 8, 2023

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Crypto companies domiciled in Argentina will be subjected to the newly established regulatory requirements of Argentina’s National Securities Commission (CNV). According to the CNV, the fundamental motivation behind the new regulations for cryptocurrency businesses is to adhere to the global standards demanded by...

UK regulators to set new rules for crypto ads

0xMain
February 6, 2023

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The United Kingdom’s Financial Conduct Authority (FCA) informed crypto companies targeting U.K. investors to prepare for an incoming regulation regarding cryptocurrency promotions. In an official press release on Feb. 6, 2023, the FCA said companies operating within the U.K. and outside the country...