Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

KuCoin Launches Visa-Powered Crypto Debit Card in Europe
KuCoin Launches Visa-Powered Crypto Debit Card in Europe
November 21, 2023  |  Cryptocurrency

Cryptocurrency platform KuCoin has launched KuCard, a Visa-powered crypto debit card, for use in Europe. “Accepted at millions of locations, KuCard empowers users to utilize their cryptocurrency...

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SEC Charges Kraken With Running Unregistered Securities Exchange
SEC Charges Kraken With Running Unregistered Securities Exchange
November 21, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) has charged Kraken with running an unregistered cryptocurrency exchange. The SEC’s complaint, filed Monday (Nov. 20), accuses Kraken of making hundreds of millions of dollars...

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Report: DOJ and Binance Negotiating Resolution to Investigation
Report: DOJ and Binance Negotiating Resolution to Investigation
November 20, 2023  |  Cryptocurrency

The U.S. Justice Department is reportedly negotiating with cryptocurrency exchange Binance Holdings to resolve a long-standing investigation. The department is seeking a settlement of over $4 billion...

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Regulated Digital Assets Exchange Bullish Acquires Media Company CoinDesk
Regulated Digital Assets Exchange Bullish Acquires Media Company CoinDesk
November 20, 2023  |  Acquisitions

Bullish, a regulated digital assets exchange, has acquired CoinDesk, a media, events and data company serving the global cryptocurrency economy. The move aims to accelerate...

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Liquidity Management Key to Taming FX Volatility in Emerging Markets
Liquidity Management Key to Taming FX Volatility in Emerging Markets
November 20, 2023  |  Cross-border Payments

Compared to the global standard of five to six hubs, moving money between Nigeria and China or Singapore can require navigating through up to 16...

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Dubai Crypto Chief Stepping Down Amid Regulatory Push
Dubai Crypto Chief Stepping Down Amid Regulatory Push
November 16, 2023  |  Cryptocurrency

The head of Dubai’s cryptocurrency authority is reportedly resigning after 11 months on the job. Henson Orser, who became CEO of the Virtual Assets Regulatory Authority (VARA)...

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NYDFS Issues Rules for Virtual Currency Listing and Delisting
NYDFS Issues Rules for Virtual Currency Listing and Delisting
November 15, 2023  |  Cryptocurrency

New York State’s financial watchdog has updated its rules for listing/delisting virtual currency.  The New York State Department of Financial Services (NYDFS) on Wednesday (Nov. 15)...

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Coinbase Cuts Crypto Investment Amid Wider VC Pullback
Coinbase Cuts Crypto Investment Amid Wider VC Pullback
November 15, 2023  |  Cryptocurrency

Coinbase, among the chief investors in the cryptocurrency sector, has reportedly reduced its startup funding. This pullback is part of a larger decline in investments...

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Report: Blockchain.com Funding Round Cuts Valuation in Half
Report: Blockchain.com Funding Round Cuts Valuation in Half
November 15, 2023  |  Cryptocurrency

Blockchain.com’s latest funding round has reportedly cut its valuation by more than half. The cryptocurrency exchange announced Tuesday (Nov. 14) that it had raised $110 million in a...

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