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[ad_1] Cryptoasset businesses in the United Kingdom could now begin withholding certain crypto transfers to comply with the new Travel Rule for crypto that came into effect on Sept. 1. The rules targeting virtual asset service providers were first introduced by the Financial Conduct Authority on Aug. 17, and see to it that VASPs based in […]

[ad_1] The financial industry is no stranger to instability and unpredictability, and recent economic turmoil has once again focused attention on Bitcoin’s function in times of crisis. As traditional markets fluctuate and global events cause waves of worry, the question of whether Bitcoin can be used as a safe haven or a speculative asset becomes

[ad_1] HashKey Exchange, the first licensed retail virtual asset exchange, announces its official launch today. Together with executives from the HKSAR government, top-tier banks, insurers, and Big 4 auditing firms, HashKey Exchange held the grand launch in Hong Kong. Direct USD and HKD transfers from bank accounts are supported. The exchange, which received approval back

[ad_1] Coinbase and other crypto-related companies witnessed a significant rise in stock prices following reports that Grayscale has emerged victorious in its lawsuit against the United States Securities and Exchange Commission (SEC). On Tuesday, August 29, the US District of Columbia Court of Appeals ruled that the SEC did not provide a “consistent justification” for

[ad_1] ETF analyst Eric Balchunas and James Seyffart say the odds of a Bitcoin spot ETF approval this year are 75%. The Bloomberg ETF analysts say the SEC has “very little wiggle room” and that denying spot ETFs further would be “politically untenable”. The SEC has suffered both legal and PR loss after Grayscale’s win.

[ad_1] Key Points * Binance successfully completes BNB Smart Chain (BEP20) network upgrade and hard fork. * Deposits and withdrawals were temporarily suspended from approximately 07:15 am UTC and have now resumed. * The announcement was made on August 30, 2023, at 11:14 AM, and garnered significant attention on social media. Binance, a global leader

[ad_1] Bitcoin price rose to highs of $28,142 on crypto exchange Bitstamp on Tuesday. The gains came as the crypto market reacted to news of Grayscale’s win against the SEC. Bitcoin price saw a huge spike in volatility on Tuesday afternoon as prices across the crypto market rose. The world’s largest cryptocurrency by market cap

[ad_1] Miami Mayor Francis Suarez, one of the few cryptocurrency-friendly candidates running for president of the United States in 2024, has announced he will be suspending his campaign. In an Aug. 29 announcement on X (formerly Twitter), Suarez said that while running for U.S. president had been “one of the greatest honors of [his] life,”

[ad_1] Welcome to The Market’s Compass US Index and Sector ETF Study, Week #453. This week’s edition continues to highlight the technical changes of the 30 US Index and Sector ETFs that I track on a weekly basis and publish every third week. Paid subscribers will receive this week’s unabridged Market’s Compass US Index and

[ad_1] The recent Argo Blockchain financial report presents a mixed bag, with the company making strides in reducing operational costs and debt, but also facing a decline in revenue and a net loss. The publicly-listed firm’s results for the first half of 2023 show what problems the mining industry centered around Bitcoin (BTC) and other