Binance, Bybit, And Other Platforms Have Been Flagged By Japan’s FSA For Operating Without Registration

On Friday, Japan’s Financial Services Agency (FSA) released a warning letter stating that several foreign cryptocurrency exchanges were conducting business in the country without proper registration. The exchanges mentioned include Binance, Bybit, MEXC Global, and Bitget. According to the FSA, these exchanges have violated Japan’s fund settlement laws by conducting crypto asset exchange business without …

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Retail Giant Pick N Pay Announces Acceptance Of Bitcoin In 1,628 Stores Across South Africa

News, Policy / By Jessica Baker

Exciting news for all the savvy shoppers out there! Pick n Pay, one of South Africa’s leading grocery retailers, has made a bold move by accepting Bitcoin payments through the Lightning Network. This exciting development comes after a successful three-month trial period, making it easier than ever to use your digital currency in your daily …

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Mastercard Unveils Web3 Artist Accelerator on Polygon to Support Emerging Talent

News, Policy / By John Williams

Mastercard and Polygon Join Forces to Help Emerging Musicians Leverage Web3 and NFTs for Success. The Web3 Artist Accelerator program would make it happen. Mastercard, the leading digital payments company renowned worldwide, has joined hands with Polygon. Both have announced their joint venture Web3 Artist Accelerator to help musicians and similar artists advance their careers. …

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Although The Proof Of Reserves System Is Improving, There Are Still Certain Issues To Be Resolved.

News, Policy / By Mark Davis

The benefits of active development initiatives are clear. But a compliant and well-behaved community depends on sound regulation as well. Proof of reserves (PoR) gives birth to rise from buzzword to growl in recent days. As the crypto globe attempts to bounce back from the fright and damages of the present crypto winters. Following a …

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First Cbdc Test Was Completed By Turkey’s Central Bank. More To Follow In 2023!

News, Policy / By Emily Carter

Turkey’s Central Bank Completed First CBDC Test The Central bank of Turkey completed its first CBDC test. It has a lot more additional tests to perform in 2023. The first test of CBRT Central Bank Digital Currency is now complete (CBDC). It tested Digital Turkish Lira, and has indicated intentions to carry out more trials …

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Nic Carter Delves Into Attestations From Ranks And Proof Of Reserves

News, Policy / By Jessica Baker

The top two crypto trading platforms in terms of proof of reserves scores were Kraken and BitMEX. Due to shortcomings, Binance ranks low. Bitcoin supporter Nic Carter has ranked the attestations supplied through well-known crypto trading platforms. He further published an in-depth review of centralized exchange proof-of-reserves. From various exchanges, Carter published a thorough analysis …

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In 2023, MicroStrategy Will Release Software Apps That The BTC Lightning Network Will Power

News, Policy / By Jessica Baker

According to Michael Saylor, MicroStrategy will run a new BTC Lightning Network that will go live in 2023. As per WU, one of these applications, in particular, would be a Lightning Network browser. Executive Chairman Michael Saylor in recent Twitter Spaces announced. He stated that the business intelligence company would release Lightning Network-based software products. …

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Brazil Legalizes Cryptocurrency Payments, Boosting Adoption and Investment in Digital Assets

News, Policy / By Jessica Baker

Brazil legalizes Cryptocurrency! Would it transform the investment sector? Will it accelerate the use of virtual assets and transform the industry drastically? Amidst the ups and downs of cryptocurrency, any amateur cannot permit market value. This makes Crypto a highly volatile asset. Yet investors for high returns and decentralization choose to invest in it. Recently, …

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The United Kingdom seeks to Launch a Regulatory Environment Regarding Stablecoin Payments

News, Policy / By Chloe Roberts

The HM treasury of the UK is engaged in installing a safe framework for the usage of stablecoins. The FSM Bill intends to regulate crypto acquisitions. On Friday, the United Kingdom HM treasury declared the Edinburgh reforms to push expansion and competitiveness in the economic sector. The Treasury is an abbreviation for His Majesty’s Treasury …

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Ripple V. Sec Lawsuit Is Near To Its Judgment

Ripple vs. SEC Lawsuit Is Near To Its Judgment

News, Policy / By Emily Carter

The case related to blockchain firm Ripple and the Securities Exchange Commission (SEC) is near the conclusion. Both parties have presented their final compliances. Notably, in the course of the hearing, the chance of winning is with Ripple. Based on the favorable ruling, several lawful specialists have conserved that Ripple stands a chance of defeating …

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