Two licences for Binance in El Salvador, PayPal launches stablecoin and bank holds $170 million in crypto
Binance receives two licenses in El Salvador Binance has received two licenses from relevant authorities, becoming the first fully-licensed crypto exchange in El Salvador. Licenses received by the venture pertain to Bitcoin Services Provider and non-provisional Digital Assets Services Provider. Both licenses will enable Binance to offer a tailor-made experience to the residents of El […]
US Presidential candidate wants to back USD with BTC, Tesla still holds bitcoin and Nasdaq stops crypto plans
Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch the service last quarter, but it has […]
Fidelity to file for bitcoin ETF, miners send BTC-record to exchanges and Bitfinex launches P2P platform
Photo by Traxer on Unsplash Fidelity about to file its own bitcoin ETF, following BlackRock’s application Major asset manager Fidelity is preparing to submit its own application for a spot bitcoin exchange-traded fund (ETF), joining other big money asset managers such as BlackRock. BlackRock had recently submitted its own spot bitcoin exchange-traded fund on the 15th of June, […]
BlackRock, Valkyrie and WisdomTree file bitcoin ETF’s
BlackRock takes giant leap toward spot bitcoin ETF with SEC filing BlackRock took a giant leap toward a spot bitcoin ETF, filing a registration statement with the U.S. Securities and Exchange Commission on Thursday. Known as the the iShares Bitcoin Trust, the Delaware statutory trust will hold assets primarily consisting of bitcoin held by a custodian designated as Coinbase […]
CZ refutes claim that Binance sold BTC and BNB, Strike expands to Mexico and Congress pushes for clear crypto rules
Photo by Kanchanara on Unsplash Strike expands lightning powered cross-border payments to Mexico Digital payments firm Strike is expanding its Lightning Network-based cross-border payments service to Mexico, the largest market for remittances from the U.S., which accounts for around 95% of total remittances received by Mexicans from abroad, according to the company. The service, Send Globally, will be available in […]