Binance’s regulatory trouble continues to mount as the exchange faces pushback in Europe and the United States.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Crypto debanking could drive industry underground: Australia Treasury
The Australian government is addressing the risks of cutting banking services to crypto exchanges amid flurry of banks restricting certain services over scams.
U.S. considers tightening restrictions on AI chip exports
Officials in the U.S. are considering restricting the level of computing power on chips to lessen the flow of AI chips available in the Chinese market.
ChatGPT maker OpenAI hit with class-action lawsuit over alleged data theft
AI technology has gained a lot of traction over the past year, with the EU and the U.S. already proposing legislation to regulate the nascent tech.
Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’
SEC commissioner Hester Peirce discussed a possible U.S. crypto legal framework, giving a reminder that not all uses are financial.
Italy’s central bank calls for framework to prevent stablecoin runs
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”
Will Bitcoin ever trade below $27,000 again?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin will ever be below $27,000 again. Have you missed your chance to purchase some sats at sub $30,000 levels?
Israeli authorities seize crypto from terror organizations, credit new technology
The Israeli Ministries of Defense and Justice and a number of intelligence and enforcement agencies collaborated, Chainalysis also pitched in.
Bitcoin ETF race gets hotter as ARK Invest adds surveillance agreement to application
ARK Invest and 21Shares' third application for a spot Bitcoin ETF now includes a surveillance sharing agreement.
How smart people invest in dumb memecoins: 3-point plan for success
Serious crypto investors think memecoins are stupid. But smart people are making serious money from dumb memecoins. Here’s how.
European Commission aims for universal acceptance with Digital Euro proposal
With this move, the European Commission aims to open up the payments market that has been controlled by banks, Visa and Mastercard.
Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure
The alliance intends to bring a change to the public administration and the business sector.
EU finalizes controversial smart contract kill switch rules under Data Act
The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14.
KuCoin crypto exchange to introduce mandatory KYC in July
KuCoin’s Know Your Customer checks will require new users to complete identity verification to access all services, while existing non-KYC users will not be able to deposit.
Nevada financial regulator petitions court to place Prime Trust into receivership
The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto.
Judge says arguments behind SBF’s motions to dismiss criminal charges are ‘moot or without merit’
Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and March 2024.
Gary Gensler is hurting the little guys for Wall Street
Securities and Exchange Commission Chair Gary Gensler is working to protect someone, but it’s not American investors.
Bybit’s MVP license in Dubai ‘very restricted,’ CEO says
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief
The underpinning technology for the UK CBDC could use a different ledger than the popular blockchain technology.