Crypto Markets 2023: A Game Changer For These Three Tokens, Experts Highlight A Strong Case For 2024
Published by Benzinga The year 2023 has been a game changer for the broader crypto community with Bitcoin (CRYPTO: BTC) riding the wave with significant gains. Digital assets also managed this year to be in the limelight for a stronger…
Derivatives Exchange Bitnomial Gains Complete Regulatory Slate From CFTC
Published by Benzinga The U.S. Commodity Futures Trading Commission (CFTC) approved a derivatives clearing organization (DCO) license for Bitnomial, the U.S.-regulated digital asset derivatives exchange announced on Wednesday. This approval, decided by a four-to-one vote at the CFTC December Open…
China uses blockchain to verify the identity of its 1.4 billion people | CoinDesk JAPAN
Blockchain technology will be used to verify the real-name identities of China’s 1.4 billion people, according to an announcement by China’s national blockchain initiative, Blockchain-Based Service Network (BSN). The move is likely to raise concerns among data privacy advocates. China’s…
Ark sells $13 million worth of Grayscale Bitcoin Trust | CoinDesk JAPAN
Cathie Wood’s ARK Invest announced on December 11th that it has raised approximately $12.85 million (approximately 1.863 billion yen, at an exchange rate of 1 dollar = 145 yen) from the company’s Next Generation Internet ETF (ARKW). ) sold a…
What is Bitcoin’s “flash crash� Why did it plummet? | CoinDesk JAPAN
Bitcoin (BTC) fell 7.5% on the morning of December 11th, marking the steepest intraday decline since mid-August. Bitcoin is still up over 150% since the beginning of the year, but a large, sudden and unexpected “red candlestick†on the chart…
Chinese government launches decentralized ID platform for 1.4 billion people, denies monitoring of citizens
Launched “real name DID†system On the 9th, the Blockchain Service Network (BSN), led by a Chinese government-related organization, announced the launch of a blockchain-based ID (identification information) verification platform, “RealDID.†BSN says RealDID will give users control over the…
CFTC Chairman Claims Cryptos Are Commodities, Urges Legal Clarity
The post CFTC Chairman Claims Cryptos Are Commodities, Urges Legal Clarity appeared first on Coinpedia Fintech News The Chairman of the U.S. Commodity Futures Trading Commission (CFTC) has recently reiterated a crucial stance. Amidst ongoing debates and a noticeable struggle…
Coinbase International Launches Non-US Spot Markets on December 14th!
The post Coinbase International Launches Non-US Spot Markets on December 14th! appeared first on Coinpedia Fintech News Coinbase International Exchange, launched in May 2023, has seen rapid growth, with over 100 institutional clients and $10 billion in perpetual futures trading…
Turkey’s Government Prepares to Introduce Crypto Legislation!
The post Turkey’s Government Prepares to Introduce Crypto Legislation! appeared first on Coinpedia Fintech News Turkey’s government is preparing to introduce new legislation for the cryptocurrency sector, but it is unclear how restrictive the new laws will be. Despite this,…
New Crypto Accounting Rules Bring Fair Value, Set To Boost Earnings For Tesla And MicroStrategy
The post New Crypto Accounting Rules Bring Fair Value, Set To Boost Earnings For Tesla And MicroStrategy appeared first on Coinpedia Fintech News According to FASB’s recent announcement, new crypto accounting rules are set to bring big changes to how…