Regulatory tensions rise as Coinbase’s banking ambitions draw sharp opposition, highlighting risks tied to oversight gaps and institutional integration within U.S. financial …
Citing
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The city council of Haverhill, Massachusetts is set to consider a ban on cryptocurrency ATMs following a proposal for an ordinance introduced …
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DeFi
ZeroLend winds down operations, citing revenue collapse and inactive chains
by shayaanby shayaanZeroLend, a multi-chain decentralized lending protocol, announced it is permanently winding down operations after three years of activity. Founder Ryker said sustained …
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DeFi
Aave Delegate Platform Proposes Pausing Three L2 Deployments Citing Weak Revenue
by shayaanby shayaanA governance delegation platform for Aave, the largest decentralized lending platform, with more than $29 billion in total value locked (TVL), has …
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Regulation
Sam Bankman-Fried Seeks New Trial Citing Judicial Bias On Fraud Conviction
by shayaanby shayaanFTX founder Sam Bankman-Fried (SBF) has intensified efforts to overturn his fraud conviction by responding to the US government’s dismissal of his …
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Finance
Saudi Prince’s Investment Firm Shuns Crypto Investments, Citing Lack of Utility: Reuters
by shayaanby shayaanKingdom Holding, the investment firm of Saudi Arabian Prince Alwaleed Bin Talal, won’t invest in cryptocurrency in the near future because it …
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Crypto exchange Bybit said it will temporarily suspend its services for its users in India in response to regulation in the country. …
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Crypto.com has reportedly started enforcing the European Union’s Travel Rule, blocking a user from making an XRP deposit. The EU rule, Regulation …
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Markets
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass
by shayaanby shayaanThe Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry’s high power consumption, Tass reported. …
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Regulation
Coinbase Terminates USDC Yield Program for Users in the European Economic Area Citing New EU Regulations
by shayaanby shayaanThe top US-based crypto exchange by trading volume is ending its USDC Rewards program for European users. According to a screenshot shared …