Business Financial News

01.09 / 03:17

business Adoption Binance regulation Commonwealth Bank of Australia Binance Australia GM ‘really confident’ regulators will side with crypto

Binance Australia General Manager Ben Rose says he’s “really confident” that Australian regulators will eventually make the right choices when it comes to laws that govern digital assets in the country.

31.08 / 19:57

business ATM KC Fed tracks healthy growth of crypto ATM industry despite predatory operators

The crypto ATM business is thriving in the United States, despite criticism for illegal or predatory behavior, according to a report released by the Federal Reserve Bank of Kansas City. Crypto ATMs have a growing customer base that could sometimes benefit from better education about crypto, the report concluded.

31.08 / 18:15

business Ethereum Adoption Altcoin privacy data Worldcoin signs up over 9K users in Argentina in a single day despite criticism

Human ID project Worldcoin signed up over 9,500 users in Argentina in a single day in August, setting a record for single-day signups. To achieve this feat, facilitators onboarded participants at an average rate of less than nine seconds per person, according to an Aug. 31 announcement from the project.

31.08 / 14:57

business Blockchain Payments MasterCard credit cards Nexo Nexo launches crypto Mastercard for EEA citizens

Bulgarian decentralized lending platform Nexo has unveiled a crypto-powered debit and credit Mastercard for citizens of the European Economic Area (EEA).

31.08 / 11:07

business regulation Baidu ChatGPT OpenAI China’s Baidu and other tech companies release ChatGPT-like AI chatbots

Four China-based tech companies launched their own artificial intelligence (AI) chatbots on Aug. 30 for public use after receiving approval from the Chinese government.

31.08 / 08:41

business Art Adoption Binance F1 Binance scouts art for Pierre Gasly’s F1 helmet at Abu Dhabi GP

The winner of a new art competition hosted by Binance will see their design featured on the helmet of racing driver Pierre Gasly from the Alpine Formula One team during the Abu Dhabi Grand Prix on Nov. 26, 2023.

31.08 / 08:41

business Stablecoin Binance SEC Paxos Binance USD Support Binance pushes new stablecoin as it confirms plan to cease BUSD support

Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into a newly listed stablecoin amid plans to wind down support for BUSD.

31.08 / 06:23

business regulation SEC Court Lawyer Courts Crypto may see second wind in the US as courts 'rein in the SEC' — Lawyer

There are hopes that the United States could see a new crypto resurgence after several rulings this year have seen court judges “rein in the SEC,” according to a digital asset lawyer from K&L Gates.

31.08 / 05:33

business coinbase Coinbase CEO reveals top 10 crypto ideas he's urging devs to work on

Coinbase CEO Brian Armstrong has unveiled the ten ideas he is most excited about when it comes to crypto's future, sharing hopes that developers can use the bear market to take them to the next level.

31.08 / 04:53

business Adoption ETF SEC coinbase Bitcoin Vivek Ramaswamy: Grayscale win ‘clears a path’ for Bitcoin innovation

United States presidential candidate Vivek Ramaswamy has lauded Grayscale’s recent victory over the federal securities regulator, arguing the decision will help keep Bitcoin and blockchain innovation from going overseas.

31.08 / 00:35

business Law Adoption SEC Bloomberg Bitcoin analysts bitcoin etfs Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts

Bloomberg analysts have raised the probability for an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, following a recent Grayscale victory against the federal securities regulator.

30.08 / 18:53

business FTX Sensitive data leaked in Kroll cybersecurity breach — Report

It appears that a data breach involving FTX bankruptcy claims agent Kroll has resulted in the leak of sensitive information, contrary to earlier reports.

30.08 / 18:13

business Blockchain Survey 76% of Vietnamese crypto holders invest based on referrals — Report

Over three-quarters of Vietnamese crypto holders make investment decisions through friends' referrals.

30.08 / 16:59

business Charity Donations crypto donations Crypto donations fund fire relief efforts on Maui

Relief efforts are still underway on the Hawaiian island of Maui following a series of wildfires severely damaging major areas including Lahaina.

30.08 / 14:05

business Law regulation Department Of Justice us government FTX DOJ calls SBF's fraud allegation defense 'irrelevant,’ requests additional info

The lawyers representing the United States Department of Justice (DOJ) filed a new court document late on Aug. 29 arguing that Sam Bankman-Fried should provide additional disclosures to his planned defense.

30.08 / 14:05

business ETF SEC coinbase Bitcoin Coinbase stock surges Coinbase stock surges after favorable federal ruling for Grayscale

Coinbase's stock experienced a significant surge on Aug. 29 after reports emerged that a federal judge had ruled in favor of Grayscale in their SEC legal dispute.

30.08 / 09:57

business CBDC Adoption Central Bank Jamaican taxi drivers bullish on accepting Jam-Dex CBDC

Bus and taxi operators in Jamaica are eager to use the country’s in-house central bank digital currency (CBDC) — Jam-Dex — as locals seek operational efficiencies and reduced costs and security risks.

30.08 / 09:57

business Government Blockchain Google Cloud Services Bitcoin Google Cloud Google Cloud to digitize El Salvador's governance, healthcare and education

Google Cloud announced a new partnership with the government of El Salvador on Aug. 29 to establish an office and provide Google Distributed Cloud (GDC) services in the country.

30.08 / 05:49

business Art regulation MPs British MPs call on government to scrap AI exemptions that hurt artists

A British parliamentary committee is pressuring the government to axe plans that would allow artificial intelligence developers to freely train their systems on existing works of music, literature and art.

30.08 / 03:37

business Law Adoption Investments SEC Bitcoin bitcoin etfs week SEC's first deadlines to approve 7 Bitcoin ETFs coming over the next week

The United States Securities and Exchange Commission is facing its first deadlines to decide on seven new Bitcoin (BTC) spot exchange-traded fund applications with the latest being Sept. 4 amid its defeat to Grayscale Investments in a U.S. federal appeals court.

30.08 / 01:41

business Twitter Adoption Digital Currency Bitcoin elon Elon Musk’s X moves closer to crypto payments with new state license

Rhode Island’s regulators have granted X (Twitter) a currency transmitter license marking a step forward for the company’s foray into the financial services sector.

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