Tag: Binance

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Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days

Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above the $50 billion mark, but this week the crypto…
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Thai SEC Comes After Bitkub Exchange, OpenSea Rewards Whitehats, BIS Working With (at Least) 7 Central Banks on CBDC Projects + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Thai SEC Comes After Bitkub Exchange, OpenSea Rewards Whitehats, BIS Working With (at Least) 7 Central Banks on CBDC Projects + More News  Read more »Sign up for e-EUR – the…
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Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Report

Crypto exchange Binance is reportedly seeking to reenter the Japanese crypto market. The company exited Japan four years ago after the country’s financial regulator warned that Binance was operating illegally without a license. Binance Wants Back in Japan Crypto exchange Binance is seeking a license to return to the Japanese crypto market, four years after…
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Binance Makes a Move on Japan

Major crypto exchange Binance is seeking a license to operate in Japan, four years after leaving the country, Bloomberg reported, citing people familiar with the matter. The move comes as Japan looks to adopt more web3-friendly policies and shows a generally friendlier approach to crypto. Additionally, “substantial potential for user growth” is cited as a key…
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Binance Resumes Offering Futures Trading Products to South African Users

One of the world’s biggest cryptocurrency exchanges by volumes traded, Binance, has said its futures products are now available to eligible South African users. In a message to its users, Binance suggested it has rectified issues with the regional regulator and that its activities in South Africa are now above board. Products Offered Unchanged Almost…
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Binance Reportedly to Go (Back) Big in Japan, Kraken Rejects SEC, China Gets Metaverse Engineering Department + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Binance Reportedly to Go (Back) Big in Japan, Kraken Rejects SEC, China Gets Metaverse Engineering Department + More News  Read more »Sign up for e-EUR – the progressive stablecoin

3 reasons why USDC stablecoin dropping below $50B market cap is Tether’s gain

The stablecoin’s top-rival Tether has witnessed growth in its market cap, on the other hand. The market capitalization of USD Coin (USDC), a stablecoin issued by U.S.-based payment tech firm Circle, has dropped below $50 billion for the first time since January 2022. On the weekly chart, USDC’s market cap, which reflects the number of…
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Merchant Crypto Payments: Clever Marketing or Signs of Real Adoption?

Andrey Diyakonov is the Chief Commercial Officer at Choise.com, a MetaFi (CeFi/DeFi) ecosystem based on Crypterium CeFi solutions and Charism DeFi protocol.__________ Earlier this year, all the news about digital assets was about the ongoing crypto winter, the bankruptcy of lenders and other projects, and major black swan events like Axie Infinity’s Ronin bridge hack…
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Who Are Binance’s Magnificent 11 and Why Are They So Important for its Global Success?

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the creation of an eleven-person all-star team of experts in public policy, government, finance, economics, and corporate governance to spearhead its global success. … Read More: Who Are Binance’s Magnificent 11 and Why Are They So Important for its Global Success?  Read more »Sign up…
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Binance Creates Global Advisory Board to Tackle Regulatory Challenges

An international group of experts with extensive background in public and corporate governance will advise global cryptocurrency exchange Binance on regulation. The move is an indication of Binance’s focus on compliance and collaboration with regulators, according to its management. Crypto Exchange Binance Secures Qualified Advice on Regulatory Matters Binance, the world’s leading digital asset…
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