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🔥 Recent trademark filings could imply that Western Union wants to launch its own virtual currency exchange and cryptocurrency token.
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🇨🇷 Costa Rica could be one of the next countries to adopt bitcoin as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow bitcoin and other cryptocurrencies to serve as a form of payment. The bill also proposes that traditional banking institutions be able to serve as crypto exchanges, including custody and wallet services for their customers.
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🇻🇳 A remarkable scene in Vietnam: a street vendor offers GPUs per kilo as if they were vegetables.
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Binance founder and CEO Changpeng Zhao is looking into potentially buying banks as a way of bridging the gap between the worlds of traditional finance and crypto, according to an interview Zhao did with Bloomberg at the Web Summit conference in Lisbon.
Zhao did not name any specific targets, and also said he's open to either minority investments or a full acquisition.
«There are people who hold certain types of local licenses, traditional banking, payment-service providers, even banks. We’re looking at those things».
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Cryptocurrency exchange Binance has signed a non-binding letter of intent (LOI), intending to fully acquire the FTX exchange.
This will help to solve FTX's liquidity crunch, according to Binance CEO Changpeng Zhao.
FTX boss Sam Bankman-Fried says that things have now come "full circle" given that Binance will be the exchange's first and last investor.
The terms of the deal have not been disclosed. Binance can withdraw from the deal "at any time."
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DeCenter – Blockchain and Bitcoin
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The lending arm of crypto investment bank Genesis Global Trading is temporarily suspending redemptions and new loan originations in the wake of FTX’s collapse, Interim CEO Derar Islim told customers on a call Wednesday.
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022, according to the company’s website.
Genesis Trading, which acts as Genesis Global Capital’s broker/dealer, is independently capitalized and operated separately from that lending unit, Islim said. He added that Genesis’ trading and custody services remain fully operational.
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🔸 BNB Game - The decentralized BNB game built on a smart contract 🔸
The player activates one level in order to earn income. When a level is activated, the player occupies the last line in the level chain.
The game has 10 levels that open on schedule.
Start making a profit by opening a level. The more level you open, more profit you will get !!
💰 Base level income 74% for each cycle.
💰 Additional bonuses up to 26% from spouses up to 3rd generation.
📢 The announcement will be in a few days in the telegram channel.
JOIN US and get NFT as a gift. 🎁
About us | Website | Channel | Community Group | Twitter
The player activates one level in order to earn income. When a level is activated, the player occupies the last line in the level chain.
The game has 10 levels that open on schedule.
Start making a profit by opening a level. The more level you open, more profit you will get !!
💰 Base level income 74% for each cycle.
💰 Additional bonuses up to 26% from spouses up to 3rd generation.
📢 The announcement will be in a few days in the telegram channel.
JOIN US and get NFT as a gift. 🎁
About us | Website | Channel | Community Group | Twitter
According to a Dec. 5 statement from environmental law group Earthjustice, the government department would be looking to determine whether subsidizing crypto mining operations will raise electricity costs for Kentucky residents.
The two mining contracts under investigation include one between Kentucky Power and Ebon International LLC, which runs a 250-megawatt mining facility in Louisa, as well as mining company Bitki-KY, which operates a 13-megawatt facility in Waverly, Kentucky.
The contract proposes to give discounted electricity rates to the Ebon Facility, while the Bitki-KY has already received a $250 000 tax credit from the state of Kentucky after the passing of a Kentucky tax break bill for local crypto miners.
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Forwarded from Crypto Games • Metagarden
Media is too big
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Hurry, places are limited.
Find out more here https://honee.app/metagarden/mining-spots
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🇨🇳 Hong Kong’s crypto ambition gets subtle nod from Beijing
Hong Kong’s ambition of becoming a cryptocurrency hub is reportedly seeing subtle support from the Chinese government, in what could be seen as a contrast to the mainland’s hard-line anti-crypto stance.
In October last year, the government of Hong Kong floated the idea of introducing its own bill to regulate crypto and allow retail investors to “directly invest into virtual assets” that could possibly be in contrast to China’s widespread crypto ban.
According to people familiar with the matter, Beijing officials have not been brazenly opposed to the idea. According to a Feb. 20 Bloomberg report, it is understood that representatives from the China Liaison Office have been frequenting Hong Kong crypto gatherings seeking to understand what’s going on.
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Hong Kong’s ambition of becoming a cryptocurrency hub is reportedly seeing subtle support from the Chinese government, in what could be seen as a contrast to the mainland’s hard-line anti-crypto stance.
In October last year, the government of Hong Kong floated the idea of introducing its own bill to regulate crypto and allow retail investors to “directly invest into virtual assets” that could possibly be in contrast to China’s widespread crypto ban.
According to people familiar with the matter, Beijing officials have not been brazenly opposed to the idea. According to a Feb. 20 Bloomberg report, it is understood that representatives from the China Liaison Office have been frequenting Hong Kong crypto gatherings seeking to understand what’s going on.
@DeCenterOrg
🇰🇵 The Moscow bureau of Interpol detained a British national charged by the United States Department of Justice (DoJ).
The man is accused of conspiring to violate U.S. sanctions on North Korea.
In April 2022, alongside Spanish national Alejandro Cao De Benos, Emms allegedly provided instructions to North Korea on how it could use blockchain and cryptocurrency to launder money and evade sanctions.
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The man is accused of conspiring to violate U.S. sanctions on North Korea.
In April 2022, alongside Spanish national Alejandro Cao De Benos, Emms allegedly provided instructions to North Korea on how it could use blockchain and cryptocurrency to launder money and evade sanctions.
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IEX taps Coinbase as potential partner for regulated crypto exchange.
Coinbase Q4 revenue beats expectations, but transaction volume falls 12% from Q3.
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🇺🇸 The US Banks borrowed a combined $164.8 billion from two Federal Reserve backstop facilities in the most recent week.
$152.85 billion in borrowing from the discount window — the traditional liquidity backstop for banks — in the week ended March 15, a record high, up from $4.58 billion the previous week.
The prior all-time high was $111 billion reached during the 2008 financial crisis.
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$152.85 billion in borrowing from the discount window — the traditional liquidity backstop for banks — in the week ended March 15, a record high, up from $4.58 billion the previous week.
The prior all-time high was $111 billion reached during the 2008 financial crisis.
@DeCenterOrg