Coinbase Launches Spot Trading of Bitcoin and Ether Outside the U.S.
The feature will initially launch for institutional investors but will be rolled out for retail investors in the coming months, the exchange said.
Financial
FASB Confirms ‘Fair Value’ Approach for Corporate Crypto Holdings
The new rules by the U.S. accounting standards setter would go into effect in December 2024.
Tether Scores Second-Lowest Rank in S&P Global Stablecoin Stability Assessment
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat.
Argentina’s Milei, So Far Shunning Bitcoin, Devalues Peso by More Than 50%
The government’s official rate is now 800 pesos to the dollar versus roughly 400 previously.
Turkey’s Banking Giants Go Big on Crypto as Legislation Looms
This week, two of the country’s largest banks announced crypto initiatives.
First Mover Americas: Revised BlackRock Bitcoin ETF Filing Invites Participation From U.S. Banks
The latest price moves in crypto markets in context for Dec. 13, 2023.
Sam Altman’s Retina-Scanning Orb to Become More Useful with World ID 2.0
Shopify, Minecraft, and Reddit will begin using World ID to identify certain kinds of users.
Blockstream Preps New Sale of Notes Designed to Profit From Rebounding BTC Mining-Rig Prices
Blockstream’s BASIC note is a bitcoin-denominated investment vehicle to accrue gains from the price of ASIC mining equipment, which Blockstream anticipates will rise post-halving.
HTX, Poloniex Assets are ‘100% Safe’ Says Justin Sun After $200M Hack
Both exchanges lost a combined total of more than $200 million in a series of hacks last month.
Three Arrows Co-Founder Su Zhu Faces Questioning in Singapore Court in Hunt for Assets: Bloomberg
Zhu is expected to be released from jail this month for good behavior, Bloomberg reported.