Coinbase Says Canadian License Makes It Country’s Biggest Registered Crypto Exchange
The U.S. exchange announced it had achieved “restricted dealer” status, furthering its expansion into Canada that began last year.
U.s.
Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC
The token will be “100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents.” according to the company.
The Benefits of Assets Tokenization
We need to start thinking of blockchains as infrastructure for financial innovation rather than concentrating on the prices of a few digital assets, like bitcoin and ether, says WisdomTree’s digital of digital assets, Benjamin Dean.
Binance Is Having an Odd Time
Regulatory crackdowns, and possibly whatever is happening in Nigeria.
House Republicans Demand SEC Explain What’s Up With Crypto Platform Prometheum
The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.
Do Kwon Appeal of South Korea Extradition Rejected by Montenegro Court
The decision is now final and cannot be appealed by either Kwon or the U.S., the Terra founder’s lawyer told CoinDesk.
Binance Asks Prime Brokers to Enhance KYC to Block U.S. Nationals: Bloomberg
The presence of U.S. nationals on the platform has been a contentious issue for authorities as, officially, they are banned but continue to pop up.
Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)
The CFTC-regulated platform will let traders bet on how high ETH will go this year and other price outcomes amid renewed interest in both crypto and prediction markets.
Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters
Dentons agreed to send $48 million back to Terraform after objections from Terraform’s creditors, the SEC, and the U.S. Justice Department.
How an Appeals Court Ruled on an Aspiring Class-Action Lawsuit Against Binance
The exchange must face a lawsuit, an appeals court ruled. The SEC is all over it.