Binance gets greenlight to invest customer assets in US Treasury Bills

The court stipulated that Binance could invest customer funds custodied at BitGo in Treasury Bills maturing along a four-week basis.

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Bitcoin is no silver bullet for moneys ethical problems

Both Bitcoin and fiat currency are often in the firing line over ethical concerns, with a dedicated group of defenders and critics.

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M2 money supply holds the key for Bitcoins next move Market analyst

The growth of the money supply is historically correlated with previous Bitcoin price bull runs.

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Japanese listed firm adds Bitcoin as reserve asset with 117 BTC

Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million.

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Turkey tops the world in stablecoin buying share vs. GDP

Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis.

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BUSD deposits and withdrawals via OCBS suspended on Binance.US

Amid the ongoing uncertainty around the global banking turmoil, Binance’s United States-based arm Binance.US is halting some services. According to Binance.US status dashboard, the U.S. crypto exchange on March 31 disabled Binance USD (BUSD) stablecoin pairs via One Common Billing System, referred to as OCBS. The affected services include BUSD crypto deposits and withdrawals, or [...]

The post BUSD deposits and withdrawals via OCBS suspended on Binance.US appeared first on Crypto Breaking News.

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How does the monetary supply affect cryptocurrencies?

The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity. In today’s episode, crypto analyst Pechman discusses the fundamentals of [...]

The post How does the monetary supply affect cryptocurrencies? appeared first on Crypto Breaking News.

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Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ

Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins.

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Banks with crypto services require new Anti-Money Laundering capabilities

Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions.

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Is the IMF shutting the door prematurely on Bitcoin as legal tender?

Should the International Monetary Fund leave the door open for developing countries struggling with inflation? “Bitcoin was made for the Global South.”

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Naira redesign no more: President’s directive canned by Nigerian Supreme Court

The Supreme Court of Nigeria says no to redesigning the naira, ruling that the old banknotes will remain in circulation.

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Bridge the gap between traditional finance and DeFi

User location was shown to affect transaction authorisation, with Europe having the best success rates. (Read More)

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Billionaire Ray Dalio believes that fiat is in jeopardy

A Bitcoin admirer said the billionaire is close to "really understanding Bitcoin." (Read More)

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ChatGPT learns Bitcoin will end central banking and fiat currency

A Bitcoin mentor convinced ChatGPT, the AI chatbot, that Bitcoin would bring about the demise of fiat currency.

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Rewind 2022: A crypto roundup of the year and stepping into 2023

While 2022 proved catastrophic for investors across traditional and crypto markets, the crypto ecosystem’s potential has shined through the cracks of inflation and centralized custody of assets.

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What is USD Coin (USDC), fiat-backed stablecoin explained

USDC is a U.S. dollar-backed stablecoin issued by Circle and Coinbase to combat the price swings of the highly volatile cryptocurrency market.

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Waves founder announces new stablecoin as USDN depegs

Days after USDN lost its peg with USD, Waves CEO and founder Sasha Ivanov promised that his new stablecoin will be “undepeggable."

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We need to move a lot faster on Global South Bitcoin adoption — Paxful CEO

“The Global South is where we should be looking” for Bitcoin adoption, Paxful CEO Ray Youssef told Cointelegraph in an interview at the gym.

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Reserve Bank of India to reportedly launch digital rupee pilot in November

Now debuting a wholesale CBDC, the RBI plans to launch the digital rupee for the retail segment within a month in select locations.

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Greg Foss says Bitcoin is a hedge against monetary inflation: Bitcoin Amsterdam

As global inflation rumors continue to circulate, debates rage on both inside and outside of the decentralized finance space on whether Bitcoin is the answer.

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