Existential threat? Why some banks are anxious about CBDCs
The prospect of a retail CBDC has some major banks anxious over their revenue streams.
Binance withdraws crypto license application in Germany
The crypto exchange’s move to withdraw its license in Germany comes amid reports that the exchange faced rejection from regulators.
Crypto Startup Ramp Network Starts Brazilian Unit as First Step in LatAm Expansion
A month ago, the company added the Brazilian real and other Latin American currencies to its portfolio.
Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts
A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.
Binance to Reenter Japan in August 2 Years After Regulator's Warning
Leading cryptocurrency exchange Binance will be launching its full service in Japan in August. The return was made possible by Binance's purchase of regulated crypto exchange Sakura Exchange BitCoin last November.
Bitcoin Whale Moves $37M BTC After 11 Years of Dormancy
The movement is the latest in a trend of early buyers and holders moving their tokens to new wallets after several years of inactivity.
Craig Wright Must Pay $516K to Pursue Case Against Kraken, Coinbase: UK Judge
Wright claims he’s Bitcoin White Paper author Satoshi Nakamoto and holds intellectual property rights on numerous cryptocurrencies
Dogecoin Registers Biggest Single-Day Gain in 4 Months, Futures Open Interest Tops $500M
DOGE jumped 10% on Tuesday, its biggest single-day percentage gain since April 3.
First Mover Asia: Bitcoin Awaits Its Spot ETF in Absence of a Macro Catalyst: Crypto CEO
PLUS: At least one bitcoin price indicator suggests that BTC may be turning slightly upward soon, writes a CoinDesk analyst, while Tribe Capital's managing partner sees a DeFi "resurgence."
Namibia signs crypto exchange regulation bill into law
The law will officially enter into force at a date determined by Namibia’s Ministry of Finance.
Abu Dhabi regulator grants trading firm Rain permission to offer crypto services
The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2022.
2023 Layoff Tracker: Biogen Cuts 1,000 Employees
Second quarter layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
