The Puerto Rico Office of the Commissioner of Financial Institutions has granted Binance.US a money transmitter license, the company announced on April 19. «Puerto Rico, in particular, is an important market for the growth of crypto and we look forward to continuing to offer its residents secure, reliable, and low-fee access to a robust selection […]
A class action lawsuit against developers and venture capital backers of decentralized digital assets exchange Uniswap alleges because the protocol allows users to freely list and trade tokens, its creators are responsible for “rampant fraud on the exchange,” and it needs to register as a broker-dealer with the Financial Industry Regulatory Authority, or FINRA. The […]
Coinbase chief legal officer Paul Grewal blasted the U.S. Securities and Exchange Commission (SEC) in a Twitter thread over its proposal to update its definition of an exchange, saying the SEC is “going beyond its authority.” The proposal, published in January, would expand the definition of an exchange to include “systems that offer the use […]
Cryptocurrency exchange Bitfinex reported it had to “temporarily halt trading” on Tuesday, following an issue with the platform. “We are investigating issues with the platform and have to temporarily halt trading,” Bitfinex wrote in a tweet. “We apologise for the inconvenience.” The exchange was down for about two hours starting around 11:00 UTC. It was […]
RippleNet member 2C2P has inked a strategic partnership with Ant Group, the parent company of Alipay, according to a recently published press release. Together the two companies intend to expand adoption and provide innovation to digital payments in Southeast Asia. When the partnership is completed, Ant Group will become the majority shareholder of 2C2P. The former is […]