Category: Blockchain

Turkey’s Concern for Crypto Mounts, Races to Implement Long-Awaited Regulation

Following confirmation that the long-awaited crypto regulation is ready by the Turkish President, Recep Tayyip Erdoğan, stakeholders in the country want the regulations to be implemented as soon as possible. As reported by local news platform, the Daily Sabah, key stakeholders, including members of parliament, crypto executives, and representatives of public institutions such as the

SEC Boss Appoints Corey Frayer To Advise on Crypto Policy

On December 30, the US Security and Exchange Commission (SEC) Chairman Gary Gensler hired new staff to offer advice related to crypto policy-making and inter-agency work. The SEC chair stated that Corey Frayer is set to join Gary’s executive staff as a senior adviser on the agency’s oversight of cryptocurrencies assets during the Thursday announcement.

Binance to Step up Investment in France by up to $113M

Binance is cooperating with the French financial technology industry group to invest 100 million euros, which equals $113 million to support the development of the French blockchain industry and cryptocurrency. The plan was officially announced as Objective Moon in November. The main plan of the world’s leading cryptocurrency exchange by volume is to establish a research

Binance Exchange Looks to Acquire Outstanding Shares in Swipe

Binance Exchange, the world’s biggest trading platform by volume, is ending its year in grand style, with a recent announcement that it is set to acquire the outstanding shares in Swipe, a Visa card issuing platform. Per the announcement, Binance currently works with Swipe, who is the exchange’s technology partner when it comes to issuing

Mexican Central Bank Reveals CBDC Distribution in 2024

Banco de México, the Central Bank of Mexico, has revealed that its projected Central Bank Digital Currency (CBDC), dubbed the Digital Peso, will be up for public distribution by 2024. This timeline was revealed through the official Twitter accounts of the central bank as well as that country’s president. The tweet reads: “The @Banxico reports that