“We don’t believe any trading venue, centralized or decentralized, has any business, launching their own asset that gets traded, even a stable asset that people settle in,” Rafique said. “There are many conflicts of interest that exist. It goes back to our philosophy around native tokens. We aren’t building our company around a native token offering.” Source link

Switzerland is a “pivot point” for crypto adoption in Europe and continues to be the “center point of the next stage of institutionalization,” said Dr. Dirk Klee, CEO of Bitcoin Suisse.  The CEO divulged why Switzerland is still the top spot for crypto in Europe and will continue to attract institutional investors in an exclusive Cointelegraph interview streetside in Davos, Switzerland.  We have boots on the ground in Davos! Our reporter @gazza_jenks speaks to Dr. Dirk Klee, CEO of

Switzerland is a “pivot point” for crypto adoption in Europe and continues to be the “center point of the next stage of institutionalization,” said Dr. Dirk Klee, CEO of Bitcoin Suisse.  The CEO divulged why Switzerland is still the top spot for crypto in Europe and will continue to attract institutional investors in an exclusive Cointelegraph interview streetside in Davos, Switzerland.  We have boots on the ground in Davos! Our reporter @gazza_jenks speaks to Dr. Dirk Klee, CEO of

National Australia Bank (NAB) is set to become the second “Big 4” Australian bank to launch an Australian dollar-pegged stablecoin on the Ethereum network. Set to launch sometime in mid-2023, the AUDN stablecoin is aimed at streamlining cross-border remittances and carbon credit trading, according to a Jan. 18 report from the Australian Financial Review (AFR). NAB’s chief innovation officer Howard Silby said the decision to mint the AUDN stablecoin on Ethereum — which is backed 1:1 by… Source link

Bitcoin and Ether fell Thursday morning in Asia, along with most other top 10 non-stablecoin cryptocurrencies on concerns about the direction of the U.S. economy and interest rates. Prices also lost ground overnight after the U.S. said it would take what it called “a major, international cryptocurrency enforcement action.” This turned out to involve the relatively market-underwhelming arrest of the Russian owner of Hong Kong-registered exchange Bitzlato Ltd., but prices didn’t… Source link

Good morning. Here’s what’s happening: Prices: Bitcoin and ether spend their Wednesday in the red. Insights: Embattled crypto exchange FTX and several venture capital firms hold a ton of illiquid tokens such as Serum (SRM). Prices CoinDesk Market Index (CMI) 1,004.63 −4.3 ▼ 0.4% Bitcoin (BTC) $20,868 −64.2 ▼ 0.3% Ethereum (ETH) $1,554 +5.7 ▲ 0.4% S&P 500 daily close 3,999.09 +15.9 ▲ 0.4% Gold $1,920 +1.9 ▲ 0.1% Treasury Yield 10 Years 3.51% ▲ 0.1 BTC/ETH prices per CoinDesk… Source link

LTC’s Open Interest fell by 9% in the last week. Regardless, investors remained bullish. Despite the rally in the count of Litecoin [LTC] transactions above $100,000 since the year began, the steady fall in the alt’s Open Interest in the last week indicated that bearish sentiment was returning to the market. Read Litecoin’s [LTC] Price Prediction 2023-24 According to data from on-chain analytics platform Santiment, the count of LTC transactions above $100,000… Source link

Genesis Global Capital, the institutional crypto brokerage whose lending unit halted customer withdrawals in the aftermath of FTX’s failure, is laying the groundwork for a bankruptcy filing, according to reports. This article originally appeared in Crypto Markets Today, CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Subscribe to get it in your inbox every day. Bloomberg reported Genesis is in confidential negotiations with various creditor groups, with the… Source link

Genesis Global Capital, the institutional crypto brokerage whose lending unit halted customer withdrawals in the aftermath of FTX’s failure, is laying the groundwork for a bankruptcy filing, according to reports. This article originally appeared in Crypto Markets Today, CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Subscribe to get it in your inbox every day. Bloomberg reported Genesis is in confidential negotiations with various creditor groups, with the… Source link

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