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Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform – Regulation Bitcoin News
Twitter · Netherlands

Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform – Regulation Bitcoin News

Coinbase will require Dutch customers to provide KYC information for non-custodial and third-party wallets. The 1977 Sanctions Act is codified by the Dutch Authority for Financial Markets (AFM) and Netherlands Central Bank (DNB) This means that any Dutch VASP for that matter must identify who the crypto transfer is going to.See the Story
Chinese State-Run Media Warns About Bitcoin's Price Falling to Zero as Regulators Issue Fresh Crypto Warning – Featured Bitcoin News
Bitcoin

Chinese State-Run Media Warns About Bitcoin's Price Falling to Zero as Regulators Issue Fresh Crypto Warning – Featured Bitcoin News

Chinese state-run paper has distributed an article cautioning about bitcoin’s value tumbling to zero in the midst of the crypto market auction. In the mean time, monetary controllers in Shenzhen have given another admonition about cryptocurrency. The article cautioned that financial backers ought to be careful with the gamble of bitcoin costs heading to zero.See the Story
Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta – Metaverse Bitcoin News
Mark Zuckerberg

Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta – Metaverse Bitcoin News

Mark Zuckerberg, the CEO of Meta Platforms, previously Facebook, discussed the metaverse in a meeting on Wednesday with Jim Cramer, the host of CNBC's Mad Money. The Facebook prime supporter made sense of that he expects the Metaverse to be a significant piece of his organization's business throughout the following ten years. Zuckerberg said:Our playbook over time has been build services, try to serve as many people as possible.See the Story

Latest News Stories

Bitcoin

Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure – Bitcoin News

Voyager Digital Holdings, Inc. has revealed a collaboration with Alameda Ventures. The venture company has provided Voyager with a line of credit. Voyager said in a note to investors that it is owed 15,250 BTC and 350 million USDC. Voyager's TSX-listed stock plummeted after the announcement losing more than 50% in value.See the Story
Money

CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor – Emerging Markets Bitcoin News

The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. Godwin Emefiele added the digital currency would be necessary in the future to ensure Nigeria is competitive as the world becomes increasingly digital.See the Story
Money

Binance Launches New Platform for VIP and Institutional Crypto Investors – Exchanges Bitcoin News

Crypto trade Binance has sent off another stage for VIP and institutional financial backers. The VIP program permits Binance clients to get rewarded with more discounts and VIP privileges. The U.S. Protections and Exchange Commission (SEC) is supposedly examining Binance's BNB token.See the Story
Bitcoin

Harmony's $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst – Bitcoin News

The total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao's TVL dominates by 10.37% this weekend. Despite smart contract tokens seeing some gains this week, the TVL across the cross-chain bridge sector is down 60.4% during the past 30 days.See the Story
Central Bank · Shenzhen

Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency – Featured Bitcoin News

The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen. The digital yuan can be used at nearly 5,000 stores with no minimum purchase required. This is the first time that the issuance of digital yuan includes all eight pilot banks and a range of sectors.See the Story
Whales

Whale Watching: A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales – Bitcoin News

The top 100 richest ethereum addresses hold 39.81% of the current ether in circulation. Many of the 100 richest addresses are centralized exchange platforms and decentralized finance (defi) protocol reserves. Whalestats.com monitors whales worth an average of $75,905,160 and hodl 10,236 ETH, 34 tokens, and 1 NFT.See the Story
Central Bank

Report: Morocco's Central Bank to Unveil Crypto Regulation Bill Soon – Regulation Bitcoin News

Bank Al-Maghrib (BAM) governor Abdellatif Jouahri has reportedly said the central bank is working on a cryptocurrency regulation bill. The governor also revealed his institution has engaged both the International Monetary Fund (IMF) and the World Bank over the benchmarks that will be used. The framework being worked on will also see Morocco's money laundering and anti-terrorism financing regulations being upgraded.See the Story

Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital – Mining Bitcoin News

100 Russians Lose Mining Machines Worth 100 Million Rubles. Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners of which have been accused of large scale fraud.See the Story
Money

Value Locked in Defi Jumped 7% in 5 Days — Harmony's Horizon Bridge Siphoned for $100M – Defi Bitcoin News

The total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao's TVL dominates by 10.37% this weekend. Despite smart contract tokens seeing some gains this week, the TVL across the cross-chain bridge sector is down 60.4% during the past 30 days.See the Story

Singapore Based Crypto Exchange Bybit Expands to Argentina – Exchanges Bitcoin News

Bybit, a Singapore-based, top-ten crypto exchange by volume traded, has announced that it will expand its trading operations to support Argentinian customers directly. The company will offer all of its available services and investment instruments in Argentina, and an APY of 22% on Dai deposits. The platform will be available in Spanish, the native language of the country.See the Story

Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet – Metaverse Bitcoin News

Meta Pay is a new digital wallet that will support the economy of users in the upcoming iteration of Meta's metaverse. The wallet, dubbed Meta Pay, will be an evolution of what is known today as Facebook Pay. The company recently partnered with Microsoft and other companies such as Epic Games to launch an open standards group for all things Metaverse.See the Story
Bitcoin

A String of 200 'Sleeping Bitcoins' From 2010 Worth $4.27 Million Moved on Friday – Bitcoin News

Bybit, a Singapore-based, top-ten crypto exchange by volume traded, has announced that it will expand its trading operations to support Argentinian customers directly. The company will offer all of its available services and investment instruments in Argentina, and an APY of 22% on Dai deposits. The platform will be available in Spanish, the native language of the country.See the Story

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