Category: CoinDesk
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance. Source: https://www.coindesk.com/policy/2023/12/27/hong-kong-regulators-propose-mandatory-licenses-for-fiat-backed-stablecoin-issuers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations. Source: https://www.coindesk.com/es/markets/2023/12/27/long-crypto-traders-see-190m-in-losses-as-bitcoin-retreats-after-apparent-mtgox-repayments/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show. Source: https://www.coindesk.com/es/markets/2023/12/27/smart-money-is-record-long-on-btc-ahead-of-expected-bitcoin-etf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Shifke is the CFO of Silbert’s Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC filing. Source: https://www.coindesk.com/business/2023/12/26/barry-silbert-resigns-as-grayscale-chairman-to-be-replaced-by-mark-shifke/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Some liquidity pools built on the Metis network are offering as much as 200% in annualized fee rewards to users. Source: https://www.coindesk.com/tech/2023/12/26/metis-surges-50-as-ecosystem-projects-eye-360m-in-grant-rewards/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Payments through bank accounts are still awaited. Source: https://www.coindesk.com/business/2023/12/26/mt-gox-appears-to-have-started-paypal-repayments-tied-to-2014-bitcoin-hack/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Affected user balances will be restored as no private keys were stolen in the exploit, developers said on X. Source: https://www.coindesk.com/tech/2023/12/26/telcoin-suffers-apparent-exploit-related-to-polygon-wallet-implementation-tel-drops-40/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin’s dominance by futures open interest has declined to 38% from nearly 50% two months ago. Source: https://www.coindesk.com/markets/2023/12/26/bitcoin-futures-open-interest-slides-as-altcoin-profits-allure-traders/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry’s development, which it sees as a pillar of economic reform. Source: https://www.coindesk.com/policy/2023/12/25/japans-cabinet-proposes-scrapping-corporate-tax-on-unrealized-crypto-gains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Memecoin traders and airdrop farmers are bringing more attention to Solana. Source: https://www.coindesk.com/markets/2023/12/23/solana-sol-rallies-past-100-continuing-torrid-month/?utm_medium=referral&utm_source=rss&utm_campaign=headlines