The Financial Conduct Authority (FCA) on Monday published a discussion paper with proposals for a stablecoin regime. Though the country’s Conservative government has said it wants the U.K. to …

Source: https://www.coindesk.com/consensus-magazine/2023/11/08/access-to-defi-opportunities-is-under-threat-from-within-automation-can-help/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The project’s new “NEAR DA” aims to provide an alternate venue that could handle data produced by Ethereum’s fast-growing network or auxiliary blockchains or “layer-2 networks.” Source: https://www.coindesk.com/tech/2023/11/08/near-foundation-joins-celestia-in-race-to-provide-data-availability-for-ethereum-rollups/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said. Source: https://www.coindesk.com/policy/2023/11/08/eu-banking-watchdog-issues-draft-liquidity-rules-for-stablecoin-issuers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Excluding memecoins, some 293 new tokens were added to the CoinMarketCap website, less than a fourth what was added during the bull market of late 2021, according to new …

Such rewards have been made possible as the platform was the biggest recipient of Arbitrum’s arb (ARB) token grant following a community vote in October. Source: https://www.coindesk.com/markets/2023/11/08/sol-xrp-doge-yields-on-gmx-jump-up-to-75-as-arbitrum-incentives-go-live/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Central banks will have a limited role to play relative to the private sector in CBDC issuance, the group’s general manager Agustín Carstens said. Source: https://www.coindesk.com/policy/2023/11/08/cbdcs-are-central-to-innovating-financial-systems-bis-chief-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

“We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, ” Two Prime’s Alexander Blume said. Source: https://www.coindesk.com/markets/2023/11/08/investment-advisor-two-prime-sees-2b-in-demand-for-bitcoin-backed-loans/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Cryptocurrency exchange Binance has released its web3 wallet that can be used to interact with the decentralized finance (DeFi) ecosystem. Source: https://www.coindesk.com/business/2023/11/08/binance-rolls-out-its-first-ever-self-custody-web3-wallet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coatue also marked down its stake in MoonPay by 90% Source: https://www.coindesk.com/web3/2023/11/08/opensea-investor-coatue-cuts-nft-marketplaces-valuation-by-90-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines