Payments giant PayPal will temporarily pause crypto purchases in the United Kingdom until early 2024, the company said Wednesday, citing new rules by the country’s financial regulator. Source: https://www.coindesk.com/business/2023/08/16/paypal-to-stop-crypto-purchases-in-uk-until-2024/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Fintech, Web3, and artificial intelligence are one economic whole, and our ability to grow each relies on their deep synthesis, says Lex Sokolin, founder of Web3 investment fund Generative …

The latest price moves in bitcoin (BTC) and crypto markets in context for August 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

The raises comes nearly two months after BitGo ended its plan to buy beleaguered rival Prime Trust. Source: https://www.coindesk.com/business/2023/08/16/bitgo-raises-100m-after-scrapping-prime-trust-deal-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/consensus-magazine/2023/08/16/the-fit-act-is-the-most-comprehensive-crypto-regulation-ever-voted-on-by-congress/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ruble and Peso crash represent signs of crack in the global market, per one observer. So far, there has been little demand for perceived havens like bitcoin and gold. …

Unlocks to referred to staggered releases of the cryptocurrency frozen to keep early investors from liquidating in large numbers. Source: https://www.coindesk.com/markets/2023/08/16/arbitrum-will-unlock-12b-arb-in-march-2024-token-unlocks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto miners are establishing a new voice in U.S. policy, starting up the Digital Energy Council to lobby for friendly policy as regulators and Congress are wrestling with the …

Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as …

Crypto exchange Binance has decided to shut down its buy-and-sell service Binance Connect, formerly known as Bifinity, just one year after its launch, the company said in a statement. …