Category: CoinDesk
The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $557.63 million in the past 24 hours. That’s nearly 3.5 times Source: https://www.coindesk.com/markets/2023/06/30/bitcoin-cash-tops-300-amid-surge-in-trading-volumes-in-south-korea/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
BTC price gains and trading activity have mostly concentrated during U.S. market hours, according to K33 Research. Source: https://www.coindesk.com/markets/2023/06/29/us-investors-are-driving-bitcoins-price-surge-as-institutional-demand-rises/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest expansion of the Lacoste Web3 universe grants holders access to “creative sessions, contests, video games and interactive conversations.” Source: https://www.coindesk.com/web3/2023/06/29/lacoste-expands-its-nft-ecosystem-with-new-rewards/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The two new members will help the Special Council “administer DAO proposals and serve the vision of the community,” Source: https://www.coindesk.com/web3/2023/06/29/apecoin-dao-votes-in-two-new-special-council-seats-replacing-alexis-ohanian-and-yat-siu/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Separately Managed Accounts (SMAs) are a good way for FAs to manage digital assets, but advisors should fully understand the trade-offs. Source: https://www.coindesk.com/business/2023/06/29/6-factors-advisors-should-consider-before-using-an-sma-for-digital-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Asset manager Fidelity filed paperwork TK WHEN with the Securities and Exchange Commission (SEC) for a spot bitcoin exchange-traded fund (ETF) which will be traded under the name TK. …
The approval does not absolve Rpay of its compliance duties, but does eliminate the growing compliance risk, the company said. Source: https://www.coindesk.com/policy/2023/06/29/stablecoin-wallet-rpay-secures-license-from-ofac-to-continue-operating-in-venezuela/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Source: https://www.coindesk.com/consensus-magazine/2023/06/29/apparently-its-very-difficult-to-custody-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity. Source: https://www.coindesk.com/policy/2023/06/29/uk-crypto-stablecoin-rules-receive-royal-assent-passing-into-law/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The government should recognize blockchain as an emerging industry with “significant” long-term economic and job creation opportunities, a lawmaker committee on industry and tech said. Source: https://www.coindesk.com/policy/2023/06/29/canadian-lawmakers-call-for-national-blockchain-crypto-strategy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines