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Binance: No plans to auto-convert Tether, though that ‘may change’
The crypto exchange responded to questions from Cointelegraph after announcing it would cease trading support for USDC and two other stablecoins this month. 3081 Total views 23 Total shares Crypto exchange giant Binance has confirmed it has no plans to “auto-convert” Tether (USDT) to Binance USD (BUSD) at the moment, though it noted that this…

‘Fear of the unknown’ holds back tradfi investors from crypto — Bloomberg analyst
Bloomberg crypto analyst Jamie Coutts believes it's a “missed opportunity” that traditional asset managers choose not the educate themselves on crypto. 254 Total views 13 Total shares Jamie Coutts, Crypto Market Analyst for Bloomberg Intelligence argues that “falsehoods” and “fear of the unknown” is what has been holding back traditional portfolio managers from investing in…

Which Countries Are Best to Start Blockchain Projects?
Bitcoin’s boom has spawned more than just a digital currency revolution. Companies across the globe have explored the potential of blockchain technology in a range of different spheres, including cars, phones, and a multitude of disruptive alternatives in banking, government and as well as shipping. Also, it is not only the small startups that are…

$1.5M CryptoPunk bought for $23K, Coinbase’s NFT legal defense fund: Nifty Newsletter
Pudgy Penguins CEO Luca Schnetzler believes the SEC’s actions against NFTs are nonsense, describing them as a “nothing burger.”

Philippines Launches Blockchain App to Distribute Government Bonds
The Philippines has launched a blockchain-enabled mobile application for the distribution of government-issued bonds. 784 Total views 29 Total shares On July 19, the Philippine Bureau of the Treasury along with the UnionBank and Philippine Digital Asset Exchange launched a blockchain-enabled mobile application for distributing government-issued treasury bonds.According to local news outlet Inquirer.Net, the president…

80 Chinese crypto influencer accounts shut down in latest crackdown
The accounts had over 8 million in combined followers before they were removed. 100 Total views 5 Total shares Sina Weibo, one of the most popular Chinese social media apps with over 258 million daily active users, has removed 80 influencer accounts promoting cryptocurrency activities citing official legislation.According to the Sept. 5 announcement, 80 crypto

What to expect from the first Coinbase-SEC hearing
As the first hearing since the SEC lawsuit on June 6, the conference is expected to be "procedural and administrative," though it may also give a sense of the litigation's tone. 66 Total views 1 Total shares A pre-motion hearing set to take place on July 13 between the Securities and Exchange Commission (SEC) and…

‘Agent of an anti-crypto agenda’ — Community slams Gensler over Kraken crackdown
Members of the crypto community are seemingly outraged over the recent charges laid against crypto exchange Kraken in relation to its staking-as-a-service program in the United States. On Feb. 9, the United States Securities Exchange Commission (SEC) announced it had settled charges with Kraken over “failing to register the offer and sale of their crypto asset…