🇨🇦 The Bank of Canada has said it will only approve high-quality stablecoins under its upcoming stablecoin framework, expected in 2026, emphasizing that they must function as “good money” comparable to cash. $USDC $USDT $RLUSD Governor Tiff Macklem says approved stablecoins

Social Platform X Restricts Former Binance CEO's Account Amidst Profile Name Change

Former Binance CEO Changpeng "CZ" Zhao faced account restrictions on social media platform X (formerly Twitter), post-resignation linked to a $4.3 billion settlement with the U.S. Department of Justice. The platform hinted at rule violations, and CZ attributed the restriction to a flawed bot detection algorithm, raising uncertainties about his future activity despite Richard Teng assuming Binance's leadership role.

JixuNov 24, 2023 2:20 pm

Raiffeisen Bank Partners with Bitpanda to Offer Cryptocurrency Services in Vienna

Raiffeisen Bank, a venerable Austrian financial institution with $215 billion in assets, is set to introduce cryptocurrency trading services for retail clients in Vienna by January 2024, in partnership with Bitpanda. The move reflects the bank's strategic foray into the crypto realm, targeting digitally savvy customers with a preference for modest investments and emphasizing the increasing adoption of cryptocurrencies in regions with clear regulatory frameworks.

JixuNov 24, 2023 3:20 pm

Cool Cats NFT Collection Steals the Spotlight at Macy's Thanksgiving Parade

The Macy's Thanksgiving Day Parade featured the Cool Cats NFT collection, with its Blue Cat Balloon symbolizing the launch of "The Milk Chug" YouTube Shorts series. Despite facing challenges and price fluctuations, the parade spotlight has revitalized the collection, now boasting a floor price of 1.05 ETH ($2,150), marking a 195% surge in trading volumes within the last 24 hours on OpenSea.

JixuNov 24, 2023 4:22 pm

SEC Accuses Kraken of Unregistered Operations and Fund Mixing

The SEC has filed a complaint against Kraken, alleging the cryptocurrency platform operated without necessary registrations, combining multiple roles without proper approval. The accusations include providing a marketplace for securities transactions, acting as an unregistered exchange, and commingling customer funds with its own. Kraken's CEO disputes the claims, sparking a broader debate on the SEC's role in regulating cryptocurrency exchanges and the industry's future.

JixuNov 24, 2023 5:26 pm

MAS Unveils Bold Moves: Putting the Brakes on Crypto Speculation in Singapore

Singapore's MAS introduces measures to safeguard against crypto speculation, reinforcing regulatory vigilance and navigating the challenges of Digital Asset Trading.

Hui XinNov 24, 2023 4:28 pm

Binance Founder CZ Resigns and Embraces Retirement Amid Legal Issues

The founder of Binance, Zhao Changpeng (CZ), recently resigned and pleaded guilty to violating the Banking Secrecy Act. Despite posting a $175 million bail, CZ remains in the United States.

JoyNov 24, 2023 4:54 pm

Wall Street Memes Responds Swiftly to Discord Attack, Compensates Victims

Wall Street Memes swiftly responds to a Discord cyber attack by launching the Discord Hack Relief Fund, airdropping $46,000 in $WSM tokens to compensate victims. Those submitting claims by November 17 receive a 1:1 refund for compromised wallet funds, with the community expressing gratitude on Telegram. The team also introduces the Wall Street Memes Casino Loyalty Program and teases the upcoming Wall Street Casino Affiliate Program, set to launch next week.

JixuNov 24, 2023 6:16 pm

🇨🇦 The Bank of Canada has said it will only approve high-quality stablecoins under its upcoming stablecoin framework, expected in 2026, emphasizing that they must function as “good money” comparable to cash. $USDC $USDT $RLUSD Governor Tiff Macklem says approved stablecoins

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