Binance Subsidiary BPay Global Secures Payment License from Central Bank of Bahrain
BPay Global, a Binance subsidiary, secured a payment service license from the Central Bank of Bahrain. The license authorizes fiat top-ups, withdrawals, and e-wallet services, expanding Binance’s regulated presence in the Gulf region.
The post Binance Subsidiary BPay Global Secures Payment License from Central Bank of Bahrain appeared first on Cryptonews. …
Standard Chartered and OKX Launch Crypto Collateral Project
Standard Chartered and OKX have launched a crypto collateral project that allows institutional clients to use cryptocurrencies and tokenized funds under a regulated framework, enhancing risk controls and custody security.
The post Standard Chartered and OKX Launch Crypto Collateral Project appeared first on Cryptonews. …
OpenAI Countersues Elon Musk, Setting Stage For Legal Battle
OpenAI has filed a countersuit against Elon Musk, claiming he abandoned the venture after failed merger talks with Tesla, skipped a $1B pledge, and sought to derail OpenAI’s progress through the creation of xAI.
The post OpenAI Countersues Elon Musk, Setting Stage For Legal Battle appeared first on Cryptonews. …
Russian Logistics Firm Asks Moscow to Legalize Crypto Payments
The Russian logistics firm ETE Group has asked Prime Minister Mikhail Mishustin to let domestic firms use crypto as a payments tool in overseas trade deals.
The post Russian Logistics Firm Asks Moscow to Legalize Crypto Payments appeared first on Cryptonews. …
HMRC sending surprise tax bills to people with savings accounts
HMRC is sending tax bills to people with savings accounts and it will come as a shock to many. …
Barclays paying out free cash to customers with code on bank statement
Barclays is reported as having started paying an estimated £7 million compensation to customers affected by technical glitches earlier this year. …
Anyone with a Cash ISA, pension or savings given new update after tax year changes
Anyone who has a Cash ISA, a pension or savings has been given an update by finance experts this week. …
a16z Urges SEC to Modernize Crypto Custody Rules in Comment Letter
Venture capital firm a16z recommends that the SEC modernize digital asset custody rules, supporting self-custody under defined conditions and advocating for a framework that reflects how blockchain systems operate.
The post a16z Urges SEC to Modernize Crypto Custody Rules in Comment Letter appeared first on Cryptonews. …
UK Regulator Sounds Alarm on Stablecoin Risks Amid Crypto’s Growing Footprint
The Bank of England’s Financial Policy Committee raises red flags over stablecoin risks, including currency substitution and liquidity issues, as more UK investors turn to crypto assets.
The post UK Regulator Sounds Alarm on Stablecoin Risks Amid Crypto’s Growing Footprint appeared first on Cryptonews. …
Bybit’s Market Share Rebounds by 7% After February Hack
Bybit’s market share has rebounded, according to a research report, as the exchange effectively utilized strategic liquidity tools and benefited from a broader market recovery, quickly overcoming the uncertainty caused by a February crypto hack.
The post Bybit’s Market Share Rebounds by 7% After February Hack appeared first on Cryptonews. …
