Crypto News

FCA expresses concern regarding Binance’s re-entry into the U.K. payments network.
U.K.'s financial regulator FCA has expressed concern over a recent move by embattled digital asset exchange Binance that has given it access to the U.K. payments network.

KB Bank to launch South Korea’s first crypto investment fund
Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors.

Verlux, A Cardano Based Project Announces Updates On Its Up-Coming Staking Platform
The widely adopted Cardano based project has been fast paced in its full project development as the Project has released a video of their NFT Marketplace which will be fully functional before the end of Q1 2022. And now moves towards the Staking Platform.

Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients
Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on new savings wallet top-ups. However, Nexo customers from the U.S. will continue to earn interest on their current savings wallet balances held prior to the announcement.

Top 5 Metaverse Crypto Coins With a Unit Price Below $7 to Watch in February 2022
There are dozens of Metaverse crypto coins on the market, and it may be hard for new traders to figure out which ones are the real deal.

Former Cisco employee launches DAO to buy Denver Broncos
A new decentralized autonomous organization (DAO) has been formed to raise money in an effort to purchase the Denver Broncos U.S. National Football League team for around $4 billion.

Credit Suisse data leak reveals decades of shady clients and activity
Leaked data shows that until recently, Swiss bank Credit Suisse held accounts valued at more than $100 billion for sanctioned individuals and heads of state reportedly accused of money laundering.

SafeMoon lawsuit attacks big stars Jake Paul and Soulja Boy, among others
A recent class-action case has demanded a jury trial against big stars and social media influencers for their alleged influence in a classic pump and dump scheme related to Binance Smart Chain-native cryptocurrency SafeMoon.

US President Biden to Issue Executive Order on Crypto This Week: Report
U.S. President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. It will direct a wide range of government agencies to come up with a government-wide strategy to regulate crypto assets.