Tighter rules in Brazil 🇧🇷, Convert Euros to USDT 🔁, Coibase's perpetual futures trading 🔥
Daily Crypto, Blockchain & Web3 Update 2023-09-28
CRYPTOCURRENCY
Coinbase International launches perpetual futures trading for retail customers (2 min read)
Coinbase International Exchange, a class F license holder from the Bermuda Monetary Authority (BMA), announced that it has received additional regulatory approval, allowing the platform to offer perpetual futures trading to non-US retail customers.
Brazil’s crypto surge prompts central bank to tighten regulation (2 min read)
Brazil's central bank governor announced plans to tighten regulations on digital assets due to the country's increasing adoption of cryptocurrencies.
Binance urges users to convert euros to USDT after Paysafe debank (2 min read)
Crypto exchange Binance has urged users to convert their euros into Tether before the end of October after losing the support of its banking partner.
Binance’s European debanking woes continue as it urges Paysafe users to convert their euros to digital dollars.
Ethereum futures ETFs could start trading next week — Bloomberg analyst (2 min read)
Ether futures exchange-traded funds (ETFs) could start trading for the first time in the United States as early as next week, according to Bloomberg analysts. An impending U.S. government shutdown may be accelerating the launch of Ether futures ETFs, analysts suggest.
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France, Singapore and Switzerland test cross-border CBDCs (2 min read)
The BIS, along with the central banks of France, Singapore, and Switzerland, finished testing the cross-border trading and settlement of wholesale CBDCs. The Banque de France issued the report on Sept. 28.
IBM, Microsoft, others form post-quantum cryptography coalition (3 min read)
IBM Quantum and Microsoft have formed a coalition to tackle post-quantum cryptography alongside not-for-profit research tank MITRE, United Kingdom-based cryptography firm PQShield, Google sibling company SandboxAQ and the University of Waterloo.
Texas is home to nearly 30% of all Bitcoin hash rate — Foundry (2 min read)
The U.S. state of Texas accounts for over 28% of all Bitcoin hashing power in the United States, according to the latest Hashrate Map by crypto mining service provider Foundry USA.
SEC pushes deadlines for ARK 21Shares, VanEck spot Ether ETF applications (3 min read)
The United States Securities and Exchange Commission (SEC) has delayed deciding whether to approve or disapprove spot Ether exchange-traded fund (ETF) applications from ARK 21Shares and VanEck.
Tottenham Hotspur taps Chilliz blockchain for Web3 fan token (3 min read)
Tottenham Hotspur will start using blockchain technology to create and manage their own Web3 fan token. This will help engage and reward their supporters.
Mark Zuckerberg reveals Meta AI chatbot, his answer to ChatGPT (3 min read)
Meta CEO Mark Zuckerberg has introduced a new artificial intelligence (AI) assistant called Meta AI. It will work with Instagram, Facebook, WhatsApp, and Meta's mixed reality devices. This is his response to OpenAI's ChatGPT.
Crypto exchange Kraken plans move into US stock trading: Report (2 min read)
Cryptocurrency exchange Kraken reportedly plans to offer users trading services for stocks listed in the United States and exchange-traded funds, or ETFs.
The firm reportedly acquired a broker-dealer license from the U.S. Financial Industry Regulatory Authority as part of the expansion plan.
Crypto.com to become preferred exchange for PayPal USD (2 min read)
Singapore-based exchange Crypto.com has partnered with PayPal and Paxos to become a preferred platform for PayPal USD. PayPal launched its U.S. dollar-backed stablecoin in August 2023.
Bitcoin miner Marathon mines invalid block in failed ‘experiment’ (3 min read)
Marathon Digital, a Bitcoin mining company, has admitted to mining an invalid Bitcoin block as part of an experiment to improve its operations. Marathon said the bug emanated from its experimental mining pool used to research ways to optimize operations.