Author: NBTC
Morocco drafts crypto laws to regulate digital assets, marking a shift from the 2017 cryptocurrency ban. The country draws inspiration from the EU’s MiCA framework, aligning with global efforts to manage digital currencies. The Moroccan Central Bank is exploring CBDCs to modernize financial systems and enhance financial inclusion. According to a recent report by Reuters, Morocco is taking a step towards adopting the cryptocurrency ecosystem by drafting legislation to regulate digital assets. This move marks a shift from its 2017 ban on cryptocurrencies. The move by Bank Al-Maghrib, Morocco’s central bank, signals the country’s intent to adapt to the growing…
Coinbase has added Mog Coin (MOG) to its asset roadmap. The announcement comes just a day after the platform listed its first Pump.fun token, Moodeng (MOODENG). Coinbase added MOG to its roadmap for upcoming listings. There is no hard and fast rule for the actual listing, as in the case of Moodeng (MOODENG), which launched its first market just hours after being added to the roadmap. The official Mog Coin account corroborated the news, adding to the token’s exposure. COINBASE MOGS 🫵😹 https://t.co/D1aX2554TV pic.twitter.com/15AH0IpQB1 — MOG COIN (@MogCoinEth) December 3, 2024 MOG has been a staple in meme space, with…
PancakeSwap, the leading decentralized exchange (DEX) on BNB Chain, has introduced an innovative feature called PancakeSwap SpringBoard. This tool simplifies the process of creating, launching, and integrating liquidity for project tokens. This news has been announced today and the platform has emphasized its backing of decentralized finance (DeFi). PancakeSwap SpringBoard Offers Fair Token Distribution PancakeSwap SpringBoard is quite simple. Such tokens can be created through projects even if he or she lacks coding abilities or technical skills. Name, ticker, and other basic settings can be performed in a few minutes. This ease of use again brings more projects into the…
Mantra has launched the MANTRA Chain Mainnet, edging closer to its goal of integrating traditional finance with blockchain technology. According to a press release shared with crypto.news, the mainnet for the real-world assets platform is now live, offering users enhanced network security, regulatory compliance, and institutional-grade access to on-chain finance and tokenized assets through a comprehensive suite of tools. Tokenization is the process of converting traditional assets, such as money market funds, into digital tokens that can be transferred and utilized on blockchain networks. Through MANTRA Chain, the project aims to streamline the process of bringing real-world assets on-chain. Starting…
In criticism of the U.S. Securities and Exchange Commission (SEC), Ripple’s Chief Legal Officer Stuart Alderoty has accused the regulatory body of engaging in actions that have artificially suppressed the cryptocurrency market. In a recent tweet, Alderoty wrote, “Turns out, the only ‘efforts of others’ that truly moved crypto markets—by causing massive and prolonged artificial suppression—were those of the SEC.” The U.S. Securities and Exchange Commission sued Ripple in December 2020, alleging that the San Francisco-based business violated the law by selling XRP without first registering it as a security. Turns out, the only ‘efforts of others’ that truly moved…
Coinbase has received approval from the New York State Department of Financial Services (NYDFS) to operate in New York. This license allows Coinbase to legally offer its services in one of the most regulated markets for cryptocurrency in the U.S. Coinbase’s NYDFS license approval The NYDFS approval is a major milestone for Coinbase, allowing it to expand its customer base and offer a secure, compliant platform for trading cryptocurrencies. The license strengthens Coinbase’s commitment to meeting regulatory standards and boosts user confidence in its legal compliance and security. New York’s strict regulations ensure consumer protection, anti-money laundering (AML), and know-your-customer…
Not so fast. Let’s take this one seriously. Vice President Kamala Harris went live with her first crypto-specific policy yesterday, vowing to help protect Black Americans who invest in cryptocurrency. This is standard issue stuff for the Democratic Party in 2024, where as Nik points out, the cause of anti-racism is alive and well. For the sake of argument, let’s even put aside Nik’s more valid critiques. I, too, am concerned that, without policy specifics, a Harris administration could use this policy to prevent Black Americans from the benefits of owning Bitcoin. For now, let’s deal with the very real…
DeFi protocol Ethena announced on Tuesday a new partnership with Derive.xyz, the world’s leading on-chain options and structured products platform, that will invest millions of dollars to increase liquidity and drive growth for both protocols. As part of the partnership, Ethena will integrate Derive’s core trading, options, futures, and vaults, using Ethena’s USDe stablecoin and USDE staking to increase liquidity and trading volume, according to a press release. Ethena will launch its core trading on Derive’s perpetual markets, pending approval from the Ethena Risk Council. This is expected to increase volumes and liquidity on Derive, strengthening Derive users’ ability to…
In a new X post, Brian Armstrong (Coinbase CEO) said, “we will no longer be a client” of any firm hiring people who have committed “bad deeds” against the crypto industry. The CEO of Coinbase shared in an X post that the company will let go of any firm that hired people against crypto in Biden’s administration. Coinbase CEO spoke up after Milbank hired Gurbir S. Grewal We’ve let all the law firms we work with know, that if they hire anyone who committed these bad deeds in the (soon to be) prior administration, we will no longer be a…
OTC platforms prioritize secure, private transactions, catering to individuals and institutions handling large cryptocurrency trades. Platforms like Bitcoin Reserve and Cumberland offer deep liquidity pools, reducing market impact for high-volume trades. Innovative features from sFOX and Encryptus provide superior compliance, transparency, and flexibility for dynamic market conditions. Indeed, the demand for over-the-counter or OTC cryptocurrency platforms has emerged for individuals and institutions who transact large value securely and effectively. Such platforms allow for accessing large liquidity, simultaneously preserving the anonymity of a trader and minimizing the chance of slippage. Among the numerous OTC options available, four stand out for their…