Author: Oluwapelumi Adejumo

USDC issuer Circle seeks regulatory approval in France amid US banking troubles

CryptoSlate

Circle said the Euros-pegged stablecoin EUROC could become a compliant e-money under Europe’s Markets in Crypto-Assets (MiCA) regulations. 1 min read Updated: March 21, 2023 at 5:45 pm Cover art/illustration via CryptoSlate Ad USD Coin (USDC) issuer Circle has applied Read More

Metamask, Moonpay partner to allow Nigerians buy crypto directly

CryptoSlate

In 2021, the central bank of Nigeria ordered banks to stop facilitating cryptocurrency transactions and close all crypto-related accounts. 1 min read Updated: March 21, 2023 at 11:02 am Cover art/illustration via CryptoSlate Ad Buying cryptocurrencies in Nigeria just became Read More

Over 20 crypto firms plan to establish presence in the city: Hong Kong authorities

CryptoSlate

The Hong Kong authorities said they were working on establishing a licensing regime for virtual asset service providers by June 2023. 1 min read Updated: March 20, 2023 at 10:32 am Cover art/illustration via CryptoSlate Hong Kong’s Secretary for Financial Read More

Wallets connected to FTX transfer over $100M stablecoins to exchanges

CryptoSlate

Lookonchain said the wallets making the transactions were used to collect FTX’s assets after it crashed in November 2022. 1 min read Updated: March 14, 2023 at 2:38 pm Cover art/illustration via CryptoSlate Three addresses connected to bankrupt crypto exchange Read More

Vitalik Buterin token dump sends unsolicited altcoins price down including CULT

CryptoSlate

Ad Ethereum (ETH) co-founder Vitalik Buterin dumped several unsolicited altcoins (sh*tcoins) during the early hours of March 7, leading to the value of these assets falling. On-chain analyst Lookonchain reported that Buterin sold 50 billion MOPS, 500 trillion SHIK, and Read More

Ripple asks SEC chair to recuse self from crypto enforcement cases

CryptoSlate

Ripple chief legal officer Stuart Alderorty said SEC Chair Gary Gensler has prejudged the outcome of crypto-related enforcement actions. 1 min read Updated: February 28, 2023 at 1:45 pm Cover art/illustration via CryptoSlate Ad Ripple’s chief legal officer Stuart Alderoty Read More

Genesis creditors file to restrict bankrupt’s firm intercompany transactions

CryptoSlate

Genesis creditors said the request raises various concerns for the committee as previous intercompany transactions are being investigated. 1 min read Updated: February 21, 2023 at 10:26 am Cover art/illustration via CryptoSlate Ad Genesis’ committee of unsecured creditors filed an Read More