The Financial Services and Markets Authority will have to be notified of major ad campaigns, as a survey reveals crypto investors are often trying to get rich quick.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The current environment is the perfect setting for the decentralized financial system to stand out as an alternative to traditional banking, the report said.
Singapore-based digital asset trading platform Crypto.com has received a preparatory license from Dubai’s Virtual Digital Assets regulator.
More people now appreciate the fundamental value proposition of having an alternative to the traditional financial system, the report said.
The bloc’s Markets in Crypto Assets Regulation brings in a new licensing regime, but has faced translation delays.
DWF Labs purchased $15 million worth of Synthetix’s native token SNX on March 16 with a further purchase of $5 million to follow.
Bitcoin is in the spotlight as cracks emerge in the traditional banking system, one observer said, explaining the negative spread between ether and bitcoin implied volatility metrics.
The Caribbean arm is a mere shell to further Sam Bankman-Fried’s fraud, the company alleged.
An uptick in open interest alongside a price rally is said to confirm an uptrend.
