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Crypto exchange Woo Network secures AML approval in Taiwan

Crypto exchange Woo Network secures AML approval in Taiwan

High-frequency trading service Woo Network joins a list of 24 AML-approved crypto exchange and custody platforms in Taiwan.

The post Crypto exchange Woo Network secures AML approval in Taiwan appeared first on The Block.

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BNB Chain announces zero-knowledge proof scaling technology

Binance’s layer one BNB Chain has announced the launch of its zero-knowledge proof scaling technology zkBNB.

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El Salvador faces significant paper losses after a year of buying bitcoin

El Salvador placed a big bet on bitcoin exactly a year ago, making it an official legal tender alongside the U.S. dollar and filling its coffers with the cryptocurrency in a series of purchases. However, the country appears to be facing significant losses related to its bitcoin buys, at least on paper.  El Salvador’s bitcoin […]

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Algorand upgrade could increase speed and cross-chain transaction capability

Algorand has announced a new upgrade that could boost its transactions per second (TPS) and cross-chain communication security via state proofs.

The post Algorand upgrade could increase speed and cross-chain transaction capability appeared first on The Block.

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Gensler takes aim at crypto industry pushback on enforcement: Barron’s

Gary Gensler, chairman of the Securities and Exchange Commission, is not changing his mind on crypto enforcement. 

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Bitcoin mining stock report: Wednesday, September 7

Here’s how crypto mining companies performed on Wednesday, September 7.

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GameStop announces FTX partnership

GameStop will carry FTX gift cards in its stores as part of a new partnership, the companies announced on Sept. 7.

The post GameStop announces FTX partnership appeared first on The Block.

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Celsius may have run a Ponzi-like scheme, states allege

Filings from two state securities regulators supporting a motion to appoint an outside examiner are alleging Celsius misled investors.

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Fed leader pushes Congress for legislation on stablecoins

Vice Chair for Supervision Michael Barr addressed the issue of stablecoins in a speech on safety in the financial system. 

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Fed needs to answer key questions around digital dollar: Brainard

Federal Reserve Vice Chair Lael Brainard says the central bank must weigh questions around transfer limits and interest-bearing accounts as part of the debate over whether a digital dollar is necessary. A key part of the central bank’s inquiry is what the future of the financial system’s infrastructure will look like, and whether a digital […]

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