The FSA says its recommendations don’t envisage “any transactions from one individual to another.” The Financial Services Agency (FSA) — Japan’s principal financial regulator — has clarified its position on peer-to-peer (P2P) crypto transactions following its latest recommendations to local banks.  In its letter on Feb. 14, the FSA encouraged banks to “further strengthen their...Continue Reading

The price cap blocked accounts of traders attempting to sell above it, leading traders to other exchanges to trade freely without restrictions. Binance has set a limit on the selling price of Tether (USDT) tokens on its peer-to-peer (P2P) platform to ensure compliance with local authorities in Nigeria. Traders on Binance cannot currently sell USDT above...Continue Reading

Liberal Democratic Party of Japan was told that strict regulations are drying up the liquidity of the Japanese crypto markets. The Japanese blockchain gaming community approached the Liberal Democratic Party (JDP) seeking help to improve liquidity in Japan’s crypto asset market. On Feb. 21, Ryo Matsubara, director of Oasys, a GameFi blockchain, visited the LDP’s...Continue Reading

The MicroStrategy executive chair claimed Bitcoin was superior to gold and real estate, and predicted that capital from those assets would make their way into the cryptocurrency. Michael Saylor has no plans to sell Bitcoin (BTC) even as the holdings of his company MicroStrategy have swelled to reach an unrealized profit just shy of $4...Continue Reading

Fairshake, a political action committee supported by Coinbase and a16z, has a $73 million war chest to oppose anti-crypto candidates and support those in favor of digital assets. Tyler and Cameron Winklevoss have donated $4.9 million to the crypto-focused Fairshake super political action committee (PAC) in a bid to throw their weight behind crypto-friendly candidates...Continue Reading

Hack is looking to invest in the most “capital-efficient” DeFi projects as well as solutions that prevent smart contract and protocol hacks. Web3 venture capital firm Hack VC has raised $150 million to invest in early-stage crypto and AI startups. In a Feb. 20 statement, The New York-based VC firm said that decentralized finance (DeFi),...Continue Reading

The Stellar Development Foundation has finally rolled out Stellar smart contracts after 16 months on testnet. The Stellar Development Foundation (SDF) has announced the deployment of smart contracts on the Stellar network, something it claims will help kick off “a new era” for its tech stack. In a Feb. 20 statement, the SDF shared that...Continue Reading

The U.S.-based stablecoin issuer said it would discontinue minting USDC on the Tron network “to ensure that USDC remains trusted.” Circle, the issuer of the U.S. dollar-pegged stablecoin USD Coin (USDC), says it will discontinue support for the token on the Tron blockchain. In a Feb. 20 blog post, Circle said it would “no longer...Continue Reading

The rise in positive sentiment was skewed heavily by those aged 55 and above, where Bitcoin sentiment increased by 100%. Australian retail interest in Bitcoin (BTC) has increased following last month’s approval of spot Bitcoin exchange-traded funds (ETFs) in the United States, according to a recent survey. Bitcoin sentiment in Australia was boosted by 25%...Continue Reading

VanEck and WisdomTree’s Bitcoin ETFs saw significant trading volume upticks out of the blue, with analysts at a loss for why it happened. VanEck’s spot Bitcoin (BTC) exchange-traded fund (ETF) has experienced a sudden and drastic trading volume uptick, leaving market commentators looking for the reason why. VanEck’s fund — which sports the ticker “HODL”...Continue Reading