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Coinbase Plans to Transition into the AWS of Digital Currencies

Coinbase Plans to Transition into the AWS of Digital Currencies

Coinbase’s Chief Product Officer Surojit Chatterjee announced the company’s plans to transition into the Amazon Web Services (AWS) of the digital currency ecosystem.

DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens

DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens

Since regulators consider crypto coins to be ill-suited for retail consumers, DBS bank said that it will not offer such products to retail-banking clients any time soon.

Coinbase CFO Alesia Haas to Speak at Barclays Global Financial Services Conference

Coinbase CFO Alesia Haas to Speak at Barclays Global Financial Services Conference

Alesia Haas, chief financial officer of Coinbase Global, will participate in a fireside discussion at the Barclays Global Financial Services Conference on September 12, 2023. The event will cover Coinbase's financial performance, strategic goals, and insights on the cryptocurrency industry, highlighting its significant influence in the cryptoeconomy.

South Korean Gaming Giant Wemade Faces $41 Million Tax Bill for Crypto Operations

South Korean Gaming Giant Wemade Faces $41 Million Tax Bill for Crypto Operations

South Korean gaming firm Wemade faces a $41 million tax bill for its crypto operations, highlighting the complexities of regulatory compliance in the blockchain gaming industry.

Rep. French Hill Eyes Financial Services Committee Leadership Amid Crypto Focus

Rep. French Hill Eyes Financial Services Committee Leadership Amid Crypto Focus

Arkansas Rep. French Hill is poised to assume leadership of the House Financial Services Committee, bringing a crypto-savvy perspective to the role.

Crypto Exchange bitFlyer Implements Travel Rule for Crypto Asset Transfers

Crypto Exchange bitFlyer Implements Travel Rule for Crypto Asset Transfers

BitFlyer, a leading Japanese crypto asset exchange operator, announced the implementation of new regulations known as the travel rule, aimed at preventing criminal activities and enhancing security in the crypto industry.

Bitdeer and NVIDIA Partner to Launch AI Cloud Service in Asia

Bitdeer and NVIDIA Partner to Launch AI Cloud Service in Asia

Bitdeer Technologies Group and NVIDIA are set to launch Bitdeer AI Cloud in Asia, utilizing NVIDIA DGX SuperPOD technology, to meet the growing demand for AI computing power in the cloud PaaS market.

Binance.US Struggles to Find Banking Partner in the U.S.

Binance.US Struggles to Find Banking Partner in the U.S.

Binance.US is facing challenges in finding a bank partner to serve as a fiat on-ramp and off-ramp for its clients in the United States, following the recent failures of Silvergate and Signature Bank. The regulatory crackdown on banks with crypto clients is another factor contributing to the exchange's struggles.

Analysis of Microsoft's Terms and Conditions for AI Services

Analysis of Microsoft's Terms and Conditions for AI Services

Microsoft's AI terms, effective Sep 30, 2023, prohibit reverse engineering, data extraction, and limit data use, ensuring ethical use and IP protection.

Stablecoins Could Bolster U.S. Dollar and Economic Competitiveness: Circle CEO

Stablecoins Could Bolster U.S. Dollar and Economic Competitiveness: Circle CEO

In a compelling testimony delivered to the House Financial Services Committee, Jeremy Allaire, CEO and Co-Founder of Circle, underlined the significant role stablecoins, such as the U.S. Dollar Coin (USDC), could play in strengthening the global position of the U.S. dollar.

Crypto Data Firm Kaiko Raises $53m from Investors Led by Eight Roads

Crypto Data Firm Kaiko Raises $53m from Investors Led by Eight Roads

Blockchain data startup, Kaiko has raised $53 million in its Series B funding round, tripling the company’s valuation amidst the bearish crypto market terrain.

EBA Issues Updated Guidelines for Crypto Asset Service Providers

EBA Issues Updated Guidelines for Crypto Asset Service Providers

The European Banking Authority (EBA) extends Anti-Money Laundering and Counter-Terrorist Financing measures to include crypto firms, aiming to harmonize regulatory approaches and mitigate financial crime risks in the EU.

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