Binance withdraws its application for a license in Austria The Binance exchange has withdrawn its application for a license from Austria's financial regulator, FMA. This was done amid pressure from the authorities, Finance FWD writes.
Binance to focus on growth in UAE Cryptocurrency exchange Binance has chosen the UAE as one of its most important areas for future development. "Binance is here [in the UAE] because we have been given the assurance that we can set up operations and build the future," it said in a statement. Local head Alex Chehade told
JPMorgan launches blockchain payments in euros via JPM Coin JPMorgan Bank has announced the introduction of blockchain payments in euros, which will be conducted through the company's native JPM Coin. As part of the project, the bank has introduced a transaction system for its corporate clients. The first transfer has already been made by the German company Siemens AG.
Three Arrows Capital returns to the market, but as a venture capital fund Bankrupt Three Arrows Capital is "returning" as a venture capital fund called 3AC Ventures. It has been introduced by the OPNX exchange as its new partner. The founders of the exchange are also the founders of Three Arrows Capital.
CertiK discovers bug in Sui blockchain CertiK received $500k from the Sui Foundation for discovering "long before the network launched" an "infinite loop" bug in the blockchain code. A malicious smart contract could cause this bug by causing blockchain nodes to move in an infinite loop, essentially paralyzing the network.
Celsius wants to convert altcoins into BTC and ETH Celsius Network has requested permission from the authorities to convert its altcoins into BTC and ETH. This follows an updated restructuring plan. It will be considered by the bankruptcy court in the Southern District Court of New York on 28 June.
Binance to lose access to assets of Binance US exchange The US subsidiary of cryptocurrency exchange Binance has reached a preliminary agreement with the SEC. The agreement requires Binance US to ensure that no Binance Holdings official has access to the private keys and hardware wallets that hold customer assets.
Bitcoin enthusiast Francis Suarez enters presidential race Miami Mayor Francis Suarez filed to run for president. It was accepted by the Federal Election Commission. Suarez became popular among crypto-fans after he promised to turn Miami into a bitcoin hub. A couple of years ago, he wished to receive part of his salary in BTC and also launched
Ukraine is ready to introduce crypto-taxes and MiCa law in September The National Commission on Securities and Stock Market (NSCSM) of Ukraine completes work on the bill on crypto-taxes. The agency amended the text of the Law on virtual assets. The next step is the implementation of new rules and changes to the Tax Code of Ukraine. According to Forbes, this