With this move, the European Commission aims to open up the payments market controlled by banks, Visa and Mastercard.
The collaboration intends to bring changes to public administration and the business sector.
The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14.
KuCoin’s Know Your Customer checks will require new users to complete identity verification to access all services, while existing non-KYC users will not be able to deposit.
The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto.
Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and March 2024.
Securities and Exchange Commission Chair Gary Gensler is working to protect someone, but it’s not American investors.
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
The underpinning technology for the U.K.’s CBDC could use an alternative to blockchain technology.