KuCoin Banned by Dubai Crypto Regulator
@KuCoin is ordered by Dubai’s Virtual Assets Regulatory Authority (VARA) to stop operations due to lack of licensing, following similar actions from Austria’s financial regulator. #Update #Legal $BTC $ETH
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@KuCoin is ordered by Dubai’s Virtual Assets Regulatory Authority (VARA) to stop operations due to lack of licensing, following similar actions from Austria’s financial regulator. #Update #Legal $BTC $ETH
@BankofCanada completed a tokenized bond trial with C$100M issuance, leveraging distributed ledger technology for trading and settlement, as part of Project Samara. #Update #Crypto $CAD
Bitcoin $BTC fell to $67,690.58, down 3.4% in 24 hours, as the dollar posted its steepest weekly gain in a year; 43% of Bitcoin’s supply sits at a loss. #Update #Crypto $BTC
@Strike has received a BitLicense and money transmitter license from the New York State Department of Financial Services, enabling bitcoin services in New York, including salary deposits and bill payments. #Update #Crypto $BTC
$BTC drops 3.7% to $68,100 as traders cash in on recent gains amid geopolitical tensions; derivatives show negative funding rates, indicating increased short positions. #Update #Crypto $BTC
Kazakhstan’s central bank plans to invest up to $350 million from its reserves into digital assets, focusing on companies linked to cryptocurrency infrastructure. Investments are set for April and May. #Update #Crypto $BTC
Bitcoin briefly surged to $74,000 but fell below $69,000 amid macroeconomic pressures and a strong U.S. dollar; short-term holders sold over 27,000 BTC, reflecting market caution. #Update #Crypto $BTC
AI is transforming finance, with @GoldmanSachs warning of job losses due to AI advancements; 19% of investors now use AI for portfolio management. #Update #Crypto $BTC
@Binance informed a U.S. Senate investigation that it found no direct transactions to Iranian entities, disputing claims of $1.7 billion in crypto flow; compliance measures were taken against flagged accounts. #Update #Crypto $BNB
The U.S. lost 92,000 jobs in February, raising unemployment to 4.4%. Bitcoin trades near $70,000 amid market volatility and rising oil prices. #Update #Crypto $BTC
Bitcoin ($BTC) trades at $70,601.67, struggling above $70,000 support after peaking at $74,000. Derivatives show cautious optimism with rising open interest and significant liquidations. #Update #Crypto $BTC
Vancouver Mayor Ken Sim’s proposal to invest city reserves in $BTC is blocked by municipal law, as the Vancouver Charter prohibits such investments, limiting options to conservative assets. #Update #Legal $BTC
Bitcoin ($BTC) stabilizes above $70,000 after geopolitical tensions; however, rising U.S. Treasury yields signal inflation concerns and reduced Fed rate cut expectations. #Update #Crypto $BTC
@OKX, valued at $25 billion after investment from Intercontinental Exchange, is launching Orbit, a social network within its trading app for market commentary and verified performance metrics starting Feb. 26. #Update #Crypto $BTC $ETH