Signature’s Crypto Clients Told to Close Accounts By FDIC Before April 5th

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to a Tuesday report, Signature Bank’s cryptocurrency clients were told by the Federal Deposit Insurance Corporation to close their accounts by April 5th. All accounts not voluntarily closed by that point will automatically […]

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F1 Williams Racing Forays Into Web3 With Exclusive Partnership With Kraken

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Tuesday, March 28th, the cryptocurrency exchange Kraken, and the Formula 1 team Williams Racing announced the latter’s first-ever cryptocurrency partnership. According to Kraken’s press release, the partnership will involve the putting of the […]

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With Sony and Amazon Potentially Making Plays, NFTs Look Poised to Ride the Next Market Wave Upwards

As NFT or non-fungible tokens’ prices go into goblin mode, brands are moving on from digital collectibles. Earlier this month, Meta announced that it would no longer support NFTs on Instagram and Facebook, despite once pitching it as part of its ‘metaverse’ future. Most recently, the United Kingdom’s plan to launch a government-backed “NFT for […]

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EU Votes for AML Regulation: $1,000 Limit on Anon Crypto Transfers

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Lawmakers on European Parliament’s Economics and Civil Liberties committees voted in favor of the anti-money laundering regulation. This will impose a $1,000 cap on unverified crypto wallets on Tuesday. The limit represents a part […]

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Binance CEO Calls CFTC Lawsuit “An Incomplete Recitation of Facts”

<p>Hours after the <a href=”https://www.financemagnates.com/cryptocurrency/cftc-sues-binance-for-illegal-derivatives-exchange-numerous-violations/” target=”_blank” rel=”follow”>Commodity Futures Trading Commission’s lawsuit</a>, Binance CEO Changpeng Zhao publicly rejected the allegations, calling them “unexpected and disappointing” with “an incomplete recitation of facts.” </p><p>In the brief response through an official blog post, Zhao refuted all the major allegations and will be “able to give full responses in due […]

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