South Korea’s Crypto Firm Delio Temporarily Suspends Withdrawals

South Korea-based digital asset company Delio has temporarily suspended withdrawals over what it termed as a ‘sharp increase in market volatility and confusion among investors’. This was after Haru Invest, another digital asset company, suspended deposits and withdrawals. “In this situation, to safely protect the assets of customers currently in custody, Delio will inevitably suspend […]

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OKX and McLaren Racing Host Panel on Technology in Sports and Film at Tribeca Festival

New York City, New York, June 15th, 2023, Chainwire Panelists included OKX Chief Marketing Officer Haider Rafique, McLaren Racing Chief Executive Officer Zak Brown, McLaren F1 Driver Lando Norris and director, producer and screenwriter Stephen Kay From left to right: Director, producer, and screenwriter Stephen Kay; McLaren Racing CEO Zak Brown; Emmy-nominated filmmaker and Webby […]

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Canton Network Might Push Institutional Interest in Assets Tokenization

Canton Network, ‘a network of networks’, is striving to become the most suitable blockchain for financial institutions. Some of the network’s participants are SBI Digital Asset Holdings, Goldman Sachs, Microsoft, Deloitte, BNP Paribas, ASX, and other key figures in the financial industry. But why are such networks have an edge over publicly available decentralized networks? […]

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OKX and McLaren Racing Host Panel on Technology in Sports and Film at Tribeca Festival

New York City, New York, June 15th, 2023, Chainwire Panelists included OKX Chief Marketing Officer Haider Rafique, McLaren Racing Chief Executive Officer Zak Brown, McLaren F1 Driver Lando Norris and director, producer and screenwriter Stephen Kay From left to right: Director, producer, and screenwriter Stephen Kay; McLaren Racing CEO Zak Brown; Emmy-nominated filmmaker and Webby […]

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Increasing Contactless Payment Limits: the New Norm for Quick and Secure Transactions?

Contactless payments have grown in popularity in recent years, providing a quick and fast way to conduct transactions. With the global pandemic hastening the transition to touchless interactions, numerous countries and financial institutions have increased contactless payment limitations. In this article, we’ll look at whether increased contactless payment limitations will become the new standard for […]

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Binance Seeks to Deregister Cypriot Subsidiary

Cryptocurrency exchange Binance, which obtained its 7th regulatory license in the European Union region in January, has applied for the deregistration of its local unit in Cyprus. The exchange gained a Cypriot license to operate as a crypto asset services provider in October last year. “Binance Cyprus Limited under examination for application for deregistration,” Binance’s […]

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Bitstamp Joins FCA’s List of Registered Crypto Companies

The UK arm of cryptocurrency exchange, Bitstamp, has been registered by the Financial Conduct Authority (FCA) as one of the digital asset exchanges that comply with the country’s anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. With the registration, Bitstamp UK can provide services, such as keeping custody of crypto assets, facilitating fiat purchases of […]

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