Coinbase customers are complaining about their accounts being closed without any explanation; complaints include quotes from Coinbase that refuse to divulge the justification behind the closures.
Stablecoins were front and center in the House of Representatives' Financial Services Committee hearing last Wednesday, and some of the opinions voiced were more than a little unstable.
U.S. SEC believes it has identified securities violations relating to "aspects of the Company's spot market, staking service Coinbase Earn, Coinbase Prime and Coinbase Wallet" products.
Interestingly, 2022 saw the market share occupied by smaller stablecoin projects vanish, with a significant drop-off in May 2022 which never reversed.
Silvergate notified the U.S. SEC that it wouldn't be filing the annual report on its fiscal health by March 16, insisting it "requires additional time" to fully diagnose its shortcomings.
After his brief hiatus, Joshua Henslee is back in the game as he speculates why stablecoin issuer Circle suddenly terminated its HandCash USDC accounts.
USDC Circle has terminated BSV wallet HandCash's agreements, a move that suspends HandCash's top-up functionality with a debit or credit card and delays its 5.0 update.
Singapore-based Crypto.com responded to the loss of service by informing its customers that Euro deposits and withdrawals had been “temporarily disabled.”
The Financial Services Agency said that work is currently underway to allow the domestic distribution of stablecoins in the country but added that there would be certain restrictions.
CoinSurvey recently revealed some key insights into the BSV ecosystem, including what type of ecosystem participant is most likely to be optimistic and satisfied, what regions are thriving, and more.
Recently, BSV-driven wallet provider HandCash has been working on implementing USDC into their app, where users can send and receive USDC in the same way as with BSV.
Coinbase is slamming bankrupt rival digital asset exchange FTX’s accounting practices, Apple’s NFT policies, and any other bad news, while Circle plans to go public.
