Brazil Will Introduce Stricter Regulation for Digital Currencies

Reading Time: < 1 minute This week, Roberto Campos Neto, the head of Brazil’s Central Bank, appeared before a parliamentary commission on finance and taxation to announce plans to enhance regulations on cryptocurrency fund movements.

MoneyGram Announces Non-custodial Crypto Wallet

Reading Time: < 1 minute MoneyGram, a money transfer service, will be launching a new non-custodial wallet in the first quarter of 2024 that will utilize stablecoin technology.

Attackers Steal $7.9M from Crypto Exchange HTX

Reading Time: < 1 minute Hackers targeted the hot wallet and managed to steal 5,000 ETH (worth $7.9 million).

Binance Resumes Operations in Belgium 3 Months After Suspension

Reading Time: < 1 minute Binance has announced that it is now accepting registrations and allowing access to its services for users from Belgium.

CoinShares Unveils a Hedge Fund Unit in US

Reading Time: < 1 minute Digital asset management company CoinShares is launching a division in the country to collaborate with local hedge funds.

The SEC to Tighten Control Over Crypto Exchanges and DeFi

Reading Time: < 1 minute David Hirsch, head of the SEC’s cybersecurity division, has emphasized the regulator’s plans to enforce regulations on DeFi protocols and cryptocurrency exchanges in the near future.

Circle Launches USDC on Polkadot’s Blockchain

Reading Time: < 1 minute USD Coin currently holds the second spot in the stablecoin rankings. At the beginning of 2023, USDC’s market capitalization exceeded $44.5 billion.

Hester Peirce Urges Crypto Companies to Not Leave US Market

Reading Time: < 1 minute SEC Commissioner, also known as “crypto mom,” Hester Peirce, has urged startups to stay in the US market.

Bitcoin’s Dominance Index is About to Grow: Matrixport’s Analyst

Reading Time: < 1 minute Matrixport’s Markus Thielen has suggested the BTC dominance index could continue to rise amid increased price decline risks for popular altcoins.