🔥EUR Banking Partner Halts Binance Support in September!⚠️
Greetings!
Binance is facing setbacks as its banking partner, Paysafe, ends support. Users must update banking details for EUR transactions, adding to Binance’s regulatory challenges and future uncertainty. They have withdrawn from multiple countries. Shall we explore other news?
Cryptocurrency Price Update: Market Cap Dips to $1.16 Trillion
The global market cap declined to $1.16 trillion on June 29. Bitcoin (BTC) held steady above $30,000.
Bitcoin’s price stood at $30,152.01, while Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL) faced minor losses. BitDAO (BIT) gained over 5% in the past 24 hours, while Conflux (CFX) experienced a significant dip of over 9%.
Stay tuned for more crypto market updates!
Latest News
🔥 Binance: EUR Banking Partner Halts Support in September ⚠️
- Binance faces a setback as its EUR banking partner, Paysafe Payment Solutions Limited, ends support after September 25. 😔
- Users must update their banking details for EUR deposits and withdrawals via Bank Transfer (SEPA) and may need to accept new terms and conditions. 💼
- Paysafe’s withdrawal adds to Binance’s regulatory challenges amid a lawsuit filed by the U.S. Securities and Exchange Commission (SEC). 😓📉
- Binance has already withdrawn from regions like the UK, the Netherlands, and Cyprus, and faced service halts in Belgium. The future of Binance’s operations remains uncertain. 🌍❓
Cathie Wood’s Ark Embraces ‘Silver Bullet’ for Bitcoin Growth 💥🚀
- Wood’s Ark and 21Shares amend their application for a US spot-Bitcoin ETF, bringing a ray of hope. ✨📈
- The amendment includes a surveillance-sharing agreement with a US-based Bitcoin trading platform, following BlackRock Inc.’s lead. 🔄💪
- This move aims to enhance regulatory oversight and transparency, fueling optimism for Bitcoin’s growth. 📊🔍
Hester Peirce Challenges Crypto Laws: Not Everything Is Financial! 💼❌💰
- Hester Peirce, SEC Commissioner, advocates for a reserved approach to US crypto laws, acknowledging diverse use cases. 👩⚖️💡
- Not all cryptocurrency uses should be treated as financial assets, emphasizing regulatory clarity and innovation. 🌟🔒
- Peirce urges self-regulation within the crypto industry to address risks and conflicts of interest. 🤝🚦
Italy’s Central Bank Urges Stablecoin Safeguards to Prevent Massive Runs 🇮🇹🏦🔒
- Bank of Italy emphasizes the need for a robust regulatory framework for stablecoins, protecting consumers. 💪💼
- Stablecoins’ boom and bust cycles have caused significant harm, highlighting the importance of stability. 📉⚠️
- The bank suggests synchronized policy interventions for stablecoins and DeFi to ensure stability and innovation. 🔄🔐
Hong Kong’s Largest ETF Manager Explores Cryptocurrency Integration Opportunity 🇭🇰💼💎
- Hang Seng Investment Management considers including cryptocurrencies in its investment products, following HSBC’s move. 💼💰
- This reflects the growing interest in cryptocurrencies within Hong Kong’s investment landscape. 📈🌆
- The development signals increased acceptance of cryptocurrencies by traditional financial institutions. 🏦🚀
FTX Set for Remarkable Comeback: CEO Engages Potential Investors for Reboot 🔄💥💼
- FTX CEO, John Ray, engages with interested parties for a potential reboot, sparking excitement. 🤝🔥
- Talks with investors aim to secure financing for the relaunch of FTX.com, showing determination. 💪💰
- Figure, a blockchain lending company, expresses interest in the process, adding to the buzz. 💼🚀
- Current FTX creditors may be offered a stake in the reorganized crypto exchange, a potential win-win. 💼💼💰
