El Salvador Issues First License to Bitfinex
Bitfinex has earned the status of a Virtual Service Provider (VASP) from the El Salvadoran authorities.
Bitfinex has earned the status of a Virtual Service Provider (VASP) from the El Salvadoran authorities.
There is an estimated $2.31 billion worth of funds pending withdrawal from staking.
At 00:30 CET on April 13, the Shapella update was activated on the Ethereum main network, allowing users to withdraw their cryptocurrencies from staking.
Firms such as T. Rowe Price Associates, WisdomTree, Wellington Management and Cumberland are set to reap the benefits of on-chain trading and settlement of currency and interest rate swaps through the Spruce testnet.
Lawyers representing FTX are expected to submit in July a plan to the bankruptcy court for the reorganization of the exchange, with the potential to resume operations.
Sei Network, a Tier 1 blockchain project focused on exchange trading, has raised $30 million at an $800 million valuation.
At the end of 2020, the Bank of France announced its intention to introduce licensing for Bitcoin exchanges and now has turned its focus to the decentralized finance market.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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