JPEX Unveils Plan to Become a DAO
Struggling cryptocurrency exchange JPEX has pushed forward with a plan to transition into a decentralized autonomous organization (DAO).
Struggling cryptocurrency exchange JPEX has pushed forward with a plan to transition into a decentralized autonomous organization (DAO).
Lawyers for Sam Bankman-Fried are attempting to prevent a Ukrainian customer from testifying in the founder’s trial for a failed cryptocurrency exchange.
The Monetary Authority of Singapore has awarded the company with a Major Payment Institution license, following an in-principle approval given last year.
Institutional investors have expressed concerns about Binance’s financial stability and have started to withdraw their assets.
The Gemini team has recently announced that they will be allocating 2 billion rupees ($24 million) towards projects in the Asian country.
Bloomberg has reported that Kraken will now offer its clients the opportunity to trade shares of companies and ETFs in the US and UK.
Binance has faced a decline in its market share compared to other global competitors that do not offer support for the US dollar this year.

"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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