Carlos Abiassaf

The New York State Department of Financial Services has directed Paxos to cease the issuance of its Binance USD (BUSD) stablecoins. The regulator has taken this action due to "unresolved issues" related to Paxos' relationship with Binance. BUSD is Binance's dollar-pegged stablecoin, which is used

The Securities and Exchange Commission (SEC) has charged Kraken, a well-known crypto asset trading platform, with failing to register its crypto asset staking-as-a-service program. The charges come after the SEC found that Kraken has been offering and selling its staking services to the general public since 2019. As part of

By now I am sure you are aware of the massive rally that has been happening for a month in financial markets, this refreshing uptrend left behind it a lot of people who were waiting for lower lows that never happened. This rapid increase in prices trapped a lot of

On Tuesday and Wednesday was held the first FOMC meeting of 2023. The importance of this meeting comes after the current rally we witnessed in crypto with most cryptocurrencies going up 30% and even more from the lows. Biggest takeaway: * The FED hicked rates by 0.25 bps (which was

The giant crypto broker and lender Genesis is considering filing for Chapter 11 Bankruptcy. Today the company laid off more than 30% of the employees, following a previous 20% layoff of staff in august. Genesis had asked yesterday clients to be patient as the company is sorting out its finances.

In light of the FTX collapse, which left an 8 Billion Dollar hole in the company balance sheet, many investors are withdrawing their funds from more traditional trading institutions to wallets in their own custody. At this point in the crypto winter, trust is at its lowest. People are rushing