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SEC

SEC Drops SAB 121, US Banks Can Now Custody Crypto

In summary The SEC’s new SAB 122 guidance removes the requirement for banks to treat customers’ crypto assets as liabilities, simplifying compliance. This change allows banks to securely custody Bitcoin and other cryptocurrencies without incurring significant financial burdens. The policy shift signals a pro-crypto stance in the US, with regulators easing restrictions and encouraging growth […]

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FTX

The Rise and Fall of FTX – A $32 Billion Empire Vanishes into Thin Air

How did an empire once valued at $32 billion collapse in just 7 days? FTX was founded in 2019 during Sam Bankman-Fried’s (Sam) business trip to Hong Kong. This marked the birth of the second-largest cryptocurrency exchange in the crypto market at that time. FTX’s development was considered to be on par with Binance, the

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Blockchain

History of Blockchain: The process of formation and development

The term “cryptocurrency” originated in 2009 with the emergence of Bitcoin, which is considered a significant milestone marking the birth of the crypto market. However, the technology behind this success is blockchain. From an idea in research papers, blockchain was later widely developed and applied in cryptocurrency networks in particular and everyday life in general.

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Bilaxy

What is Bilaxy Exchange? Review & User Guide for Bilaxy (2022)

What is Bilaxy Exchange? Should you trade on Bilaxy? Check out the review and Bilaxy registration guide here! What is Bilaxy Exchange? Bilaxy is a centralized cryptocurrency exchange (CEX) that launched in April 2018 and is registered in the Republic of Seychelles. Bilaxy’s most notable feature is its fast token listing speed, even if it’s

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Yobit

What is Yobit Exchange? Review & User Guide for Yobit

What is Yobit Exchange? Should you trade on Yobit? Check out the review and Yobit registration guide here! What is Yobit Exchange? Yobit is a cryptocurrency exchange that was established in 2015. Headquartered in Russia, it quickly expanded to other countries. The exchange was first introduced on the BitcoinTalk forum. Yobit emerged alongside other exchanges

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