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Top 7 Wall Street movies you must watch

Discover the best of Wall Street cinema with these top seven films, featuring captivating tales of finance, ambition and power.

Regulation and risk: Factors driving demand for a euro-backed stablecoin

The world’s second most widely held reserve currency seems to be underrepresented in the stablecoin space.

Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank

A total of five crypto companies end their partnership with Silvergate bank on March 2 after a series of lawsuits and investigations against the fintech bank.

UAE free zone to explore Bitcoin payments for services, lawyer says

The free zone for virtual asset firms in the Ras Al Khaimah emirate aims to foster regulated and non-regulated activities.

U.S. lawmakers argue SEC accounting policy places crypto customers at risk

While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators.

Binance USD market cap falls below $10B amid rising regulatory concerns

As it stands today, BUSD's market cap has fallen by nearly $14 billion since its all-time high of $23.49 billion on Nov. 15, 2022.

Celsius Custody customers finally begin withdrawals 263 days after freeze

Celsius users with funds held in its custody program have finally begun to withdraw funds, but users report delays due to a backlog of requests.

$3M OKX airdrop, 1 hour due diligence on 3AC, Binance AI — Asia Express

OKX reimburses $3M to users after alleged market manipulation incident, Binance unveils AI generated NFTs and FTX Japan users made whole.

SEC chair implies crypto exchanges may not be ‘qualified custodians’ as new rule is drafted

Gary Gensler praises the SEC Investor Advisory Committee’s proposed rule on safeguarding advisory client assets, but thinks crypto firms may not be up to snuff.

UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report

The banks join a growing list of financial institutions in the country tightening restrictions on digital assets.

Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets

Three United States senators have written a letter to the CEOs of Binance and Binance.US with a long list of objections to the companies’ perceived policies and actions.

US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers

A letter from two U.S. senators cited reports of Instagram being behind many teenagers experiencing suicidal thoughts, and Meta's failure to stop harmful ads aimed at young adults.

Proposed South Dakota amendment to UCC would prohibit cryptocurrencies, but not CBDC

The bill authored by a Republican state legislator would prevent the use of cryptocurrency as a medium of exchange after July 1, 2024.

Michael Saylor is still on the hook for alleged tax evasion, says MicroStrategy filing

A D.C. court denied a motion to dismiss claims that Michael Saylor failed to pay personal income taxes, with a status conference on the matter scheduled for March.

Coinbase no longer accepts payments via Silvergate Bank

Following the alleged troubles at Silvergate Bank, Coinbase announced that the crypto exchange will no longer accept or initiate payments with Silvergate.

Binance custody partner clarifies Singapore licensing plans

Binance recently rebranded its custody arm, now called Ceffu, which launched in Singapore in November 2022.

BlockFi execs, Gemini named in proposed lawsuit by a disgruntled investor

Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities.

Decentralized finance to be examined at inaugural CFTC tech advisory meeting

A panel at an upcoming advisory meeting for the financial regulator will “explore issues in decentralized finance.”

Crypto distribution is uneven among banks as prudential exposure rises: BIS report

One bank accounts for almost 62% of all crypto asset prudential exposure; almost two-thirds of banks holding crypto are in the Americas.

‘Account abstraction’ supercharges Ethereum wallets: Dummies guide 

Ethereum’s just-launched ERC-4337 ‘account abstraction’ standard is a game changer for user-friendly crypto payments and mainstream adoption.

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