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Bitcoin Daily: Binance Denies Reports Of Police Raid; Blockchain Expands To Gaming Payments

PYMNTS

In other Binance news, the crypto exchange announced that it has acquired India-based bitcoin exchange WazirX , which will allow customers to buy and sell crypto with Indian rupees on the Binance Fiat Gateway. The population of the country sees these capital controls are put in place, and then they’re going to look for a way around it.

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Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors

PYMNTS

Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. But now the hackers are asking for alternative crypto currencies to bitcoin in their ransom demands. This latest sextortion version is using a Litecoin wallet address instead of bitcoin to evade detection,” Johnson wrote.

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Governments Sending Mixed Signals On Blockchain

PYMNTS

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. SEC Chairman Jay Clayton spoke Monday (Jan.

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The 2023 GonzoBanker Awards

Gonzobanker

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. Merger of Equals Deal of the Year (Bank) – Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc. stake in Valley Bank.

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Payments and passports

Tomorrow's Transactions

If a British bank were to get a US banking passport this would presumably be equivalent to the implicit granting of a national bank charter and state regulators do not seem enthusiastic about the granting of more national bank charters. That’s how capitalism is supposed to work.

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Crypto regulatory wargames

Lex Sokolin

The SEC, OCC and CFTC have been generally more cautious not to step on financial technology innovation. the allure of institutional capital is a constant glimmer of greedy, opportunistic hope. As an example, don’t think about Goldman Sachs or JP Morgan who can extend their budget and human capital to defend position.

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Crypto regulatory wargames

Lex Sokolin

The SEC, OCC and CFTC have been generally more cautious not to step on financial technology innovation. the allure of institutional capital is a constant glimmer of greedy, opportunistic hope. As an example, don’t think about Goldman Sachs or JP Morgan who can extend their budget and human capital to defend position.