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Cryptocurrency exchanges

US SEC invites public opinion on DeFi exchanges, LSE enters bitcoin futures and options

The U.S. Securities and Exchange Commission has invited public feedback on what counts as an ”exchange” in the light of DeFi crypto platforms performing similar trades as a stock exchange. The SEC considers decentralized platforms as similar to an exchange, and thus aims to extend its regulatory framework to DeFi services. There are several ways…

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Cryptocurrency exchanges

An ex-SEC official questions whether the FTX crash will spur Congress to pass crypto regulations

According to Lisa Braganca, a former enforcement branch chief at the U.S. Securities and Exchange Commission, the failure of FTX may prompt more calls for regulation on Capitol Hill, but she is skeptical that Congress will take any action. During an appearance on CoinDesk’s “First Mover” program on Wednesday, Braganca stated, “I have serious doubts…

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Cryptocurrency exchanges

Crypto Exchange Zonda Expands To Denmark To Boost Its User Base Across Europe

In order to allow users to trade, buy, and hold more than 60 different cryptocurrencies on the exchanges, the largest cryptocurrency exchange in Eastern Europe, Zonda, has announced its expansion to Denmark. As part of its vision to rule the continent, Zonda, one of the biggest cryptocurrency trading platforms in Eastern and Central Europe, recently…

Cryptocurrency

Newer Ethereum Would Be More Energy Efficient!

Ethereum, the primary blockchain backing Ether, is declaring a grand update, aiming to decrease the enormous energy consumed in Ether mining by 99.95 percent.  In addition, the company announced a move to Proof-of-Stake (PoS) mechanism away from the existing Proof-of-work (PoW). For the uninformed, Blockchain is a virtual circulated database that records every transaction, making…