ArkotNews

Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.

It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?

The production of the so-called Blocksale chips was announced about a year ago.

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

The central banker said firms like Binance should be forced to disclose legal status and lines of accountability, with extra rules on top of the European Union's upcoming MiCA crypto regulation.

‘White hat’ hackers are working to recover more of the stolen funds as of Monday.

The upgrade may in time attract a new group of investors, Brian Mosoff, said.

The PFP project will release (RED)-themed merchandise to raise funds for The Global Fund to Fight AIDS, Tuberculosis and Malaria.

Around 100,000 users have participated in the country's central bank digital currency pilot since it kicked off in December.