Why Bittrex Was Denied BitLicense

Shirin Emami, executive deputy superintendent for banking at the New York State Department of Financial Services, breaks down why Bittrex was denied a BitLicense. Emami cites deficiencies in the areas of transaction monitoring, customer identification, and listing standards.

Binance Moving Off Ethereum

Binance has released details of its plans to move its BNB token off the Ethereum platform and onto its own blockchain dubbed Binance Chain. BNB tokens will be activated on Binance Chain on Tuesday, April 23, though the timeline is subject to change.

What Coinbase’s Support Of Proof Of Stake Means

Coinbase Custody recently announced it will provide staking support for the Maker, Tezos, and Cosmos platforms. Coinbase Custody head Sam McIngvale breaks down how the move will benefit institutional investors and some of the problems that still need to be worked out.

BSV Price Falls As Binance Promises To Delist

Fed up with Craig Wright’s purportedly unethical actions toward those who disagree with him, Changpeng Zhao, CEO of Binance, announced that the exchange will delist the Bitcoin Satoshi’s Vision (BSV) digital token on Monday, April 22. This announcement apparently caused the price of BSV to plummet.