Outage risks: power shedding will apply to all geographic areas on a rotational basis

Stablecoin Markets Shift as Binance Begins USDC Conversions

Last resort envisaged by RTE in the event of tension on the electricity network, load shedding will spare no sector for the sake of equality. The manager and the energy company insist on the existence of other measures upstream of these large-scale cuts. “We don’t see ourselves being relieved.” Jean-Paul Roubin, Executive Director Customers and … Read more

South Africa: Cryptocurrency exchanges will have to apply for licenses in 2023

Bitcoin Cryptocurrency Price Trades Above 25000 For The First Time

(Ecofin Agency) – After classifying crypto-assets as financial products, South Africa now wants to regulate the activities of cryptocurrency exchange platforms without giving legal tender to these digital currencies. Cryptocurrency exchanges will need to apply for licenses between 1er June and November 20, 2023 to be able to operate legally in South Africa, the Financial … Read more

FTX.US Becomes The Latest Crypto Exchange To Apply For A Banking Charter

Sam Bankman-Fried’s U.S. crypto exchange FTX subsidiary has applied for a New York trust charter (becoming a New York Limited Liability Trust Company) with the State Department of Financial Services (NYDFS). If approved, the coveted license will allow FTX.US to offer its cryptocurrency trading services to New York-based clients. Additionally, a NY Trust charter allows … Read more