Raymond Munene, Author at MEXC Blog • Page 6 of 14

Revolut Halts Crypto Trading for UK Business Clients Amid New FCA Rules

Raymond Munene December 26, 2023 Market Updates, MEXC Creators

Revolut's suspension of crypto services for UK businesses highlights the growing impact of regulatory changes in the crypto sector.

Singapore and China Initiate Digital Yuan Pilot for Tourists

Raymond Munene December 17, 2023 Market Updates, MEXC Creators

Singapore and China is employing China's central bank digital currency (CBDC), the digital yuan (e-CNY), to streamline tourism spending.

US Senators Introduce Bill to Combat Cryptocurrency Use in Terrorism Financing

Raymond Munene December 17, 2023 Market Updates, MEXC Creators

US senators are taking decisive action against using cryptocurrencies in terrorism financing with the recently proposed the Terrorism Financing Prevention Act.

Tether Implements Sanctions on 161 Ethereum Wallets, Few Hold USDT

Raymond Munene December 17, 2023 Market Updates, MEXC Creators

USDT Tether has recently imposed sanctions on Ethereum wallets flagged by the United States Office of Foreign Asset Controls (OFAC).

HTX Struggles with Massive Withdrawals in Wake of Recent Hack Incident

Raymond Munene December 17, 2023 Market Updates, MEXC Creators

HTX has experienced a staggering $258 million net outflow since resuming operations after a notable hack in November.

Solana’s BONK Memecoin Skyrockets, Now Third Largest Globally

Raymond Munene December 17, 2023 Market Updates, MEXC Creators

BONK, the Solana-based memecoin, has recently became the third-largest memecoin, outshining its competitor Pepe.

MicroStrategy Expands Bitcoin Portfolio, Hits $6 Billion in Holdings

Raymond Munene December 17, 2023 Market Updates, MEXC Creators

MicroStrategy has announced the acquisition of an additional 16,130 BTC, valued at approximately $593.3 million.

Alchemy Pay Gains Ground in US Market with Iowa Licensing

Raymond Munene November 30, 2023 Market Updates, MEXC Creators

Alchemy Pay has recently made significant strides in the U.S. financial market by obtaining a money services license from Iowa.

Spain Mandates Citizens to Report Overseas Crypto Holdings

Raymond Munene November 30, 2023 Market Updates, MEXC Creators

Spain's Government mandates that Spanish citizens holding virtual assets in foreign exchanges declare them by March 31, 2024.

TON Foundation Gains Major Support as Animoca Brands Becomes Top Validator

Raymond Munene November 30, 2023 Market Updates, MEXC Creators

TON Foundation has recently welcomed a significant addition to its network, with Animoca Brands becoming its largest validator.