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Japan Crypto Asset Exchange License (CEX)

Japan Crypto Asset Exchange License (CEX)
Efficient and fast cryptocurrency exchange
As Bitcoin continues its volatile journey, the latest statement from Federal Reserve Chair Jerome Powell has sparked concerns among investors. Powells remarks suggesting that it may be a “couple of years” before interest rates can be cut have left many questioning the future trajectory of Bitcoins price. With this uncertainty looming, there are growing speculations about a potential crash that could drive Bitcoins value down to $20,000. As the crypto market eagerly awaits further developments, the question remains: Will Bitcoin face a significant downturn in the near future? US Federal Reserve Holds Interest Rates After 10 Consecutive Increases; More Hikes Expected The US Federal Reserve has chosen to maintain the federal funds rate at its current level this month, following a string of 10 consecutive rate hikes since March 2022. The decision reflects positive economic indicators, including job gains and low unemployment rates, while the Feds focus remains on reducing inflation to the target range of 2% to 3%. Although inflation has moderated, with the annual rate at 4%, the Fed aims to achieve 2% inflation and full employment. While the announcement led to stock market declines, gold, and silver prices rose. Fed Chair Jerome Powell indicated that more rate increases are likely by year-end, disappointing crypto market
Binance.US Avoids Total Asset Freeze Through Agreement with SEC Source: Adobe Artsaba Family Binance.US and the US Securities and Exchange Commission have agreed on a compromise that avoids the freezing of the exchanges assets. On Saturday, US Judge Amy Berman Jackson approved an agreement between the two, dismissing a previous temporary restraining order (TRO) that would freeze all Binance.US assets. Under the agreement, Binance Holdings, BAM Management US, BAM Trading Services, and founder Changpeng “CZ” Zhao will repatriate Binance.US customer assets. Furthermore, the US arm of Binance is prohibited from spending corporate assets other than to cover the costs of running its business and US customers are permitted to redeem from the platform. The deal also bans Binance Global from accessing private keys of wallets, hardware wallets, or root access to Binance.USs Amazon Web Services tools. “We are pleased to inform you that the Court did not grant the SECs request for a TRO and freeze of assets on our platform which was clearly unjustified by both the facts and the law,” Binance.US said on Twitter. The SEC requested an asset freeze for Binance.US as part of its lawsuit against the company and its founder Changpeng Zhao. In the complaint, the SEC accused Binance and Zhao of mishandling customer
Incoming NY mayor wants crypto taught in schools Incoming New York Mayor Eric Adams believes schools should be preparing students to navigate the world of cryptocurrency and digital assets. 181 Total views 18 Total shares Listen to article 0:00 News New York Mayor-Elect Eric Adams appears to be doubling down on his pro-crypto stance, asserting that that schools should incorporate cryptocurrency studies into their curricula. Speaking during a Nov. 7 interview with CNNs State of the Union, Adams described cryptocurrency as “a new way of paying for goods and services throughout the entire globe,” urging local schools to equip students for “the new way of thinking” brought about by blockchain technology and digital assets. “We must open our schools to teach the technology, to teach this new way of thinking.” Adams also anecdotally noted surprisingly low awareness of crypto among his young constituents. “When I talked about blockchain and Bitcoins, young people on the street stopped and asked me, ‘What is that?’” said the 61-year-old Democrat. He also indicated plans to encourage New York businesses to accept Bitcoin (BTC) and other cryptocurrencies as a form of payment, saying he would “tread carefully” and “get it right.” The mayor-elect added that New York must remain a “centre of innovation, no matter what