“We need to harmonize basic requirements for these smart contracts” to ensure interoperability, legal certainty and large scale deployment, said Breton, the commission’s lead official responsible for ...
Tag: Limit
UK’s Third Largest Bank NatWest Places £1,000 Daily Limit on Crypto Deposits
Popular UK-based financial institution National Westminster Bank (NatWest) has restricted the funds its customers can spend on crypto purchases to reduce their exposure to the volatile asset class. Ac...
NatWest bank puts $6K monthly limit to crypto exchange payments
NatWest, a retail and commercial bank in the United Kingdom, is taking measures to protect customers from potential crypto losses amid Bitcoin (BTC) hitting multi-month highs. On March 14, NatWest int...
MakerDAO voting to limit dai volatility during market emergencies
MakerDAO delegates are voting on a proposal to introduce a debt ceiling breaker for collateral assets used to mint dai — to prevent situations where the protocol’s stablecoin is adversely impact...
MakerDAO looks to limit volatility after USDC troubles pushed some users to DAI
MakerDAO, which manages the “decentralized” dai stablecoin, launched an emergency proposal to reduce the amount of DAI that can be minted with other centralized stablecoins after concerns ...
Bank Deposits Over the FDIC Limit Are Risky. How to Protect Yourself.
Government regulators took the extraordinary step over the weekend of making whole uninsured depositors at two failed banks, but savers shouldn’t count on similar treatment if other banks fail in the ...
MakerDAO launches emergency proposal to limit USDC exposure
MakerDAO’s risk unit issued an emergency proposal to its governance community following the depegging of the USDC stablecoin after the collapse of Silicon Valley Bank. Maker is the DeFi lending ...
Bitcoin’s DeFi Functionality Boosted Thanks to Rootstock’s New Features and Locking Limit Removal
Rootstock improved its DeFi environment for the Bitcoin ecosystem with seven new solutions and moved closer to full decentralization. In February 2023, Rootstock integrated with seven additional proto...
Big Eyes Coin: is Soaring without limit
SPONSORED POST* Investing in cryptocurrency could diversify your portfolio and yield substantial returns, depending on the type of asset you dabble in. Cryptocurrencies mostly being on a decentralized...
Researchers Quantify Market Risks As Debt Limit Deadline Nears
NEW YORK, NY – Researchers see potential volatility in equity and credit markets as debt ceiling … [+] deadline nears. (Photo by Scott Heins/Getty Images) Getty Images Researchers at the K...
DCTA Lobbyists Ask Retail Investors to Help Limit SEC Crackdown
The consumer advocacy group, Digital Currency Trader’s Alliance (DCTA), has called on retail crypto investors to lobby their congressional representatives to fight the Security and Exchange Commission...
Lido Finance activates staking rate limit after more than 150,000 ETH staked
Liquid staking protocol Lido Finance activated a protocol safety feature called “staking rate limit” after more than 150,000 Ether (ETH) was staked with the protocol in a single day. Lido is a liquid ...
Lido Finance activates Staking Rate Limit as deposits surge above 150,000 ETH
Rather than pausing ETH deposits, Lido Finance, one of the most popular DeFi liquidity staking protocols, has activated the Staking Rate Limit, the dApp, through a tweet on Feb. 25 said. The Staking R...
US Representative Tom Emmer Introduces Legislation to Limit Fed
Tom Emmer, a representative for Minnesota in the United States House of Representatives, has proposed a piece of legislation that, if passed, would prevent the Federal Reserve from launching a central...
CBO Estimates Summer Default If No Debt Limit Deal Reached
Treasury Secretary Janet Yellen previously indicated that extraordinary measures would expire “early … [+] June” the Congressional Budget Office have now shared their own estimates (...
Biogen Stock Slumps As Pressure Points Likely To Limit 2023 Alzheimer’s Sales
Biogen (BIIB) stock was hamstrung Wednesday on a mixed 2023 outlook that assumes expenses for new Alzheimer’s treatment will outpace its sales. X Despite beating fourth-quarter expectations, Bio...
Kansas bill may limit individual crypto donations at $100
The Kansas legislature is looking into a new bill limiting individual crypto donations to $100 for elections. Under the campaign finance act, the bill will also mandate the disclosure of addresses and...
Banks limit deals with crypto firms amid rising regulation
As per an S&P report, banks have started limiting their interactions with crypto firms. However, firms like Coinbase will continue operations as normal. Banks in the traditional finance sector ar...
What to know about $10,000 deduction limit for state and local taxes
Rep. Bill Pascrell, D-N.J., speaks at a news conference announcing the state and local taxes caucus outside the Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images A group of bipartis...
Dexalot – A Decentralized Central Limit Order Book Exchange
Berk Ozdogan aka Firestorm is the Head of Strategy at Dexalot, a decentralized central limit order book exchange. Previously, he worked in traditional finance at JP Morgan, Deutsche Bank, and Bank Of ...
Twitter Boosts Character Limit To 4,000 For Twitter Blue Subscribers
Topline Twitter massively expanded its tweet length limit for U.S.-based Twitter Blue subscribers Wednesday, marking just the second time in the company’s 16-year history it has tweaked its character ...
Limit Break’s Upcoming Super Bowl Commercial Breaks the Paradigm for Online Gaming; Interactive Advertising
Company plans to give away thousands of NFTs (non-fungible tokens) to viewers, introducing massive audience to DigiDaigaku PARK CITY, Utah–(BUSINESS WIRE)–Limit Break, a blockchain-based Web 3 company...
Will the Debt Limit Fight Impact Pentagon Spending?
The looming fight over increasing the debt limit raises multiple questions, from whether it will lead to a government shutdown to the potential impact on the United States’ credit rating. But those ar...
What’s Next For Markets As The U.S. Reaches It Debt Limit?
Markets are starting to show some concern as the debt limit is reached. (Photo by William Thomas … [+] Cain/Getty Images) Getty Images The clock is ticking on the U.S. debt limit, which was alre...
Fed policy to align bank oversight could limit crypto activities by state banks
The United States Federal Reserve Board announced on Jan. 27 that it was issuing a policy statement regardin limitations on banks. The policy seeks to create a level playing field and limit regulatory...
Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse
For much of 2022, the crypto market focused on the United States Federal Reserve’s actions. The central bank created a bearish environment for risk-on assets like stocks and cryptocurrencies by increa...
What Is the Limit of Smart Contracts?
When Ethereum introduced smart contracts into the blockchain ecosystem, everything changed. Suddenly, the possibility of building an entire financial system built on trustless principles came into vie...
Signature Bank Limit on SWIFT Transactions with Binance Affects Few
Signature Bank has told Binance it will no longer be handling SWIFT transactions for its customers below $100,000 next month in a bid to decrease its reliance on digital asset deposits. Support for tr...
China Slams US on Debt Limit and Accuses Washington of Sabotage
(Bloomberg) — China invoked the US’s brinkmanship over its own debt limit as it hit back at Treasury Secretary Janet Yellen’s criticism of Beijing’s handling of debt issues in developing countri...
Binance says Signature Bank will introduce $100k transaction limit
Binance said that Signature Bank would only issue crypto transactions worth at least $100,000 starting from Feb. 1, 2023, as reported by Business Standard (BS). Binance said: “One of our fiat banking ...