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Will Binance CEO Step Down?

Binance continues to be the world’s largest cryptocurrency, while it has faced major regulatory scrutiny as countries have begun to ban it because of its lack of ability to meet the FCA’s anti-money laundering requirements. CEO Changpeng “CZ” Zhao says that he is willing to step down as the company transitions to being a regulated …

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Square Launches a New Bitcoin Business

The digital payments company Square has announced its plans to create a business with a focus on Bitcoin cryptocurrency to design decentralized financial services.  Square CEO Jack Dorsey posts about these new plans on Twitter saying that the company is “focused on building an open developer platform with the sole goal of making it easy …

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Permanent TSB Acquiring Billions from Ulster Bank

Permanent TSB is planning to acquire €7.6 billion in mortgages and small business loans from Ulster Bank as part of the Bank’s phased departure from the Republic of Ireland. While this is only a portion of the €22 billion deposit book, this acquisition can turn Permanent TSB into a major player in the lending industry. …

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New On-chain Governance is Having Large Effects on Blockchain Ecosystem

Cryptocurrencies are an extremely popular form of currency that was designed as a decentralized financial ecosystem, meaning no central bank or government is running it. Over time, some cryptocurrencies have become slightly centralized. Bitcoin is the prime example of a cryptocurrency that has become slightly centralized as users with large holdings could manipulate the market …

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Crypto Companies Head to Ireland

Over time, Ireland has become one of the most desirable technological hubs for companies to create branches in. In particular, cryptocurrency companies are heading to the EU member state to help support their operations in Europe. The companies opening branches in Ireland are doing so with the hopes of filling new positions. The California-based cryptocurrency …

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