Crypto market capitalization rose 2.3% in the past 24 hours.
The regulator is also seeking to have the platform blocked in the country.
Major creditors are opposed to the restructuring plan and have requested an independent review.
Armstrong said the recent enforcement action against bad actors such as Binance or former crypto exchange FTX could “close the chapter” on that part of crypto’s history.
An earlier-than-expected spot bitcoin ETF in the U.S. could be the key catalyst, said the bank.
What sort of impact will Binance's massive settlement have?
The BIS project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the initiative said.
The crypto exchange, which is settling charges with the Department of Justice, will appoint a monitor as well.
Confused by crypto taxes? CoinDesk rounds up expert opinion on what you should be paying, how to avoid paying too much, and what to do if you are unsure, sponsored by TaxBit.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 16-22, with live updates throughout.
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The 6045 digital asset broker regulations are likely to greatly increase the cost of filing your crypto taxes, says Kirk David Phillips, CPA.
Crypto market capitalization rose 2.3% in the past 24 hours.
The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 16-22, with live updates throughout.