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Latest headlines from Coindesk.

South Africa Is Poised to License 60 Crypto Firms by Month End: Bloomberg

Crypto companies that wanted to continue operating in the country had to apply for a license with the Financial Sector Conduct Authority from June 1.

https://www.coindesk.com/policy/2024/03/13/south-africa-is-poised-to-license-60-crypto-firms-by-month-end-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Arbitrum's ARB, Polygon's MATIC Lead Gains as Ethereum's Dencun Upgrade Goes Live

Ethereum's Dencun upgrade enabled a new way of storing data that was forecast to dramatically cut costs for interacting with layer-2 networks.

https://www.coindesk.com/markets/2024/03/13/arbitrums-arb-polygons-matic-lead-gains-as-ethereums-dencun-upgrade-goes-live/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Jack Dorsey's Block Begins Shipping Bitkey Bitcoin Wallets

Block unveiled Bitkey for pre-order in 95 countries last December having commenced beta testing during the summer.

https://www.coindesk.com/tech/2024/03/13/jack-dorseys-block-begins-shipping-bitkey-bitcoin-wallets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ethereum Activates 'Dencun' Upgrade, in Landmark Move to Reduce Data Fees

A key element of the upgrade is to enable a new place for storing data on the blockchain – referred to as "proto-danksharding," which gives room for a dedicated space that is separate from regular tra...

https://www.coindesk.com/tech/2024/03/13/ethereum-activates-dencun-upgrade-in-landmark-move-to-reduce-data-fees/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

PancakeSwap Decentralized Exchange Unveils Version 4 to Make Trading More Efficient

The platform is adding four features designed to make trading faster, cheaper and more customized.

https://www.coindesk.com/tech/2024/03/13/pancakeswap-decentralized-exchange-unveils-version-4-to-make-trading-more-efficient/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Toncoin Rises 61% in Two Days as Telegram Eyes Potential IPO

While officially separate, Telegram endorsed Ton Network as its blockchain of choice in September.

https://www.coindesk.com/business/2024/03/13/toncoin-rises-61-in-two-days-as-telegram-eyes-potential-ipo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Coinbase Plans $1B Bond Sale

The latest price moves in bitcoin (BTC) and crypto markets in context for March 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/03/13/first-mover-americas-coinbase-plans-1b-bond-sale/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

EU Regulators Publish Batch of Draft Rules for Stablecoins Under MiCA

The draft Regulatory Technical Standards (RTS) lay out requirements for issuers when dealing with complaints about stablecoins referencing multiple currencies.

https://www.coindesk.com/policy/2024/03/13/eu-regulators-publish-batch-of-draft-rules-for-stablecoins-under-mica/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Indonesia’s Finance Regulator Issues New Crypto Regulation to Strengthen Industry

This is part of the preparations for the transition of crypto supervision to OJK by January 2025.

https://www.coindesk.com/policy/2024/03/13/indonesias-finance-regulator-issues-new-crypto-regulation-to-strengthen-industry/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report

Earnings already subject to the 15% capital gains tax don't need to be included when calculating income taxes.

https://www.coindesk.com/policy/2024/03/13/thailand-greenlights-income-tax-exemption-for-investment-token-earnings-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ClearToken Raises $10M From Institutional Investors Including Nomura’s Laser Digital

The crypto clearing house plans to start preliminary settlement services in the U.K. this year, subject to regulatory approval.

https://www.coindesk.com/business/2024/03/13/cleartoken-raises-10m-from-institutional-investors-including-nomuras-laser-digital/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters

A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024.

https://www.coindesk.com/policy/2024/03/13/terraform-labs-allowed-to-hire-law-firm-dentons-in-bankruptcy-case-by-us-court-reuters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Instant Settlement Needed to Compete With Crypto, India's Markets Regulator Says

The chairperson of India's markets regulator has warned that if it doesn't offer instant settlement investors will move to spaces like the crypto industry.

https://www.coindesk.com/policy/2024/03/13/instant-settlement-needed-to-compete-with-crypto-indias-markets-regulator-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Eyes $74K as BTC ETFs See Record $1B in Net Inflows

Spot bitcoin exchange-traded funds took in 14,706 BTC, or over $1 billion, in net inflows on Tuesday, data tracked by BitMEX Research shows.

https://www.coindesk.com/markets/2024/03/13/bitcoin-eyes-74k-as-btc-etfs-see-record-1b-in-net-inflows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether Could See Price Correction After Dencun Upgrade, QCP Capital Says

QCP's sentiment towards ETH is cautiously optimistic, with concerns about potential corrections and the impact of leverage in the market.

https://www.coindesk.com/markets/2024/03/13/ether-could-see-price-correction-after-dencun-upgrade-qcp-capital-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance-Nigeria Brawl Continues As Country Asks Exchange to Submit List of Top 100 Users

Nigeria wants Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months, the Financial Times reported on Tuesday.

https://www.coindesk.com/policy/2024/03/13/binance-nigeria-brawl-continues-as-country-asks-exchange-to-submit-list-of-top-100-users/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. Govt. Study Concludes No NFT-Specific Legislation Needed Yet, Current Copyright Laws Adequate

The current intellectual property laws are adequate to deal with concerns about copyright and trademark infringement associated with non-fungible tokens (NFTs).

https://www.coindesk.com/policy/2024/03/13/us-govt-study-concludes-no-nft-specific-legislation-needed-yet-current-copyright-laws-adequate/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SEC Orders First Trust-SkyBridge to Declare its Bitcoin ETF Application Abandoned

First Trust was one of the first to file for a BTC ETF, and was rejected by the SEC in January 2022.

https://www.coindesk.com/markets/2024/03/13/sec-orders-first-trust-skybridge-to-declare-its-bitcoin-etf-application-abandoned/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

How an Appeals Court Ruled on an Aspiring Class-Action Lawsuit Against Binance

A federal appeals court ruled last week that Binance needs to face a putative class-action lawsuit from a group of U.S.-based crypto investors who allege the exchange allowed them to buy and trade unr...

https://www.coindesk.com/policy/2024/03/13/how-an-appeals-court-ruled-on-an-aspiring-class-action-lawsuit-against-binance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines