Bitstamp's Bold Move: PEPE & Solana (SOL) Now Trading in the US!

29.11.2024 60 times read 0 Comments

Bitstamp Officially Lists PEPE & Solana (SOL) In The US

The cryptocurrency exchange Bitstamp has made a significant move by officially listing both PEPE and Solana (SOL) in the United States, as reported by Watcher Guru. This decision marks a reversal for SOL, which had previously been suspended from trading on the platform following the SEC's classification of it as an unregistered security. With this new development, Bitstamp follows other platforms like Robinhood that have also embraced these cryptocurrencies.

This year has seen substantial shifts in the crypto landscape with Donald Trump's election victory expected to bring regulatory changes favorable to digital assets. As Gary Gensler steps down from his role at the SEC, pro-crypto figures are anticipated to take charge, potentially easing regulations further. Amidst these developments, PEPE continues its upward trajectory with over 107% growth in value recently.

Coinbase Ends USDC Rewards in Europe as MiCA Deadline Looms

According to Decrypt, Coinbase is set to end its USDC yield program for customers within the European Economic Area starting December 1st due to upcoming EU stablecoin regulations under MiCA. These rules classify stablecoins as electronic money tokens and prohibit interest-earning features while requiring issuers to maintain sufficient reserves.

The announcement was communicated via email where users were informed about receiving their final payments in early December before rewards cease entirely at November's end. Many expressed dissatisfaction online regarding this change; however, Coinbase plans detailed transition strategies helping Europeans switch to compliant coins such as EURC or USD Coin ahead of full enforcement coming late next month.

Bullionz Launches Revolutionary New Crypto Exchange

Morningstar reports Bullionz has launched an innovative cryptocurrency exchange, expanding beyond gold trading into digital asset markets. The platform offers diverse selections including Bitcoin, Ethereum, Litecoin, Dogecoin, Shiba Inu, and XRP alongside the flagship BTXG token backed by physical gold. This provides unique investment opportunities hedging against volatility through a hybrid approach combining traditional precious metals and technological advancements in blockchain technology. Bullionz ensures a secure and efficient user experience with comprehensive support and advanced tools available for investors to navigate seamlessly between accounts and optimize strategies effectively, setting industry standards and inspiring competitors to innovate and expand services globally. This attracts broader audiences, including those initially concerned with trustworthiness and safety, as the platform establishes a reputation and credibility as a leader in the sector, poised to drive widespread adoption of similar products and future financial instruments, blending stability and innovation together successfully to bridge the gap between two worlds, creating safer entry points for newcomers exploring possibilities offered by emerging trends shaping tomorrow today!

Japan FSA Issues Warning To Bybit And 4 Other Exchanges

The Financial Services Agency (FSA) of Japan issued warnings to five overseas exchanges operating without proper registration, violating local laws according to a CoinGape report. This highlights risks associated with a lack of oversight and compliance measures, protecting consumers from potential losses. The absence of legal protections in disputes and unexpected situations leaves participants vulnerable to insolvency breaches, unable to seek compensation without necessary safeguards implemented by registered entities. Adhering to strict guidelines and maintaining transparency and integrity in operations is essential for fostering confidence and trust among participants engaged in responsibly conducted transactions. This aligns with global efforts to tighten grips on regulating sectors worldwide, enhancing clarity while supporting innovations, and balancing the interests of stakeholders positively and negatively impacted by decisions made by authorities overseeing activities related to fields within respective jurisdictions.

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Article Summary

Bitstamp has listed PEPE and Solana (SOL) in the US, reversing a previous suspension of SOL due to SEC concerns, while Coinbase ends its USDC rewards program in Europe ahead of new MiCA regulations. Meanwhile, Bullionz launches an innovative crypto exchange blending gold with digital assets, and Japan's FSA warns five exchanges for operating without proper registration.