How does CONSTI enable compliance for business users?

Crypto compliance is a broad and evolving topic covering many different areas in an organization, also depending on the jurisdiction, type, and location of your business. When someone is referring to compliance in the field of crypto price feeds and the financial industry, you are usually talking about institutional investors or professional investors who need to document that the prices used meet business, technical, regulatory, legal, tax, or client reporting requirements. Reliable Market Data Accessing reliable market data about cryptocurrencies is important if you are bound to reporting demands or compliance requirements, if you want to achieve such compliance voluntarily, or if you are often looking for a way to address market conformity checks, demonstrate best price execution, or if...

USDC Depegging: Circle Assures Normal Operations

Circle Internet Financial's USDC stablecoin, ranking as the second-largest stablecoin with a market cap of $42 billion, underwent a depegging from the U.S. dollar due to contagion stemming from the collapse of Silicon Valley Bank. This development led to a drop in the USDC/USDT trading pair, which plummeted to as low as 94 cents on Kraken, marking its lowest price point since April 2021. However, it managed to recover to approximately 98 cents as of 02:54 UTC on Saturday.USDC is...
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