This week, the FCA — Financial Conduct Authority in the United Kingdom has intensified its efforts against unlawful Bitcoin ATMs by conducting inspections at various locations in East London suspicious…
Binance NFT, the division responsible for non-fungible tokens (NFTs) within the Binance cryptocurrency exchange, has revealed that the Polygon network is now among the supported blockchains available on its marketplace.…
Although the imposition of anti-money laundering standards on cryptocurrencies is not a new concept, the government in India has recently taken the step of notifying all concerned parties about the…
Nexo Capital has recently reached a settlement with the U.S. Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA) regarding the sales of some digital asset…
Monkey Drainer, the 'scam as a service' provider, is shutting down shop. The criminal enterprise gained notoriety last year after its involvement in some high-profile thefts, the most notable of…
Coinbase, a US-based crypto exchange platform, has closed its collaboration with its USD banking partner, Silvergate Bank. The bank cited recent developments as the reason for the move. In the…
Despite being a technological and economic superpower, the United States must catch up in developing its Central Bank Digital Currency (CBDC), a revolutionary digital money developed by countries worldwide. According…
Following the FTX saga, certain hedge funds shut down their operations. In contrast, others persevered and managed to stay afloat by successfully navigating the difficulties of FTX's bankruptcy filing. CoinShares…
The Security and Futures Commission (SFC) in Hong Kong has initiated a public consultation on its new proposal for a licensing regime for cryptocurrency exchanges, which is anticipated to be…
For the past two weeks, the US Securities and Exchange Commission (SEC) has been occupied with cracking down on crypto exchanges operating within its jurisdiction. On the other side of…
As the U.S. Securities and Exchange Commission (SEC) continues its aggressive actions against digital asset firms, observers are keen to point out what they perceive as a misinformed stance of…
The United States Securities watchdog is reportedly targeting crypto exchanges by proposing changes to the rule that would likely impact their services. Part of the proposed rule change is to…
During his heydays as the chief executive officer of the now-bankrupt crypto exchange FTX, Sam Bankman-fried was a celebrated philanthropist. From politicians to students, charity organizations, and others, the former…
The devastating earthquake that struck Turkey and Syria earlier this month left millions of people in the region homeless and desperate for humanitarian aid. The magnitude 7.8 earthquake – the…
The bankrupt crypto lender Celsius is facing a race against time to extend its deadline for filing a restricting plan after its US trustee and creditors objected to the company's…
The crypto safekeeping platform, Zodia Custody, has teamed up with SBI Digital Asset Holdings to launch crypto custody services in Japan. The partnership will see Zodia Custody working with the…
A finance attorney and Voyager creditor, Michelle DiVita, has requested the appointment of a Chapter 11 Trustee in Voyager's bankruptcy case, which would result in Voyager losing control of its…
The Treasury has published a consultation document on regulating crypto exchanges, lenders, and custodians. The document acknowledges that crypto assets offer various benefits but pose risks to consumers. Treasury's Consultation…
The US securities watchdog, (the US SEC) has rejected the Bitcoin spot exchange-traded fund (ETF) proposal submitted by Ark Investment Management for a second time. In July 2021, Ark joined…
Recent data showing institutional purchases of the flagship digital asset indicates that institutional investors in the United States are still bullish on cryptocurrency. The data from Matrixport shows that American…
Prime Trust, one of the leading crypto custodians, recently announced that it would suspend its operation in Texas. The firm announced after withdrawing its application for the Texas Money Transmitter…
The cryptocurrency sector witnessed several tumultuous moments in 2022. The collapse of FTX, one of the prominent crypto exchanges, was one of the significant dips of the year. The news…
According to Tesla's fourth-quarter earnings report released on Wednesday, its BTC assets are still in the red. The business's overall earnings and revenue, however, have outperformed projections. In the last…
Coinbase has taken a move to expand its partnership with sports platforms by agreeing with Borussia Dortmund (BVB), the German professional football team. The deal will see the US-based crypto…
The DoJ's enforcement action against Bitzlato marks an essential milestone in the fight against crypto crime. It is the latest in a series of initiatives by the US government to…