Coinbase has been pushing for regulatory clarity for the crypto industry in the United States. The crypto exchange has been in court on allegations of securities laws violations, but insists that regulatory clarity is missing, and so there’s no basis for such…
In a Monday October 16 press release, Tether, the largest stablecoin issuer by market capitalization, blocked 32 digital wallets tied to the Palestine terrorist group Hamas. The report indicated that Tether joined forces with the Israeli law enforcement units to weaken the…
BlackRock CEO Larry Fink says the Bitcoin rally triggered by false news on Monday shows how much interest there is in crypto. He described the event as the sign of “pent up interest in crypto.” Fink, whose company has also applied for…
In an official communication, Bosun Tijani, Minister of Communications, Innovation and Digital Economy in Nigeria, confirmed that the government plans to invest in expanding artificial intelligence (AI) technologies. The minister stated that the Nigerian government will provide a grant to finance AI-related…
The European Securities and Markets Authority (ESMA) has pointed out risks associated with decentralized finance (DeFi). The regulator in a report outlined multiple risks that investors in DeFi are exposed to, as well as risks to financial stability. Specifically, the ESMA warned…
The securities and exchange commission (SEC) has refused to file an appeal against the court ruling directing it to reconsider Grayscale’s application for a Bitcoin spot exchange traded fund (ETF). Reuters reported on Friday that the agency made the decision to not…
Top crypto exchange Coinbase has expressed what it calls “serious concerns” about the new tax rules proposed by the IRS. The exchange in a 14-page letter to the Internal Revenue Service on Thursday detailed its concerns about the “nature and scope” of…
In a recent report, the former chief executive of the bankrupt crypto lender Voyager Digital, Stephen Ehrlich, faced two charges for misleading customers. An October 12 report demonstrated that the Commodities and Futures Trading Commission (CFTC) filed charges against the former Voyager…
Crypto hardware wallet maker Trezor has launched new hardware wallets designed to make self-custody of crypto assets easier. The new products are Trezor Safe 3 hardware wallet, a limited edition bitcoin-only version, and the Trezor Keep Metal for recovery seed backup. Trezor…
The world’s biggest crypto trading platform, Binance has introduced copy trading for its futures trading customers. The feature is available on both the Binance website and the app. Traders from all eligible regions can start copying the futures trading strategies of experienced…
Despite the pitched battle to provide regulatory clarity on digital assets, India has witnessed high adoption of crypto assets. CoinDCX, the leading crypto exchange in India, revealed plans to broaden its product offering. The crypto exchange plans to invest heavily in integrating…
J.P Morgan analysts say Ethereum’s increasing staking use is making the network more centralized. This is coming as the use of Ethereum for staking continues to grow following the Merge upgrade executed in September 2022. The Merge brought a proof-of-stake consensus mechanism…
Lawmakers in Taiwan intend to propose a crypto asset bill for first reading by the end of November. A member of Taiwan’s parliament, Yung-Chang Chiang in an interview with The Block said a dedicated crypto asset act is necessary to regulate crypto…
In a recent report the government of Uzbekistan revealed plans to adopt restrictive measures in crypto mining. A bill on licensing crypto mining activities has been discussed in several Uzbekistan legislative bodies. In an exclusive interview with a local newsroom, the National…
The Canadian financial regulator, the Canadian Securities Administrators (CSA) has announced new guidance concerning the trading of stablecoins by crypto exchanges. The agency announced under its interim approach to the trading of stablecoins, that exchanges can trade stablecoins if they strictly adhere…
Top American crypto exchange Kraken has entered an agreement to acquire Netherlands based crypto broker Coin Meester B.V (BCM). The acquisition will strengthen Kraken’s presence in the Netherlands and allow BCM’s clients to benefit from Kraken’s extensive product offering, market-leading liquidity, superior…
Hong Kong financial watchdog, the Securities and Futures Commission (SFC) has joined forces with the Hong Kong police to track suspicious crypto activities in the region. This is coming as crime rate around cryptocurrencies continue to increase as more crypto companies rush…
The world’s first community-led gaming platform, Metacade has partnered with Polygon Labs to drive user acquisition and testing of new games. The partnership is expected to bring a wider audience of gamers from around the world to Metacade. Speaking on the partnership, Metacade’s…
As the crypto sector prepares to tap new opportunities in the upcoming Bitcoin halving, miners in Kazakhstan have expressed concerns on the limitations imposed by the government on crypto mining. In October 3 report the crypto miners advised President Kassym-Jomart Tokayev to…
Top crypto exchange Coinbase has secured a Major Payment Institution license in Singapore after securing an in-principle approval last year. The license granted by the The Monetary Authority of Singapore empowers Coinbase’s Singapore office to offer a wider range of Digital Payment…
