Category: News
Cryptocurrency News
FCA Arrests Two Suspects in $1.2 Billion Crypto Business
The Financial Conduct Authority of the United Kingdom has recently taken financial criminals into custody. As per the details about the case, the apprehended party…
South Korea Asks Crypto Exchanges to Regularly Review Listed Tokens
The regulatory agencies of South Korea have ordered local cryptocurrency trading platforms to review local token listings. The notification has indicated that FSC has notified…
Terraform Labs Announces to Cease Operations After $4.5 Billion SEC Settlement
Terraform Labs is planning to sell important projects based on the Terra network. Once the sales are concluded, the firm will hand over control of…
MicroStrategy Plans to Buy More Bitcoin by Selling $500 Million in Convertible Notes
MicroStrategy has announced the issuance of an additional $500 million stocks. The stocks are set to be sold to firm’s investors to raise funds for…
FTC Warns Crypto Investors of Increasing Crypto Romance Scams
FTC has issued a warning to inform cryptocurrency investors about the sudden rise in romance scams. The notification posited that cryptocurrency investors should learn about…
Ripple Partners with Georgia’s National Bank to Digitize Local Economy
Ripple, the firm behind the XRP token and Ledger, is now working with the National Bank of Georgia. It is important to note that Ripple…
Robinhood Plans to Offer Crypto Institutional Trading in the US by Acquiring Bitstamp Exchange
Robinhood has finalized a $200 million deal with Bitstamp. The firm is currently in the middle of dealing with a Wells notice from the Securities…
Tether Introduces XAU1 Stablecoin to Drive Cross-Border Payments
Tether, the largest stablecoin project by market cap, has decided to invest around $18.75 million in a parallel project named XAU1. Tether has maintained that…
Qatar Launches the First Phase of Central Bank Digital Currency
The Central Bank of Qatar has unveiled the plans to introduce a new CBDC. The government officials have stated that CBDC is part of the…
Argentina to Learn from El Salvador’s Bitcoin Success
The Latin American nation is set to take a page out of El Salvador’s Bitcoin program. The project noticed that Bitcoin adoption and other cryptocurrency…
YouTuber Ian Balina Loses Case Against SEC for Selling Unregistered Securities
YouTuber Ian Balina lost the case against the Securities and Exchange Commission recently. As per the report, a federal United States judge issued the verdict…
US Legislators Approve FIT21 Cryptocurrency Bill with Bipartisan Support
Democratic and Republican legislators in the United States recently approved the FIT21 bill directed toward cryptocurrencies. The bill was approved following a voting event at…
US Presidential Candidate Donald Trump Announces to Accept Crypto for His Campaign
Trump is currently facing multiple lawsuits in the running as a Republican Party nominee to face off in the upcoming Presidential elections against the Democratic…
Taiwan Solves $6.2 Million Crypto Fraud with the Help of Binance
Binance is working with the regulators of Taiwan to bust scammers. The prosecutors in Taiwan have put together evidence that has led to the indictment…
Robinhood Launches SOL Staking for European Investors
Robinhood, a digital and commission-free trading platform, that also offers cryptocurrency trading services is extending its suite of services. Robinhood is working on launching SOL…
OKX Introduces Local Regulated Cryptocurrency Exchange in Australia
OKX exchange, one of the largest in terms of trading volume, has recently launched a new wing in Australia. The report noted that the new…
Franklin Templeton CEO Predicts that Blockchain Will Host All ETFs and Mutual Funds
CEO of the financial firm Franklin Templeton recently predicted that blockchain is set to host all the ETFs and mutual funds. She further stated the…
Canadian Regulatory Agency Fines $4.4 Million for CFT and AML Violations
Binance is facing regulatory troubles. FINTRAC, the financial regulatory service provider in Canada, recently reported that the firm was involved in allowing 5,902 transactions between…
Hong Kong Central Bank Sets Up Committee to Explore Tokenization Market
Regulatory Agency HKMA and SFC working as regulatory authorities in Hong Kong have joined forces with HSBC and HashKey. The coalition has been formed in…
Hong Kong Crypto ETFs Fail to Grab Investor Attention
The Ethereum and Bitcoin spot ETFs issued and approved within Hong Kong are yet to amass the popularity and traction of their American contemporaries. It…
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