Category: News
Cryptocurrency News
Hong Kong Regulatory Authority Approves First Spot Bitcoin and Ethereum ETFs
The security regulator of Hong Kong has recently approved the first-ever Bitcoin and Ethereum ETFs. As mentioned in a recent report that in-kind creation model…
Binance’s Legal Troubles Threaten Nigeria’s Web3 Sector
The Binance branch of Nigeria has been facing legal troubles. A new report indicated that the head of the cryptocurrency intercommunity working group in the…
DeFi Crypto Exchange Uniswap Receives Wells Notice from the US SEC
DeFi protocol Uniswap received a Wells notice from the Securities and Exchange Commission on 10th April. Uniswap’s Reaction Towards SEC Wells Notice It is important…
Crypto.com Receives Approval to Trade Crypto in Dubai
Crypto.com has now become one of the biggest entities based in Dubai offering crypto trading services. Investors based in Dubai have become the first ever…
Coinbase Gets Restricted Dealer License in Canada
Coinbase is operating two entities in Canada as per a new report. The first firm is Coinbase Canada which has an international trading services provider…
Grayscale Launches Crypto Investment Fund Focusing On Staking Rewards
Grayscale Investments has confirmed an investment fund customized for sophisticated clients eager to expose their portfolios to income generated from staking crypto tokens. Based on…
Ripple is Planning to Launch Dollar-Based Stablecoin to Compete Against USDT and USDC
Ripple is expecting stablecoin to surpass $2 trillion before 2028. the firm is working on introducing a new stablecoin. The firm responsible for issuing XRP…
Crypto Derivatives Platform Deribit Moves to Dubai After Acquiring VARA License
Derivatives exchange Deribit reportedly secured a VARA license recently as per a new Cointelegraph article. Following the license, the firm announced that it is shifting…
Data Regulators in Portugal Halt Worldcoin Activities for 90 Days
The data regulatory authority of Portugal has asked Worldcoin to seize operations for 90 days. As per a new Cointelegraph article, the agency noted that…
US Treasury Probes Hamas’s Utilization of Cryptocurrency Preceding October 7 Attack
US Treasury Investigates Hamas’s Funding Sources The US Treasury Department has initiated a comprehensive investigation into $165 million worth of cryptocurrency transactions suspected to have…
Binance Halts USDC Support on Tron Blockchain
Cryptocurrency investors on Binance have 12 days to exchange their holdings in USDC. A Cointelegraph article reported that Binance has halted support for USDC coin…
SEC Postpones the Approval of Grayscale’s Ether Futures ETF
The Securities and Exchange Commission of the United States recently announced postponing the decision on Grayscale’s Ether Futures ETF application. Grayscale in addition to Bitcoin…
MicroStrategy Buys 9k Bitcoin After Selling Another $604M of Notes
MicroStrategy is a business-intelligence firm that has established the trend of commercial investments in Bitcoin. The firm continued its Bitcoin purchase policy for the better…
Dubai Financial Authority Introduces New Digital Asset Law
The Dubai International Finance Center (DIFC) is a special economic zone that resides more than 5000 workers. The DIFC administration recently announced new digital asset…
El Salvador Scraps Income Tax on Remittances and Foreign Investments
El Salvador will go down in history as the first-ever nation to make Bitcoin as a legal tender. After various noteworthy Bitcoin-related regulations, the nation…
CoinShares to Acquire Valkyrie’s ETF Offerings
CoinShares is a multi-national asset management firm with a recent AUM valuation of $7.3 billion as per Cointelegraph. The firm is based out of Europe…
Tether to Launch USDT on Celo Blockchain
Tether has undertaken the plan to become a multi-blockchain ecosystem. On this account, the stablecoin issuer has been adding technical support for various blockchain ecosystems….
Wyoming Grants Legal Status to Decentralized Autonomous Organizations
The state of Wyoming passed a law to grant legal status to DAOs. This law dictates that DAOs are able to establish make third-party contracts,…
UK Regulators Adapt a New Approach for CBDCs and Stablecoins
The policymakers in the United Kingdom are working on introducing a regulatory framework to establish clarity for stablecoins and CBDCs. The coordinated approach was proposed…
Hong Kong Blocks Fake Cryptocurrency Exchange Websites
A blockchain security analytics firm Hacken has indicated that detecting fake crypto trading platforms is not an easy task. Bartosz Barwikowski, layer-1 security expert at…
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