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1 year, 10 months ago
SEC Delays Decision on Spot Ether ETFs From ARK 21Shares and VanEck
The United States Securities and Exchange Commission (SEC) has delayed reaching a decision on whether to approve or disapprove of spot Ether ETH exchange-traded fund applications from ARK 21Shares and VanEck. The…
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1 year, 10 months agoKraken Exchange to Offer Stock Trading Services in US, UK
Kraken, a cryptocurrency exchange, is reportedly planning to offer users trading services for stocks listed in the United States and exchange-traded funds (ETFs). The exchange is expected to launch its services in…
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1 year, 10 months agoBinance Exits Russia, New Exchange CommEx Takes Over with Similarities to Binance Website
Cryptocurrency exchange Binance has announced that it will be fully exiting Russia by selling its local business to a new exchange, CommEx. Little is known about CommEx’s founders or background, but the exchange w…
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1 year, 10 months agoCurve Founder Settles $42.7M DeFi Debt After $47M Hack
Michael Egorov, the founder of decentralized finance (DeFi) protocol Curve, has recently settled his loans on the lending platform Aave, reducing his debt position to $42.7 million across other DeFi protocols.…
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1 year, 10 months agoCongressmen Urge SEC to Approve Spot Bitcoin ETFs
Four US Congressmen have written a letter to the SEC Chief Gary Gensler, demanding the approval of a Bitcoin ETF. The letter alleges discrimination against BTC ETF on the part of the SEC. The letter was penned by…
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1 year, 10 months agoBitget Listing PayPal USD Stablecoin, Enhancing Crypto Trading Experience
Bitget, a top crypto derivatives and copy trading exchange, is thrilled to announce the upcoming listing of PayPal USD (PYUSD), a stablecoin issued and hosted by Paxos Trust Company, LLC, on its trading platform…
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1 year, 10 months agoBinance Exits Russia with Sale of Business to CommEX
Binance has announced its exit from Russia, with its business sold to newly formed cryptocurrency exchange CommEX. The transition will last one year, and Binance will have no ongoing revenue split from the sale,…
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1 year, 10 months agoSEC Chair Gary Gensler: Most Cryptocurrencies Fall Under SEC Regulations
The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has made it clear that most cryptocurrencies fall under the agency’s securities regulations.Gensler has been vocal about his stance on t…
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1 year, 10 months agoSEC Delays Spot Bitcoin ETF Approval Until 2024
The US Securities and Exchange Commission (SEC) has delayed its decision on two spot Bitcoin ETF applications by ARK Invest and 21Shares and Global X, with the former postponed to January 2024. This means that…
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1 year, 10 months agoBlockFi Creditors Closer to Repayment After Liquidation Plan Approval
Customers of the now bankrupt cryptocurrency lending platform BlockFi are closer to being paid out after a United States Bankruptcy Court in New Jersey approved its liquidation plan. Judge Michael A. Kaplan…
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1 year, 10 months agoLawmakers Urge SEC to Approve Spot Bitcoin ETFs Immediately
A group of U.S. Congress members have sent a letter to the Securities and Exchange Commission (SEC) Chair Gary Gensler, urging the agency to approve the listing of spot-bitcoin exchange-traded funds (ETFs)…
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1 year, 10 months agoLaser Digital Receives In-Principal Approval to Operate in Abu Dhabi Global Market
The Abu Dhabi Global Market (ADGM) has granted Laser Digital, the digital assets arm of Japan’s Nomura Bank, in-principal approval to provide broker-dealer services and asset/fund management services with both d…
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1 year, 10 months agoHTX Global Faces $8 Million Hack, Justin Sun Offers Rewards and Sets Up SAFU Funds
HTX Global, a major cryptocurrency exchange, recently faced an $8 million Ethereum (ETH) breach. Justin Sun, the exchange’s advisor, responded swiftly and reassured the community that the platform prioritizes the s…
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1 year, 10 months agoMoneyGram to Launch Non-Custodial Crypto Wallet in 2021
MoneyGram, a leading payments company, will launch a non-custodial crypto wallet during the first quarter of next year. The wallet will leverage the Stellar network and MoneyGram’s fiat on and off-ramp services t…
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1 year, 10 months agoHSBC Allows Customers to Pay Mortgage and Loan Bills with Cryptocurrencies
HSBC, one of the world’s leading banking institutions, has recently partnered with FCF Pay to allow its customers to pay their mortgage and loan bills using various cryptocurrencies, including Bitcoin, Ethereum, a…
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1 year, 10 months agoStellar Network and Circle Unveil Integration of EURC, Promising Global Financial Inclusivity
Stellar Development Foundation (SDF) and Circle have announced the integration of EURC on the Stellar network, allowing businesses and developers to use a digital representation of Euro. This integration is…
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1 year, 10 months agoTaiwan's FSC Releases Guidelines for Virtual Asset Service Providers
Taiwan’s Financial Supervisory Commission (FSC) has released new guidelines for virtual asset service providers (VASPs) in the country. The guidelines, published on Tuesday, September 26, 2023, include exchange r…
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1 year, 10 months agoJPMorgan CEO Warns of Potential Economic Damage from Rising Interest Rates
JPMorgan CEO Jamie Dimon has warned that the global economy may not be ready to face the worst-case scenario of the U.S. interest rate rising as high as 7%, according to a Bloomberg report on Tuesday. Since March…
