Thailand embraces Singapore’s Move to Ban Crypto Exchanges from Lending services
Michael ScottThailand is the latest country to replicate the bold move by Singapore authorities to prohibit crypto exchanges from lending services.…
CME Group Awaits Regulatory Approval for Ethereum-to-Bitcoin Ratio Futures
The global leading derivatives exchange is expanding its digital assets offering by adding Ethereum/Bitcoin (ETH/BTC) futures. The Chicago Mercantile Exchange…
UK Reform Bill Gets Royal Assent, Crypto Trading Considered Regulated Financial Activity
The UK government press release on Thursday, June 30, reveals approval of reforms to the Financial Services and Markets Bill…
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Coinbase Petitions for SEC Suit Dismissal Alleging Aggravated Process Abuse
Coinbase filed a motion seeking court to dismiss the lawsuit filed by the US Securities and Exchange Commission (SEC). Coinbase,…
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Celsius Network Granted Motion to Convert Altcoins into ETH or BTC
The insolvencies will benefit creditors in the near future by creating a path for fund distribution. Celsius Network, a bankrupt…
Approval of Bybit license to Facilitate Crypto Adoption in Cyprus
Bybit secured operating approval to strengthen the crypto ecosystem of Cyprus following the sudden exit of Binance. Binance had announced…
FTX Ex-Compliance Chief Sued for ‘Hush Money’ Payments
In a civil lawsuit filed on Thursday, Daniel Friedberg, a former compliance officer, was sued by FTX. The charges revealed…
Generative AI Typeface Nets $100M in Series B Round to Realize $1B Valuation
The Typeface is a platform that provides generative information for the organization. Recently, it acquired its ‘unicorn’ valuation by generating…
CoinShares Executive Observes Rising Crypto Adoption Among Financial Institutions
CoinShares recent report demonstrates that eight top-ranked financial institutions managing a combined assets value of $27 trillion are embracing cryptocurrencies.…
TRM Labs Reports Significant Decline in Bitcoin Involvement in Illicit Crypto Activity
A recent risk management firm TRM Labs survey shows that fiat channels are preferred for criminal financing. The research shows…
Tether Partners with Georgia to Develop Bitcoin P2P Infrastructure
The issuer of the leading stablecoin USDT by market capitalization announced signing a memorandum of understanding (MoU) to collaborate with…
Circle’s CEO Confident of SEC Approving Bitcoin Spot ETF
Circle's chief executive Jeremy Allaire waded into the efforts undertaken to secure approval from the US Securities and Exchange Commission…
Riot Platforms Boosts Hashrate Capacity with $162M Acquisition of Mining Rigs
Riot Platforms is expanding its mining equipment fleet with the acquisition of 33280 mining rigs from MicroBT as it eyes…
Australia Draft Bill Proposes Hefty Fines for Misinformation
The Australian government proposes a hawkish bill to arrest misinformation perpetrated using social media channels. The proposed legislation threatens to…