German DZ Bank Launches New Platform to Offer Crypto Custody Services
The well-known German bank DZ Bank, which has assets worth a total of 300 billion euros, just recently launched its own custody platform that is...
Georgia National Bank Partners with Ripple for CBDC Issuance
Ripple has been working with various Central Banks and other financial enterprises to offer CBDC processing services. On this account, Ripple has recently signed a...
Charlie Munger Shares His Two Cents Amid Turbulent Market Conditions
In a recent interview with the Wall Street Journal, the acclaimed vice chairman of Berkshire Hathaway, Charlie Munger, provided a lot of insightful commentary. His...
PayPal to Face SEC Scrutiny Over PYUSD Stablecoin
The United States Securities and Exchange Commission (SEC) is currently investigating PayPal's U.S. dollar-pegged stablecoin, which is known as PayPal USD or PYUSD. This information...
PayPal Gets Regulatory Approval to Provide Cryptocurrency Services in UK
PayPal has gained a green light from the regulators in the UK regarding cryptocurrency services. However, the Financial Conduct Authority (FCA) has imposed some conditions...
Telegram Trading Bot Suffers Exploit as Hacker Ransacks $600k
Hackers have stolen funds from custodial services protocol on Telegram. The affected protocol is Unibot, a trading bot on Telegram that offers trading options for...
VanEck Amends its Bitcoin Spot ETF Application
VanEck is one of the top financial institutions that have filed for a Bitcoin spot ETF application in the USA. However, the asset management firm...
New Crypto Laws in the UK Allow Law Enforcement Authorities to Seize Crypto Assets without Arrest
The Economic Crime and Corporate Transparency Act has been passed and added to the UK constitution. This act is part of the government's to contain...
Gemini Files Lawsuit Against Bankrupt Lending Firm Genesis
Gemini is suing crypto lender Genesis for 60 million in GBTC shares. The shares in question were leveraged as collateral as per the plaintiff’s claims....
Turkey Plans to Introduce Cryptocurrency Legislative Guidelines in 2024
At present, the position for cryptocurrency entities operating in Turkey is less than favorable amidst economic constraints. Last year, the country saw the catastrophic demise...