Hong Kong Establishes Task Force to Promote Web3 Development
The local government of Hong Kong made a formal announcement on Friday about the formation of a task force. The main objective of the new...
Crypto Exchange Bittrex Files a Motion to Dismiss SEC Lawsuit
Bittrex Exchange is one of the cryptocurrency exchanges that are currently facing a lawsuit from the SEC. The regulatory agency has sued crypto trading platforms...
South Korea Makes Significant Legislative Changes to Curb Illegal Crypto Trading Activities
The government of South Korea is bringing new regulatory implications to the crypto sector. As per the latest regulatory changes, the Bank of Korea or...
MicroStrategy Purchases Additional 12,333 Bitcoins for $347 Million
Under the supervision of its last CEO Michael Saylor, MicroStrategy purchased around 141,000 Bitcoins. However, the business intelligence firm has recently decided to acquire an...
Wyoming has Passed Friendly Regulations to Support Crypto and Blockchain Innovation
Wyoming is the least populated state in America. The state legislators have recently published new regulatory clarity for the cryptocurrency enterprises operating within its jurisdictions....
HSBC to Offer Crypto ETF Investment Options in Hong Kong
Hong Kong has recently gained a reputation as the next epicenter for cryptocurrency innovation and development in the international markets. The friendly stance of the...
Celsius Investors Take Legal Action Against Crypto Firm Wintermute for Aiding in Wash Trading
Celsius Network was a crypto lending enterprise that filed for bankruptcy in 2022. The firm has now amended its lawsuit by naming Wintermute as a...
Coinbase Wins Arbitration Lawsuit at Supreme Court
Coinbase is a cryptocurrency exchange based in the USA that is currently celebrating a favoring decision made by the Supreme Court of the USA. As...
Cryptopay Asks EU Customers to Transfer or Spend Funds as It Loses EMI License
Cryptopay is a firm operating out of the EU that has recently lost its practice license. The firm was operating as EMI or electronic money...
Ripple Gets In-Principle Regulatory Approval to Conduct Its Operations in Singapore
Ripple Labs has recently introduced its CBDC payments and transactions network. The firm has been touted as the layer to work with the banks for...