MicroStrategy Now Holds 190K Bitcoin in Reserves After Adding Another BTC Batch
MicroStrategy is one of the firms that have continued to acquire more Bitcoin to their balance sheets. In January, the firm added a new installment...
ProShares Discusses the Impact of Spot Bitcoin ETFs on BITO Futures
ProShares is an asset management firm based out of Bethesda, Maryland USA. The firm is responsible for listing the first ever Bitcoin futures ETF listing...
Spanish Treasury Plans to Pay Tax Debts by Seizing Crypto Assets
The Finance Minister’s office in Spain has announced tax reforms. The taxation policy amendments are geared towards granting financial firms the power to collect taxes...
EU Countries Approve New Act to Advance AI Development
On 2nd February, Germany and France withdrew their objection to allowing advanced AI development. The EU has proceeded to further the regulations for AI projects....
FTX to Sell Its Entire Stake in AI Firm Anthropic
FTX exchange recently added a motion to sell the entire stock of an AI startup named Anthropic. The stake accounts for 8% of the total...
Genesis Settles SEC Lawsuit for $21M
Genesis lawyers have proposed a 14th February hearing to settle the case with SEC. The firm intends to nominate the settlement contract as part of...
Bybit Applies for VATP License in Hong Kong
Bybit, one of the biggest cryptocurrency exchanges in the world has applied for a VATP license with the Securities and Futures Commission of Hong Kong...
Chinese Government Will Revise Crypto AML Policies Before 2025
The government of China imposed a ban on all blockchain and DeFi activities in 2021. However, Chinese blockchain users managed to keep generating hash rate...
Polygon Labs Proposes Regulatory Framework for DeFi
The legal team of Polygon Labs recently claimed that decentralized finance protocols should be classified as critical infrastructures for the national and economic security of...
Hong Kong SFC Gets First Spot Bitcoin ETF Application
The race to list the first Bitcoin spot ETF in Hong Kong has already started. As per local reports, the Securities and Futures Commission (SFC)...