SEC Faces Loss in Recycled Case Against Kraken
Kraken is battling charges levelled by the SEC for selling cryptocurrencies. However, it appears to be a recycled version of a losing case. The legal...
South African Regulator May Issue Licenses to 36 Crypto Firms in December
Financial Sector Conduct Authority, the regulatory agency in South Africa, reportedly reviewed 128 licensing applicants for virtual asset services providers. However, the regulatory agency discussed...
Grayscale Bitcoin Trust Seeks ETF Conversion to Reduce Discount
Grayscale Bitcoin Trust has recently shared enthusiasm regarding the conversion of GBTC shares into Bitcoin ETF. If realized, the new investment product will remove 8.09%...
Bitcoin Advocate El Salvador President Steps Down Ahead of Re-Election Campaign
Nayib Bukele stepped down from his position as president of the nation ahead of the re-election process. Claudia Rodriguez de Guevara is currently serving as...
Swiss Crypto Bank Seba Rebrands Itself as Amina Bank
Swiss banking firm Seba has rebranded its name to Amina as part of its global expansion program. The new name translates to transamination or transferring...
Court Allows FTX to Sell $873M in Grayscale Bitcoin Trust Shares as Well as Other Holdings
FTX, a fallen crypto exchange, has been allowed to sell 32 million shares across several digital assets to recoup funds. As the FTX insolvency tale...
US Authorities Sanction Sinbad Crypto Mixer Alleging Facilitating North Korean Hackers
On Wednesday, November 29, Bitcoin mixer Sinbad was served with sanctions from the US Treasury alleging it facilitates North Korean hackers. The multi-agency team comprising...
Standard Chartered Predicts Bitcoin to Hit $100K By Next Year
The UK multinational bank has retraced its optimistic perspective regarding the biggest digital coin to declare its recent trend, affirming crypto to sustain green to...
Judge Approves Voyager Digital’s $1.65B Settlement Case with FTC
The agreement between the cryptocurrency lending company and the Federal Trade Commission (FTC) was initially disclosed in October and did not conclude the ongoing legal...
Coinbase May be Compelled to Disclose Bitcoin Trading Information to CFTC
Recently, the firm received a subpoena relating to Bybit, a crypto exchange. However, Coinbase clients with no links to the exchange claim they are also...