China Urges Crackdown on Tether Stablecoin Alleging Illegal Forex Trading
China's Supreme People's Procuratorate (SPP) warned in a recent publication that Tether usage as an exchange medium for local and foreign currency is prohibited. The...
India Bans Binance and Kraken in Crackdown Targeting Illegal Crypto Exchanges
The Indian regulator banned nine crypto exchanges on Thursday December 28 that the Financial Intelligence Unit (FIU) declared operating illegally within the country. The FIU...
Barry Silbert Resigns as Grayscale Refiles Application for Bitcoin ETF
Grayscale has filed for converting Bitcoin trust namely GBTC into Bitcoin spot ETF. Grayscale recently amended S-3 filing with the Securities and Exchange Commission. However,...
Grayscale Investment Announce Board Shakeup, Barry Silbert Resigns as Chair
Grayscale Investment announced a board shakeup in a Tuesday, December 26 filing with the US securities watchdog. Scrutiny of the Form 8K filing discloses the...
Hong Kong Leads Asia’s Changing Crypto Regulatory Landscape
Beyond the enthusiasm portrayed by the community in anticipating approval of spot Bitcoin exchange-traded funds (ETFs) in the US, Asia realised a significant milestone in...
Kyber Network Reduces Workforce by 50% Following $49 Million Exploit
Kyber Network is a decentralized protocol used for liquidity aggregation and exchanging tokens without using third-party intermediaries. However, the administration of KyberSwap recently downsized its...
Coinbase Granted France Crypto License Pursues Europe Expansion
On Thursday, a representative confirmed that Coinbase, a crypto exchange, managed to register with the French markets regulator. This paved the path for the company...
Solana Labs Terminates Saga Orders, Apologize for Overselling Phones
In an apologetic statement, Solana Labs confirmed the decision to cancel pending orders for its Saga smartphone, indicating overselling. The decision comes after Solana acknowledged...
Former BitMEX CEO Says Spot ETFs May Destroy Bitcoin
BitMEX co-founder Arthur Hayes recently claimed that the enterprise interest in Bitcoin can lead to a negative impact. He claimed that Wall Street firms may...
SEC Sets Friday Deadline for Spot Bitcoin ETF
Issuers that fail to meet the December 29 deadline will be excluded from the initial wave of possible spot Bitcoin ETF sanctions in early January....