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...
Binance to Halt Support for BUSD Stablecoin in December
Binance exchange has decided to halt support for BUSD stablecoin. On this account, the trading platform has notified the users that all BUSD reserves will...
IBM introduces ‘Utility-Scale’ Quantum Computing in Japan
Experts forecast the international quantum computing sector’s growth will increase from an estimated $930M this year to $5B by 2030. However, some international markets might...
Philippines Regulators Introduce Lawsuit Against Binance for Operating Without a License
The Securities and Exchange Commission of the Philippines has brought a lawsuit against Binance trading platform. The regulators have alleged that Binance is operating as...
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...