Bank of England Admits Unreadiness for Britcoin’s CBDC in the UK
The British policymakers have portrayed their undecided stance on the digital pound - Britcoin. The policymakers dismissed the possibility of the rushed release of the...
CZ Tried to Pledge his $4.5 Billion Stake in Binance to Leave US
Binance CEO, Changpeng Zhao, is now detained in the United States as the courts have decided to restrict his travel on account of fleeing suspicions....
Franklin Templeton Banks on Financial Advisors Familiarity with Spot Bitcoin ETF for Traction
Franklin Templeton has realized a slow start for its spot bitcoin exchange-traded fund (ETF), with the bulk of the billions spread to a few of...
Terraform Labs Seeks Bankruptcy Protection in US
Terraform Labs, the project that issued UST stablecoin is now filing for Chapter 11 bankruptcy filing. The official filings of the firm revealed $100 million...
Virginia State Proposes Bill to Protect Crypto Mining Rights
The legislators in Virginia have introduced a new bill to define rights for blockchain miners. The bill also deals with the matter of providing tax incentives...
JPMorgan Analysts Warn GBTC Profit-Taking Imposing Increased Pressure on Bitcoin Price
JPMorgan analysts are warning that the quest for profits by GBTC investors could exert increased downward pressure on the Bitcoin price. The JPMorgan analysts decry...
Chainalysis Reporting 29% Crypto Crime Decline in 2023
A recent blockchain-based analyst firm Chainalysis disclosure hails FTX for tipping the scale of the illicit crypto amount reported following the Sam Bankman-Fried conviction. Chainalysis...
Flowdesk Nets $50M in Series B Funding to Realize $250M
French-based crypto market maker Flowdesk announced the conclusion of a Series B round that successfully earned it $50 million. The Series B round attracted participation...
Canada Proposes New Changes in Crypto Investment Fund Requirements
Canadian Securities Administrators (CSA) is preparing a regulatory framework for crypto-based investment funds. The regulatory document will cover aspects such as custodianship and legal allocation...
Ripple CEO Brad Garlinghouse Predicts More Crypto ETF Approvals
Ripple Labs CEO, Brad Garlinghouse, recently projected that the Securities and Exchange Commission may approve more crypto-based ETFs. He noted that the ETFs will pave...