South Korea to Introduce Ban on Crypto Purchases via Credit Cards
Financial Services Commission (FSC), the financial regulator of South Korea has presented a proposal to ban credit card payments for cryptocurrency purchases. The law will...
US Judge Rejects CZ’s 2nd Request to Travel to UAE
CZ traveled to the USA to attend the DOJ lawsuit that led to a $4 billion fine on Binance.US. At the same time, the regulator...
Nigeria’s Crypto Veto Prevented eNaira Adoption, Desipite Commanding Significant International Rating
Chinedu Albert, a Nigerian innovation and tech legal expert, claimed the adoption of eNaira will occur after the government acquires Nigerians’ trust. It will also...
Singapore to Hear $140M DeFiance Capital Dispute with 3AC Liquidators
Singapore judge ruled that the country's court is the appropriate venue to hear the $140M dispute involving DeFiance Capital against Teneo. The decision delivered a...
Coinbase Custody Reorganizes Leadership as Bitcoin ETF Verdict Looms
Amid the hot race for the Spot Bitcoin ETF, Rick Schonberg is going to replace Aaron Schnarch as Coinbase Custody’s chief executive officer. The game...
Crypto Exchange Bitzlato Halts All Bitcoin Withdrawals
Bitzlato co-founder pleaded guilty on 6th December and agreed to dissolve illegal trading activities. The trading platform also forfeited the native digital currency in addition...
Ark Invest Fully Leaves GBTC Prior to a Looming Bitcoin ETF Sanctioning
Ark Invest has fully relinquished its GBTC position as the fund manager seeks to position itself amid a possible Bitcoin ETF consent. Allegedly, Ark Investment...
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,...