Société Générale Stablecoin Débuts on Bitstamp Exchange
France's third-largest financial institution, Société Générale, confirmed on Wednesday, December 5 EUR CoinVertible stablecoin is debuting on the Luxembourg-based Bitstamp. The French lender detailed that...
New York Regulator Claiming Crypto ‘Lending Itself to Illegal Finance’
Adrienne Harris, NYDFS Superintendent, criticized crypto's 'secrecy component' by claiming it facilitates an environment for malicious actors. Adrienne Harris, New York State's financial regulator, asserted...
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%...
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...
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...
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...