PayPal Gets Regulatory Approval to Provide Cryptocurrency Services in UK
PayPal has gained a green light from the regulators in the UK regarding cryptocurrency services. However, the Financial Conduct Authority (FCA) has imposed some conditions...
MultiBank Group Brings TradFi Experience to Unveil Regulated Crypto Exchange
MultiBank Group has, in a recent statement, confirmed unveiling the regulated crypto exchange - MultiBank.io. The newly launched crypto exchange is set to offer top-tier...
Grayscale Bitcoin Trust Dwarfs Nvidia to Realize 220% Gain
Grayscale Investment pulled off another twist to erode the discounted pricing, leaving its shares (GBTC) surging 220% in 2023. A market observer indicated that GBTC...
VanEck Amends its Bitcoin Spot ETF Application
VanEck is one of the top financial institutions that have filed for a Bitcoin spot ETF application in the USA. However, the asset management firm...
New Crypto Laws in the UK Allow Law Enforcement Authorities to Seize Crypto Assets without Arrest
The Economic Crime and Corporate Transparency Act has been passed and added to the UK constitution. This act is part of the government's to contain...
Sam Bankman-Fried Testify During Special Hearing
The fallen FTX’s ex-chief executive officer took the stand for an audience of one to enable Judge Lewis Kaplan to examine his statements’ admissibility. On...
US Lawmakers Urge Swift Intervention Against Binance and Tether Involvement in Terrorist Groups
The bipartisan letter emerged after legislators identified the utilization of crypto in terrorism to President Biden’s administration. Today, the United States legislators told the Department...
Gemini Files Lawsuit Against Bankrupt Lending Firm Genesis
Gemini is suing crypto lender Genesis for 60 million in GBTC shares. The shares in question were leveraged as collateral as per the plaintiff’s claims....
Physician Admits Utilizing Bitcoin to Engage Hitman in Murder Plan
Dr. James Wan, a physician based in Georgia, pleaded guilty to utilizing Bitcoin to plan a murder-for-hire plot through the dark web. According to him,...
Turkey Plans to Introduce Cryptocurrency Legislative Guidelines in 2024
At present, the position for cryptocurrency entities operating in Turkey is less than favorable amidst economic constraints. Last year, the country saw the catastrophic demise...