General News

FATF Downgrades Russia Over Crypto Regulation Gaps

The Financial Action Task Force (FATF) has recently downgraded Russia's rating due to the country's inadequate regulatory measures in the cryptocurrency sector. This decision...

Crypto Council Advocates for Algorithmic Stablecoins in Hong Kong

The Crypto Council for Innovation (CCI) has voiced its recommendations regarding the proposed stablecoin regulations by the Hong Kong Monetary Authority (HKMA) and the...

Court Orders US Government to Delete Bitcoin Mining Data

In a significant win for the Texas Blockchain Council and Riot Platforms, a lawsuit has led the US Government to terminate its collection of...

BlackRock Launches Bitcoin ETF in Brazil Following US Success

BlackRock, the global asset management giant, has extended its footprint in the digital currency sphere by introducing a Spot Bitcoin ETF in Brazil. This...

Darknet Markets See Surge in Crypto Revenue to $1.7 Billion

The darknet, a hidden part of the internet infamous for illicit activities, has witnessed a remarkable surge in cryptocurrency revenue, reaching $1.7 billion in...

Elon Musk’s Legal Battle with OpenAI Over AGI Principles

Elon Musk, the tech mogul behind companies like X (formerly Twitter), SpaceX, and Tesla, has initiated legal proceedings against OpenAI and its CEO, Sam...

Ripple vs. SEC: Navigating the Legal Showdown

The longstanding legal battle between Ripple and the United States Securities and Exchange Commission (SEC) is heating up as the trial date of April...

Vanguard Announces Leadership Transition: Implications for Crypto Policy

In a significant announcement on Thursday, Vanguard revealed that Tim Buckley, its longstanding Chairman and CEO, will retire by the end of 2024. This...

Hong Kong Tightens Crypto Exchange Regulations

Hong Kong has implemented a significant policy change affecting the cryptocurrency exchange landscape by halting the acceptance of license applications from crypto exchanges as...

Record Highs in Crypto Derivatives Trading Volume

This week, the crypto derivatives market witnessed unprecedented activity, with exchanges like Deribit and Coinbase Institutional reporting all-time highs in trading volumes. The surge...

Binance Removes Naira from P2P Platform Amid Nigerian Government Scrutiny

Binance, a leading cryptocurrency trading platform, has withdrawn the Nigerian naira (NGN) from its peer-to-peer (P2P) trading service, sparking concern among its Nigerian user...

US Lawmakers Vote to Facilitate Bank Involvement in Crypto Custody

In a significant development for the cryptocurrency industry, the House Financial Services Committee (HSFC) has voted in favor of a resolution aimed at overturning...