General News
SEC Chair: Crypto Trading Platforms Can’t Be Qualified Custodians
US Securities and Exchange Commission (SEC) Chair Gary Gensler warned that investment advisers can't rely on crypto trading and lending platforms as qualified custodians....
Coinbase CEO warns of US losing crypto leadership without clear regulation
Crypto exchange Coinbase has launched a new campaign to educate Americans on the benefits of cryptocurrency and to urge policymakers to establish clear regulatory...
Coinbase Adds Euro-Backed Stablecoin EUROC Amidst Controversy
Coinbase, one of the top cryptocurrency exchange platforms, has announced the listing of $EUROC, a stablecoin backed by the Euro and issued by Circle....
Tel Aviv Stock Exchange Proposes Allowing Crypto Trading
Tel Aviv Stock Exchange (TASE) has released a draft proposal for public comment that would allow non-banking members to trade cryptocurrencies. This move marks...
FTX’s Nishad Singh Pleads Guilty to Criminal Charges in US Investigation
Former director of engineering at FTX, Nishad Singh, pleaded guilty to several US criminal charges, including wire fraud, conspiracy to commit fraud and money...
Digital Currency Group Reports $1 Billion Loss in 2022 Due to 3AC Default
Cryptocurrency venture capital firm Digital Currency Group (DCG) reported losses of over $1 billion in 2022 due to the collapse of Three Arrows Capital...
Robinhood Faces Regulatory Scrutiny over Cryptocurrency Operations
Robinhood Markets, the popular trading platform, is under investigation by the U.S. Securities and Exchange Commission (SEC) over its cryptocurrency operations. The SEC issued...
Coinbase to Suspend Trading for BUSD Stablecoin
Coinbase, one of the largest cryptocurrency exchanges in the US, announced that it would suspend trading for the Binance USD (BUSD) stablecoin on March...
Grayscale CEO: SEC Should Approve GBTC Conversion to Bitcoin ETF
Grayscale Investments' CEO Michael Sonnenshein, has stated that the United States Securities and Exchange Commission (SEC) acted “arbitrarily” in denying approval for the Grayscale...
Republic’s Metaverse Real Estate Fund Shut Down by SEC
Republic, the third largest equity crowdfunding portal in the U.S., launched the "Republic Realm Metaverse Real Estate Fund" in March 2021. The fund's focus...
Circle CEO Argues Stablecoins Should be Regulated by Banking Authorities
Circle CEO Jeremy Allaire argues that stablecoins should be regulated by banking authorities rather than the United States Securities and Exchange Commission (SEC). In...
US Treasury Secretary Yellen and Indian FM Sitharaman Discuss Crypto Assets
US Treasury Secretary Janet Yellen and Indian Finance Minister Nirmala Sitharaman met on Thursday on the sidelines of the G20 finance chiefs meeting to...