In a resounding move against deceptive practices in the financial industry, the U.S. Securities and Exchange Commission (SEC) has announced a substantial settlement with Titan Global Capital Management USA LLC. The New York-based FinTech investment adviser has been scrutinized for
Amid the rising global crypto fervor, China has made significant headlines by sentencing a former provincial official, Yi Xiao, to life imprisonment for corruption, which includes aiding cryptocurrency mining. This action has demonstrated China’s stringent stand on illegal financial activities
In a significant move signalling the United Arab Emirates’ growing acceptance of digital currencies and their associated innovations, Komainu, a joint venture of Nomura, CoinShares, and Ledger, has been granted a full operating license by the Virtual Asset Regulatory Authority
Cryptocurrencies and blockchain technology are transforming as Coinbase, a cryptocurrency exchange in the United States, takes a strategic step forward. The company has secured an equity stake in Circle Internet Financial, a player in stablecoin issuance. Today Coinbase and @circle
Bitcoin Ordinals non-fungible tokens (NFTs) may be losing style as trading and sales volume crashed over 99% since May, according to a new report from DappRadar. The crypto tracking platform described the decline as “alarming.” Published Aug. 17, the report
SpaceX reduced the value of Bitcoin on its balance sheet by $373 million last year and in 2021. Tesla also offloaded Bitcoin last year. While the sale of Tesla’s Bitcoin (BTC) is in the public domain, details surrounding SpaceX’s holdings
Tether (USDT), Dai (DAI), and RAI stablecoins will no longer be available for trade on Coinbase’s Canadian platform as of August 31 due to legislative changes in the country. The company emailed customers on August 17 to inform them of
SEC greenlights the first-ever Ethereum Futures ETF, marking a major milestone in the crypto industry. Valkyrie’s listing, expected in October, signals a turning point for Ethereum investors. The United States Securities and Exchange Commission (SEC) is expected to approve the
Kenya’s data protection agency filed a lawsuit with the High Court of Kenya, asking the court to force Worldcoin to safeguard and store the data it collected from Kenyan individuals until investigations are complete, according to local media reports. The
Judge Analisa Torres of the U.S. District Court for the Southern District of New York has granted the SEC permission to apply for an interlocutory appeal in its Ripple Labs case. Judge Torres received consent after the SEC wrote on
Cryptocurrency giant Genesis, an arm of the Digital Currency Group, has struck a $175 million settlement with the beleaguered crypto exchange FTX. The deal, part of a broader effort to resolve claims connected to the ongoing bankruptcy issues of both
In an interview with Cowboy State Daily, Custodia Bank’s CEO, Caitlin Long, has spoken out against the regulatory crackdown on digital assets by Washington, D.C. Long voiced opposition in the interview, stating that despite facing significant regulatory hurdles, her Bank
ABOUT US
and then