In a time of economic flux and changing financial landscapes, the recent Shanghai Second Intermediate People’s Court report stands out as a significant moment for the crypto world. Daring to challenge China’s traditionally restrictive views on digital currencies, the court’s
In a decisive move against fraudulent crypto trading platforms, Hong Kong’s Securities and Futures Commission (SFC) has declared its intent to publish a list of suspicious virtual asset trading platforms (VATPs). This announcement follows closely on the heels of the
Calcium (CAL), a test token created by Shiba Inu, is taking on a life of its own as an independent memecoin despite being branded a “scam” by one Shiba Inu developer. The token quickly ran out of Shiba Inu’s control
Payments processor PayPal is further integrating cryptocurrency into its services. The payments giant has now launched crypto-to-USD conversions (aka off-ramps) for customers in the U.S. According to a blog on the PayPal website, the off-ramp service will increase access to
Fortress Trust, a leading custodian in the crypto world, has found itself embroiled in a scandal involving a crypto heist that saw up to $15 million vanish from customer accounts. The disclosure comes at a delicate time, as Fortress was
After hosting the G20 Conference, India has made progress in cryptocurrency regulation. The country has officially approved their suggestions as a show of support for the International Monetary Fund and the Financial Stability Board. This move marks a shift from
Ryan Salame, the former co-CEO of FTX Digital Markets, recently entered a guilty plea in a U.S. District Court for defrauding the United States Federal Election Commission (FEC) and conspiring to operate an unlicensed money-transmitting business. His plea follows a
Investors and crypto enthusiasts on the X platform (formerly Twitter) have been abuzz with questions and speculation after Genesis Global Trading announced it will be winding down its U.S.-based spot trading crypto services by Sept. 18. The move has left
In a decision by the Securities and Exchange Commission (SEC), Grayscale Investments LLC has won the right to convert its hefty $17 billion Bitcoin trust into a physically backed ETF. While this move positions Grayscale favorably in the ETF sector,
X, formerly Twitter, acquired the license required for it to provide Bitcoin, crypto payments, and trading services in the U.S. But some people are worried about the potential implications, particularly for a platform with a history of being targeted by
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