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December 22, 2023
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Paxos gets NY green light to join Solana blockchain: Report

The New York Department of Financial Services (DFS) has approved Paxos’ expansion to the Solana blockchain.   Paxos, a stablecoin issuer, has recently gained approval from […]
December 22, 2023
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Hong Kong’s financial regulator opens door for spot crypto ETFs

Hong Kong’s Securities and Futures Commission said cryptocurrency transactions conducted by ETFs must occur through SFC-licensed crypto platforms or authorized financial institutions.   Hong Kong is […]
December 22, 2023
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Crypto users to reach almost one billion in 2024, analysts predict

Bitfinex analysts said the number of users could jump to between 850 and 950 million in 2024 if bullish market conditions continue.   As we approach […]
December 22, 2023
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Crypto job compensation shifts as equity gains preference – Survey

According to the survey by Variant and Union Square Ventures, since 2013, less than 40% of surveyed employees have received equity, while about 50% have received […]
December 22, 2023
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Community responds to Gary Gensler’s latest jab toward crypto

Ripple CEO Brad Garlinghouse called SEC chair Gary Gensler a “political liability” whose actions destroyed the agency’s integrity.   Members of the cryptocurrency community swiftly countered […]
December 22, 2023
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Chinese central bank urges the world to jointly regulate crypto

The People’s Bank of China has addressed issues related to the regulation of cryptocurrencies and decentralized finance (DeFi) in its latest financial stability report.   The […]
December 22, 2023
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China proposes ban on converting game tokens to fiat currency

The General Administration of Press and Publication of China aims to restrict the scope of activities related to in-game tokens.   The General Administration of Press […]
December 21, 2023
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Worldcoin halts iris scanning in India, Brazil, France: Report

Amid its ongoing streak of expansions and collaborations, Worldcoin has reportedly rolled back one of its core functions in three markets.   Worldcoin, a project known […]
December 21, 2023
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Large AI training data set removed after study finds child abuse material

LAION-5B, a large artificial intelligence data set used to train several popular text-to-image generators, was found to contain child sexual abuse material.   The LAION-5B dataset, […]
December 21, 2023
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UAE regulator revises sanctions, AML policy to enact FATF’s Travel Rule

UAE’s Financial Services Regulatory Authority has updated its AML and sanctions rules with new elements related to digital assets.   The Financial Services Regulatory Authority (FSRA) […]
January 11, 2024
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Critics lash out at ‘unsound’ and ‘ahistorical’ spot Bitcoin ETF approval

While the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States was celebrated by many in the crypto industry, it also drew criticism from […]
January 11, 2024
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EU says it may review Microsoft’s investments in OpenAI under merger regulations

Microsoft’s 49% ownership stake in OpenAI, the creator of ChatGPT, may soon face scrutiny in Europe. The European Commission has indicated its intention to investigate whether […]
January 11, 2024
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BitGo gains in-principle approval for Singapore’s MPI license

BitGo, a crypto custody business, has received preliminary approval from Singapore’s top financial regulator to obtain a Major Payment Institution (MPI) license for its local entity. […]
January 10, 2024
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US senators seek Gary Gensler’s report on X breach, deadline Monday

Senators J.D. Vance and Thom Tillis raised concerns about the Commission’s internal cybersecurity procedures while demanding clarity on the incident.   Two United States senators, J.D. […]
January 10, 2024
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Turkey’s crypto regulations in final stages, finance minister reveals

The Turkish government will legally define critical concepts in crypto, license trading platforms and comply with the Financial Action Task Force (FATF) standards.   The Turkish […]
January 10, 2024
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SEC did not have 2FA enabled: X safety team on fake Bitcoin ETF post

Charles Gasparino of Fox Business said he’s been told by securities lawyers that the SEC “will have to investigate itself” for alleged market manipulation.   U.S. […]
January 10, 2024
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Lawyers, politicians call for investigation of SEC over Bitcoin ETF post

Charles Gasparino of Fox Business said he’s been told by securities lawyers that the SEC “will have to investigate itself” for alleged market manipulation.   U.S. […]
January 10, 2024
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FUNToken December Monthly Recap: A Month Filled with Festive Joy and Remarkable Milestones

As we conclude December 2023, FUNToken is delighted to share with you the highlights and accomplishments of the month, which demonstrate our steadfast dedication to innovation […]
January 10, 2024
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FINRA adds crypto assets section to its annual oversight report

The securities industry’s self-regulating organization offers annual advice to its members on how to stay out of trouble.   The Financial Industry Regulatory Authority (FINRA) has […]

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