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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) […]
December 21, 2022
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Consumers are crypto-curious – One in five own digital currency: Accenture

An end-of-the-year report from Accenture showed that despite traditional payment methods dominating many markets, consumers are curious about crypto.   Over the past year, the cryptocurrency […]
December 21, 2022
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Alaska adds ‘virtual currency’ to its regulatory regime

Starting in 2023, companies will have to obtain a new type of license to operate in the state using cryptocurrency.   Effective January 1, 2023, the […]
December 20, 2022
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Coinbase CEO: Regulate centralized actors but leave DeFi alone

Armstrong said that because the change in the center and depositors has a high risk of harming consumers, regulators should focus on the former.   Coinbase […]
December 20, 2022
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Busan city drops global crypto exchanges from its digital exchange plans

FTX used to be an exchange partner in the city of Busan, but its recent failure has caused the administration to reconsider its plans to integrate […]
December 20, 2022
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BlockFi files motion to return frozen crypto to wallet users

Crypto lender BlockFi has filed a lawsuit in US economic court for the right to return the crypto users held in BlockFi wallets.   Bankrupt crypto-lending […]
December 19, 2022
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Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies

The proposed law comes as Nigeria’s eNaira has managed to achieve only 0.5% adoption, more than a year after its launch in October 2021.   It […]
December 19, 2022
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Crypto investment firm CoinShares debuts trading on Nasdaq Stockholm

CoinShares shares were originally listed on the Nasdaq North Growth Market, another exchange for small and medium-sized businesses.   Leading cryptocurrency investment company CoinShares has listed […]
December 19, 2022
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Binance.US set to acquire Voyager Digital assets for $1B

Initially, FTX US was the largest investor in the company’s assets, with a value of $1.4 billion.   According to a new document released on December […]
December 15, 2022
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Microsoft bans cryptocurrency mining on cloud services

Microsoft is now requiring users to get written approval from the company to use Microsoft Azure to mine cryptocurrencies like Bitcoin.   Cloud computing giant Microsoft […]

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