Do Kwon Files Counter-Lawsuit Against SEC After Being Served At Messari’s Mainnet Conference

Terraform CEO and Co-founder Do Kwon has revealed that he has filed a counter-suit against the SEC. He also confirmed that he was served with a subpoena from the SEC...

Valkyrie Bitcoin Strategy ETF Debuts On Nasdaq

Digital asset management firm Valkyrie Funds, LLC, has launched its newly-approved Bitcoin Strategy ETF, which now trades at Nasdaq with the ticker symbol BTF. The new product was initially planned...

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 Australian Senate committee makes 11 cryptocurrency regulation recommendations that will allow it to compete with other financial global hubs

An Australian Senate committee has looked into the regulation of crypto and made 11 recommendations that will allow it to compete with other financial global hubs. The recommendations if implemented...

UK FCA goes to YouTube and TikTok to warn young investors about cryptocurrencies

According to the UK regulator, young people have the erroneous belief that they will be bailed out if their cryptocurrency investments go wrong. The regulator’s view is that these young...

Facebook’s Novi Met With Significant Pushback From US Lawmakers

Facebook’s renewed effort to launch a digital currency (Diem) and a digital wallet (Novi) has met with strong opposition from Democratic lawmakers, who have gone on record to state that...

Huobi given go-ahead for derivatives trading in Japan

The Japanese Financial Services Agency has approved Huobi Japan to register as a Type 1 Financial Instruments Business. This will enable the exchange to trade, underwrite and manage cryptocurrency derivatives. ...

New York Attorney General Issues Order To Shut Down Crypto Lenders

The New York Attorney General, Letitia James, has ordered Nexo and Celsius Network, which she identified as “unregistered crypto lending platforms” within her office’s jurisdiction to cease and desist from...

Senator Lumis believes digital currencies could help avoid a financial crisis

Senator Lumis of Wyoming has responded to President Biden’s signing of legislation that will raise the government’s debt limit to $28.9 trillion. The pro-crypto Senator commented on the legislation and...

Could Zimbabwe Also Follow El Salvador And Legalize Crypto?

The cryptocurrency market has seen growing adoption by the mainstream in 2021, garnering significant attention from institutional firms. Now, several countries are also exploring how they can utilize cryptocurrencies.  El...

SEC Approves ProShares Bitcoin Strategy ETF

The U.S. Securities and Exchange Commission (SEC) has given its approval to the first ever Bitcoin ETF filed by ProShares, an American provider of specialized exchange-traded products (ETPs). The shares...

Tether And Bitfinex Set To Pay $42.5m In Fines To CFTC

Tether, the stablecoin issuer and blockchain technology firm behind $USDT, has been issued an order by the Commodity Futures Trading Commission (CFTC) to pay $41 million in civil monetary penalties....

Bitcoin Futures ETF receives tacit approval

According to those in the know, the SEC is likely to allow a US Bitcoin futures exchange-traded fund to go ahead. This would be the first time that such a...

Putin says crypto can be used as a means of payment in Russia

President Vladimir Putin spoke on the subject of cryptocurrencies at the Russian Energy Week event this week. The controversial president responded to questions by CNBC including whether crypto could be...

crypto company Bitqyck pleads guilty to tax evasion after raising $24 million from investors

The owners of crypto company Bitqyck have pleaded guilty to tax evasion following a $24 million raise from investors. According to the US Department of Justice (DOJ) Bitqyck founders Bruce...

Crypto Crash May Spark Market Meltdown, Bank of England Deputy Warns

Sir Jon Cunliffe, Bank of England’s Deputy Governor for financial stability, shared his thoughts on the possibility of a crypto crash causing the next market meltdown similar to the 2008...