Fri, October 2

Nasdaq and Valkyrie Join BlackRock in Bitcoin ETF Refiling Surge

Nasdaq, the renowned stock exchange, has resubmitted its request for a rule change to the U.S. Securities and Exchange Commission (SEC) to allow the listing of a spot Bitcoin exchange-traded fund (ETF) for the Valkyrie Bitcoin Fund. This recent filing on July 3 included a notable addition—a “surveillance-sharing agreement” with

July 5, 2023 2 mins read

Denmark Regulators Force Saxo Bank To Sell Crypto Asset Holdings

Denmark’s financial watchdogs are cracking down on cryptocurrency exchanges and payment processors. This is after they banned local banks from holding cryptocurrencies to protect themselves from trading risks. Saxo Bank, a Danish financial firm, was formally forced to sell its crypto assets by the Danish Financial Supervisory Authority (DFSA) on

July 5, 2023 2 mins read

UK Law Enforcement Can Seize Crypto Assets Linked to Criminals

After the House of Lords adopted the Economic Crime and Corporate Transparency Bill on Tuesday, British law enforcement will have new options for seizing and freezing offenders’ crypto holdings. While the bill as a whole was amended during previous sessions to ensure its provisions applied in cases of terrorism and

July 5, 2023 2 mins read

Robinhood Witnesses 6.8% Uptick Along with Crypto Market Surge

Performance Wealth Partners LLC, a respected financial firm, recently acquired 10,000 shares in Robinhood Markets, Inc. (NASDAQ:HOOD), demonstrating confidence in the company despite its turbulent past. The purchase, worth roughly $97,000, comes as the company shows encouraging signs of recovery amid a resurgent cryptocurrency market. Significantly, the transaction follows a

July 5, 2023 2 mins read

Gemini Co-Founder Threatens Legal Action Against DCG CEO

In an open letter, Gemini’s co-founder and president Cameron Winklevoss issued a 3-day deadline to Digital Currency Group’s (the parent company of defunct cryptocurrency lender Genesis) founder and CEO Barry Silbert. The president of Gemini has threatened legal action if Silbert and DCG do not accept the modified offer by

July 4, 2023 2 mins read

South Africa Mandates License for Crypto Exchanges Before Year End

Financial authorities in South Africa have recently demanded that cryptocurrency exchanges register by the end of the year or risk legal action. By the end of the year, South Africa’s Financial Sector Conduct Authority has mandated that cryptocurrency exchanges submit applications for operational licenses. Since accepting applications for licenses began

July 4, 2023 2 mins read

Belarus Plans Partial Ban on Crypto Transactions Curbing Illegal Transfers

Belarus is getting ready to impose a partial ban on cryptocurrencies. Sunday’s announcement from the Ministry of Internal Affairs said that criminals were using P2P crypto services as a means of money laundering. In addition, the group said in the statement that it was working on legislation to prohibit the

July 4, 2023 2 mins read

Bitunix Exchange Now Supports Visa and Mastercard Payments

Bitunix, a prominent cryptocurrency derivatives exchange, has unveiled its latest feature that allows users to conveniently purchase cryptocurrencies using Visa and Mastercard credit cards directly on its platform. This integration aims to streamline the process of acquiring digital assets, making it more accessible to a wider audience. Bitunix Expands Payment

July 4, 2023 1 min read

Thailand SEC Announces New Stringent Regulations for Crypto Firms

In order to safeguard investors, the Securities and Exchange Commission (SEC) of Thailand has announced new regulations for companies that offer services related to digital assets. In accordance with the new regulations, companies providing digital asset services must clearly communicate the dangers of investing in cryptocurrencies. A predefined message must

July 3, 2023 2 mins read

Singapore’s Financial Regulator Mandates Trusts for Crypto Exchanges

To safeguard investor funds, the Monetary Authority of Singapore (MAS) is considering mandating that crypto exchanges maintain a dedicated trust. On Monday, the Monetary Authority of Singapore (MAS) allegedly ordered cryptocurrency exchanges in the country to start holding customer funds in trust. By the end of 2023, all crypto trading

July 3, 2023 2 mins read