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Search Results for: cryptocurrency regulation

A U.S Judge Grants 60 Days Hold on SEC’s Lawsuit Against Binance

A U.S. judge has placed the Securities and Exchange Commission’s (SEC) lawsuit against Binance on hold for 60 days. Both the SEC and Binance requested the delay, citing potential regulatory changes under a newly formed SEC task force. On Thursday, U.S. District Judge Amy Berman Jackson approved the joint motion

February 14, 2025 2 mins read

Coinbase CEO Foresees Crypto to Form 10% of Global Economy by 2030

Coinbase CEO Brian Armstrong made a big prediction about the future of crypto space. He claims that it is a new era for crypto in the US and forecasted that 10% of global GDP will be crypto-based by 2030. In Coinbase’s February 13th Q4 2024  earnings call, Armstrong gave his

February 14, 2025 2 mins read

Coinbase Sees 130% Surge in Revenue Resulting From Post Election Rally

As the community and market together march towards a weekend slump, Coinbase stirred up a little activity. Amid regulatory updates every other day, the cryptocurrency exchange released its fourth-quarter reports in the last 24 hours. Meanwhile, Bitcoin continues to consolidate at $96,000 struggling to reclaim its $100K mark.  Notably, the

February 14, 2025 2 mins read

Coinbase Eyes Indian Market Re-entry After Binance’s Success

Major crypto exchange Coinbase now plans to re-enter the Indian crypto market after more than a year of exit from the country. The second largest crypto exchange now engages with the FIU to restart its operations as it aims to comply with regulatory principles.  When Coinbase first entered India in

February 13, 2025 2 mins read

World Liberty Financial Co-Founder’s X Account Hacked To Promote Fake Barron Trump Memecoin

Zach Witkoff, co-founder of Donald Trump-linked crypto project World Liberty Financial, fell victim to a cyberattack when hackers hijacked his X account to promote a fraudulent Barron Trump-themed memecoin, $BARRON. The scam coin $BARRON  triggered a speculative frenzy, sending the token’s market cap soaring to $73 million before it crashed

February 13, 2025 2 mins read

Cboe BZX Exchange Aims to Enable Staking for the 21Shares Ethereum ETF

The Cboe BZX Exchange, Inc. has filed a proposal formally to facilitate staking for the 21Shares Core Ethereum exchange-traded fund (ETF). In a Form 19b-4 filing, the exchange sought the U.S. Securities and Exchange Commission (SEC) approval to stake in the fund. The SEC approved the 21Shares Core Ethereum ETF

February 13, 2025 2 mins read

Thai Police Seize $2.5 Million in USDT from Suspected Scam Operation

Thai police collaborated with Chinese authorities to freeze $2.5 million in Tether (USDT) linked to a high-profile scam operation. The suspects, two Chinese nationals, Ye Wanyou, 29, and Li Weijie, 30, were arrested on February 5 at a Bangkok residence. These two are reportedly said to have attempted to erase

February 11, 2025 2 mins read

South Korea Urged to Launch Crypto ETF to Stay Competitive

South Korea is the third-largest cryptocurrency trading country, but it has not yet introduced cryptocurrency exchange-traded funds (ETFs). Experts warn that this delay could make the country fall behind in global finance. Jung Eun-bo, chairman of the Korea Exchange (KRX), has urged the government to launch crypto ETF. He says

February 10, 2025 2 mins read

Will Trump’s Tariffs Crash Markets and Crypto Prices?

On February 10, 2025, a 25% tariff by President Trump on all steel and aluminum imports triggered global markets’ responses, hitting hardest in the cryptocurrency sector; this statement merely fueled already exacerbated trade tensions while bringing about market-wide selling pressure. Bitcoin, the biggest cryptocurrency, also plunged to $94,000. Other digital

February 10, 2025 2 mins read
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