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Search Results for: cryptocurrency regulation

Wavebridge Gains VASP License in South Korea, Expanding Global Footprint

The Korea Financial Intelligence Unit (KoFIU) has presented Wavebridge with official approval to operate as a Virtual Asset Service Provider (VASP). Wavebridge is a major cryptocurrency firm in South Korea. The achievement of this regulatory milestone makes it possible for Wavebridge to grow its activities inside South Korea, so enhancing its

January 9, 2025 2 mins read

Is SUI Rooting for New All-Time High as Bulls Affirm Footing?

The cryptocurrency market has sunk to a bearish trend this past week just hours after inspiring a bull run that reclaimed Bitcoin above $100K. The recent price drop has caused the altcoin sector to show declines as well. Meanwhile, SEC chair Gary Gensler, who is set to resign this month,

January 9, 2025 2 mins read

Do Kwon’s Terra Crash Millions Affected and Legal Fights Continue

Kwon’s Terra Collapse Former Terraform Labs CEO Do Kwon is facing criminal charges in the United States after his extradition from Montenegro. U.S. prosecutors estimate that the collapse of the Terra ecosystem. Which included the TerraUSD stablecoin and Luna cryptocurrency, affected more than one million individuals and entities globally in

January 7, 2025 2 mins read

Backpack Exchange Completes FTX EU Acquisition to Expand in Europe

The fully-regulated global cryptocurrency exchange, Backpack Exchange, has announced the purchase of FTX EU—the MiFID II-authorized European subsidiary of the collapsed FTX. This acquisition was examined and authorized by the FTX bankruptcy court and the Cyprus Securities and Exchange Commission (CySEC).  Notably, the FTX EU’s MiFID II licence, obtained under

January 7, 2025 2 mins read

Cardano Made New Millionaires in 2021, But These 2 Altcoins Can Still Change Lives This Year

From meme coin to utility powerhouse, Shiba Inu (SHIB) is making waves with ecosystem advancements and a surging burn rate. Meanwhile, DTX Exchange is attracting investors with its multi-asset trading innovation and groundbreaking presale performance.  Could these two altcoins be the next big crypto success stories, rivaling Cardano’s (ADA) millionaire-making

January 2, 2025 3 mins read

What Are the Chances of Bitcoin Hitting $200K in 2025?

In 2024, the crypto market showed leaps and bounds of progress, particularly in Q3. Several key instances shaped up to be the realization of dreams for community members. Spearheading such an instance is Bitcoin’s price historically reaching $100K, propelled by specific external factors.  While multitudes of advancements occurred BTC’s $100K

January 1, 2025 5 mins read

Bybit Ordered to Halt Operations in Malaysia Amid Regulatory Crackdown

Bybit was ordered to stop operations in Malaysia by the Securities Commission (SC) due to allegations that it was operating an unregistered digital asset exchange (DAX). In a public announcement made on December 11, the Malaysian securities regulator ordered Bybit to take down all digital platforms, including its website and

December 30, 2024 2 mins read

Grayscale Research Report Lists Top 20 Crypto Assets for Q1 2025

As the year comes to a close, leading asset management company Grayscale posted a research report highlighting crypto trends for Q1 2025. It started with acknowledging the overall crypto market surge in Q4 2024 and went on to explore smart contract competition, US election influence on crypto and DeFi, use

December 30, 2024 2 mins read
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