South Korean financial regulators are being quite controlling when it comes to cryptocurrency investment products. Therefore Bitcoin spot and futures ETFs are still not available there. Amidst much consternation, the Financial Supervisory Service (FSS) has also prohibited the introduction of exchange-traded funds (ETFs) that invest in businesses associated with virtual
Vladimir Putin, Russia’s president, has signed new legislation limiting cryptocurrency mining in certain areas in an effort to control the country’s energy use. As part of its larger attempts to control the sector and save power during winter peak hours, Russia has imposed certain limits. Between December 2024 and March
Dubai, United Arab Emirates, 21st November 2024, Chainwire
The leading asset manager and ETF issuer, Bitwise Investment, has officially filed the S-1 form titled “BITWISE SOLANA ETF” with the U.S. Securities and Exchange Commission (SEC) in Delaware on November 20, 2024. This filing positioned Bitwise with other asset managers, such as VanEck and Canary Capital, to directly expose
South Korean police have officially confirmed that the 342,000 Ethereum (ETH) stolen from Upbit, the country’s largest cryptocurrency exchange, in 2019 was done by North Korean hacker groups Lazarus and Andariel. This is the first time a domestic agency has publicly linked North Korea to a major cryptocurrency theft. Initially,
Pivot and XDC Network are excited to announce a joint co-acceleration initiative titled ‘Let’s Pivot-to-XDC,’ which will provide funding to foster the growth of innovative blockchain startups. This collaboration focuses on supporting 10 promising startups working in the DeFi, Payments, and Real-World Asset (RWA) sectors, aiming to enhance blockchain integration
The Asian crypto community has yet again woken to Bitcoin hitting a new ATH. This time the digital asset has traversed into the $96K level and has managed to hold prices there. This price movement has also made up for the brief slump the overall market reflected this week. Meanwhile,
The trading platforms fraud case against Gary Wang, a former senior executive of the now-defunct FTX exchange, will not result in a prison sentence. Judge Lewis Kaplan of the United States District Court issued an unusually lenient ruling in Manhattan Federal Court. Wang had already entered a guilty plea for
Barcelona, Spain, 20th November 2024, Chainwire
Tallinn, Estonia, 20th November 2024, Chainwire
