Financial Regulator Issues ‘Final Warning’ to Non-Compliant UK Crypto Firms
The United Kingdom's Financial Conduct Authority (FCA) has recently issued a "final warning" to non-compliant crypto firms in the country. These firms have been urged to adhere to new financial promotion rules, but the majority of them have failed to respond to the...
The Big Delay: Appeal Court Holds Off on Grayscale Spot Bitcoin ETF Decision
The cryptocurrency community has been eagerly awaiting the verdict on Grayscale's Spot Bitcoin ETF lawsuit against the United States Securities and Exchange Commission (SEC). However, the D.C. Circuit Court of Appeals has once again failed to make a decision, causing...
Coinbase Requests Dismissal of SEC Lawsuit
Coinbase, one of the leading cryptocurrency exchanges, has recently filed a motion to dismiss the lawsuit filed against it by the Securities and Exchange Commission (SEC). In this article, we will delve into the details of Coinbase's arguments and the allegations made...
Binance Labs Invests $15 Million in Xterio: The Future of Blockchain Gaming
Blockchain technology has been opening up new opportunities in various industries, and the gaming industry is no exception. In recent years, we have seen a surge in the development of blockchain-based games that offer players more control and ownership over their...
New 2023 Year High for Bitcoin: Institutional Interest Boosts Cryptocurrency Market
The world's largest cryptocurrency, Bitcoin, reached a new one-year high on Friday, June 23, amidst a week of significant gains. This surge can be attributed in part to BlackRock's plans to launch a Bitcoin exchange-traded fund (ETF), despite the increased regulatory...
Why Did the Cryptocurrency Market Experience a Downturn After the Federal Reserve Pause?
The cryptocurrency market took a hit on Wednesday, experiencing a significant downturn despite the US Federal Reserve's decision to pause key interest rates for the first time in 15 months. This unexpected turn of events led to a bloodbath in the market, with major...