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Author: Chris Smith

I am a crypto enthusiast and believe in the potential of cryptocurrencies and blockchain to revolutionize the financial world as we know it. I have been covering crypto news for over 6 years and truly believe the media can contribute to the mass adoption of digital assets.

BiT Global Sues Coinbase Over wBTC Delisting

Reading Time: < 1 minuteJustin Sun’s company BiT Global, which recently became a major stakeholder in the wBTC ecosystem, is taking legal action against the crypto exchange behemoth Coinbase.

December 16, 2024December 16, 2024 Chris Smith News

Bank of England Demands Companies to Disclose Their Crypto Exposure

Reading Time: < 1 minuteThe Prudential Regulation Authority (PRA), the regulatory arm of the Bank of England, has recently issued a directive that requires businesses to disclose their current and anticipated exposure to crypto assets by March 2025.

December 13, 2024December 13, 2024 Chris Smith News

Australia May Introduce A Stricter Crypto Regulation

Reading Time: < 1 minuteAustralia has suggested more stringent measures to combat financial crime through the implementation of stricter Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) rules.

December 13, 2024December 13, 2024 Chris Smith News

Hong Kong Accelerates Crypto Licensing to Become Global Hub

Reading Time: < 1 minuteHong Kong is taking steps to expedite the approval process for cryptocurrency trading platforms as it aims to become a leading global hub for the crypto industry.

December 12, 2024December 12, 2024 Chris Smith News

Travala Unveils a Bitcoin and AVA Reserve

Reading Time: < 1 minuteCryptocurrency-oriented travel agency Travala has announced plans to launch a dedicated reserve for Bitcoin and its native token Ava.

December 12, 2024December 12, 2024 Chris Smith News

Circle and Binance Join Forces to Drive Global USDC Adoption

Reading Time: < 1 minuteTwo leaders in the crypto industry, Circle Internet Group Inc. and Binance, have formed a new partnership to promote the use of USDC and support the growth of the global digital assets and financial services ecosystem.

December 11, 2024December 11, 2024 Chris Smith News

Bitoasis Wins License in Dubai

Reading Time: < 1 minuteBitOasis has successfully obtained its Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA).

December 10, 2024December 10, 2024 Chris Smith News

Weekly Inflows into Crypto ETPs Reach $3.85B

Reading Time: < 1 minuteAs Bitcoin surged past $100,000 for the first time, investment products related to the cryptocurrency saw record inflows of $3.85 billion during the trading week of Dec. 2–6.

December 10, 2024December 10, 2024 Chris Smith News

FSOC Says Stablecoins Must Be Regulated

Reading Time: < 1 minuteThe US Financial Services Oversight Council has urged the government to create regulations for the issuance of stablecoins, citing potential risks to the financial system.

December 9, 2024December 9, 2024 Chris Smith News

Crypto Exchange GRVT Wins a License in Bermuda

Reading Time: < 1 minuteThe latest industry company to receive regulatory approval from the Bermuda Monetary Authority (BMA) is hybrid cryptocurrency exchange GRVT.

December 9, 2024December 9, 2024 Chris Smith News

Trump Appoints ex-PayPal COO as Crypto Czar

Reading Time: < 1 minuteDavid Sacks, a former Chief Operating Officer of PayPal, has been chosen as the United States’ first artificial intelligence and crypto czar, a new position established by President-elect Donald Trump.

December 6, 2024December 6, 2024 Chris Smith News

MicroStrategy’s Bitcoin-related Profit Reaches $17B

Reading Time: < 1 minuteMicroStrategy has accumulated over $17 billion in unrealized profits through its Bitcoin buying spree.

December 6, 2024December 6, 2024 Chris Smith News

Mt. Gox Transfers $2.4B in Bitcoin to a New Wallet

Reading Time: < 1 minuteBankrupt cryptocurrency exchange Mt. Gox recently transferred 24,051.75 BTC, equivalent to approximately $2.4 billion, to an unidentified wallet address.

December 5, 2024December 5, 2024 Chris Smith News

Bitcoin Exceeds $100,000

Reading Time: < 1 minuteThe value of Bitcoin soared to a historic $100,000 milestone, marking a significant achievement for the cryptocurrency market after a year of remarkable growth.

December 5, 2024December 5, 2024 Chris Smith News

21X Approved to Launch a Regulated Asset Tokenization Platform

Reading Time: < 1 minute21X, a German fintech company, has made history by becoming the first entity to receive a license from the European Union to operate a fully blockchain-based trading platform.

December 4, 2024December 4, 2024 Chris Smith News

Bitget Launches a New Exchange in Vietnam

Reading Time: < 1 minuteCryptocurrency exchange Bitget has announced the launch of BitEXC, a new trading platform specifically designed for the Vietnamese market.

December 4, 2024December 4, 2024 Chris Smith News

BitGo Announces Platform for Retail Clients

Reading Time: < 1 minuteBitGo has recently announced its plan to cater to retail investors in addition to its traditional focus on institutional clients over the past ten years.

December 3, 2024December 3, 2024 Chris Smith News

Inflows into Spot Bitcoin ETFs Reached $6.4B Last Month

Reading Time: < 1 minuteThe US saw a surge in investments into spot Bitcoin exchange-traded funds (ETFs) last month as the BTC market price reached a record-breaking $99,000 level.

December 3, 2024December 3, 2024 Chris Smith News

Japanese Crypto Exchange DMM Bitcoin Closes Following Hacker Attack

Reading Time: < 1 minuteAfter suffering a hack in May resulting in over $300 million in losses, Japanese cryptocurrency exchange DMM Bitcoin has announced its decision to shut down operations.

December 2, 2024December 2, 2024 Chris Smith News

Metaplanet Plans to Raise $62M to Acquire More BTC

Reading Time: < 1 minuteJapanese investment firm Metaplanet plans to raise more than $62 million (9.5 billion Japanese Yen) by acquiring stocks in order to add to its Bitcoin treasury.

November 29, 2024November 29, 2024 Chris Smith News

OKX Expands Services to Belgium

Reading Time: < 1 minuteCryptocurrency exchange OKX has recently expanded its operations in Europe by introducing a new trading platform and self-custodial wallet in Belgium.

November 29, 2024November 29, 2024 Chris Smith News

Russian Lawmakers Greenlight Crypto Tax Bill

Reading Time: < 1 minuteRussian lawmakers have given their approval to the government’s proposal for a crypto tax bill, which will require Bitcoin miners to pay taxes on their earnings.

November 28, 2024November 28, 2024 Chris Smith News

Tether Ends Support for Stablecoin EURt

Reading Time: < 1 minuteTether has announced that it will no longer support its euro-pegged stablecoin, EURt. Users are being asked to redeem their EURt holdings within a year.

November 28, 2024November 28, 2024 Chris Smith News

CFTC Will Oversee Crypto Regulation Under Trump Administration

Reading Time: < 1 minuteThe incoming Trump administration is looking to expand the role and power of the Commodity Futures Trading Commission in overseeing the digital asset market, which is valued at $3 trillion.

November 27, 2024November 27, 2024 Chris Smith News

WisdomTree Files Application to Launch an XRP ETF

Reading Time: < 1 minuteWisdomTree, an asset management company based in New York, has filed a registration statement for an XRP ETF in Delaware.

November 26, 2024November 26, 2024 Chris Smith News

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  • bitcoinBitcoin (BTC) $ 85,430.00 0.57%
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