Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Morgan Stanley May Add Crypto Trading to E-Trade Platform
Reading Time: < 1 minuteMorgan Stanley is reportedly looking into offering crypto trading services through its E-Trade platform.
Binance Wins a Broker-Dealer License in Brazil
Reading Time: < 1 minuteBinance has achieved its 21st regulatory approval globally, as the central bank of Brazil, Banco Central do Brasil, has officially authorized the platform.
Only 54% of Crypto Ads Considered Illegal by FCA Were Removed in UK
Reading Time: < 1 minuteThe UK’s Financial Conduct Authority (FCA) was only successful in removing 54% of the 1,702 illegal crypto advertisements that were reported between October 2023 and October 2024.
Uniswap to Launch 4th Version of its Protocol Soon
Reading Time: < 1 minuteAfter initially aiming for a Q3 2024 launch, the decentralized exchange Uniswap has revealed that its latest iteration, Uniswap v4, will be released “soon.”
Chinese Regulator Introduces Stricter Crypto Rules
Reading Time: < 1 minuteThe Chinese government has implemented new foreign exchange regulations that require banks to closely monitor and flag any high-risk transactions involving cryptocurrency assets.
Do Kwon is Extradited to US
Reading Time: < 1 minuteMontenegrin authorities have transferred Terraform Labs co-founder Do Kwon to US law enforcement after a protracted legal battle over his extradition.
Malaysia’s Regulator Orders Bybit to Exit Local Market
Reading Time: < 1 minuteThe Securities Commission (SC) of Malaysia has taken action against cryptocurrency exchange Bybit.
MoonPay Secures MiCA Approval in Netherlands
Reading Time: < 1 minuteMoonPay has been officially approved to operate under the European Union’s Markets in Crypto-Assets (MiCA) regulation by the Netherlands.
Tether Moves $780M in Bitcoin to its Reserve
Reading Time: < 1 minuteTether has recently moved around $780 million worth of Bitcoin into its corporate Bitcoin reserve, marking its largest move since March.
Australia Installs 1,359 Bitcoin ATMs
Reading Time: < 1 minuteAustralia is emerging as a frontrunner in global adoption of cryptocurrency, largely due to the increasing number of Bitcoin ATMs.
Number of Ethereum Hodlers Rose in 2024
Reading Time: < 1 minuteThe number of long-term Ether holders, those who have held an asset for more than a year, has steadily increased throughout the year 2024
Galaxy Research: US Government Will Not Acquire BTC Next Year
Reading Time: < 1 minuteGalaxy Digital’s research division predicts that the US government will not purchase any Bitcoin in 2025, but will instead hold onto its existing supply.
Bitwise Files for Bitcoin ETF Tracking Companies Holding BTC Reserves
Reading Time: < 1 minuteBitwise Asset Management has applied for approval from regulators to introduce a new ETF that targets publicly traded companies with significant holdings of Bitcoin.
USDT Issuer Tether Makes First Venture Capital Investment
Reading Time: < 1 minuteTether has entered the world of venture capital with its recent investment of $2 million in Arcanum Capital’s Arcanum Emerging Technologies Fund II.
Hong Kong’s Stablecoins Bill Enters Legislative Council
Reading Time: < 1 minuteHong Kong has taken a significant step towards establishing a regulatory framework for stablecoins with the publication of the proposed Stablecoins Bill.
Israel Greelights Six Bitcoin Funds
Reading Time: < 1 minuteSix Bitcoin mutual funds are set to launch on December 31 by Israeli fund managers, after receiving approval from the Israel Securities Authority.
Crypto Exchange DMM to Open Accounts in March
Reading Time: < 1 minuteJapanese crypto firm SBI VC Trade has finalized a deal to acquire the assets of the hacked exchange, DMM Bitcoin.
Turkey to Implement New Crypto AML Regulations
Reading Time: < 1 minuteTurkey has announced new regulations for cryptocurrencies, taking inspiration from similar developments in major jurisdictions like Europe.
30% of South Korea’s Users Have Invested in Crypto
Reading Time: < 1 minuteThe Bank of Korea has recently announced that there were more than 15.59 million domestic investors in crypto assets, which accounts for over 30% of the country’s population.
MicroStrategy Plans to Increase Shares to Acquire More BTC
Reading Time: < 1 minuteMicroStrategy has put forth a proposal to increase its shares of Class A common stock and preferred stock, in order to better execute its Bitcoin strategy.
Hackers Steal $2.3B in Crypto in 2024
Reading Time: < 1 minuteHackers targeting cryptocurrency this year made record-breaking achievements by stealing over $2.3 billion worth of crypto assets from the Web3 ecosystem.
Crypto.com Launches a Custody Service in US
Reading Time: < 1 minuteCrypto.com on Monday announced the launch of its new cryptocurrency custody service, called the Crypto.com Custody Trust Company.
IRS Says Crypto Staking is Taxable
Reading Time: < 1 minuteAccording to the US IRS, the rewards received from staking activities should be treated as ordinary income and be reported on a person’s tax return as such.
Russia Bans Cryptocurrency Mining for 6 Years
Reading Time: < 1 minuteThe Russian government has approved a list of regions and territories where cryptocurrency mining will be prohibited next year.
Tech Giant Google Will Require UK Crypto Ads to Register with National Regulator
Reading Time: < 1 minuteGoogle has implemented a new policy that requires digital asset exchanges and wallets to be registered with the Financial Conduct Authority (FCA) in the United Kingdom before being authorized to advertise on its platform.
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