Global Crypto Advocacy Movement Reaches Canada
13.7.2024
Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices. With approximately 5 million crypto holders...
Binance tax evasion verdict set for October
13.7.2024
Binance’s lawyer urged the judge to dismiss all charges, arguing that the case lacks substance
Binance tax evasion verdict set for October
13.7.2024
Binance's lawyer urged the judge to dismiss all charges, just as the charges against the detained executive were previously dropped, arguing that the case lacks substance
Marathon Digital Bitcoin Mine Manager Acquitted of Noise Violations In Texas
13.7.2024
David Fischer, who serves as a plant manager for a Bitcoin mine owned by Marathon Digital, a public Bitcoin mining company, has been acquitted of having responsibility for several noise complaints brought by citizens living nearby. The operation, located in Texas, is one of the least remote mines...
Open Source Tools Levels Playing Field for Smaller AI Firms Says Decentralized AI Proponent
13.7.2024
To preempt lawsuits and counter allegations that they are training their respective artificial intelligence (AI) models with illegally obtained data, AI firms should rely on publicly available or open-source data, according to Alberto Fernandez. Fernandez, a proponent of decentralized AI and also...
iGaming Platform BC.GAME Signs $40 Million Deal to Become Principal Partner of Leicester City
13.7.2024
The iGaming platform BC.GAME has signed a landmark $40 million deal to become the “Official Principal Partner” of English football club Leicester City, according to an announcement from Leicester City on July 5. This partnership marks one of the most significant in Leicester...
Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF
13.7.2024
Three-quarters of the jurisdictions surveyed by the Financial Action Task Force (FATF) “are only partially or not compliant” with the anti-money laundering recommendation for the virtual assets sector. According to the latest FATF update, 60% (88 jurisdictions) have decided to permit...
Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10%
13.7.2024
Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload...
Spot Bitcoin ETFs see highest flow day in over 5 weeks
13.7.2024
The BlackRock and Fidelity Bitcoin ETFs led the $310 million in inflows, while Grayscale recorded a rare inflow day at $23 million
Spot Bitcoin ETFs see highest flow day in over 5 weeks
13.7.2024
The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million
DBS Digital Exchange Sees 3-Fold Surge in Trading Value — Custodied Crypto up 80%
13.7.2024
DBS, a leading financial services group in Asia, reports a significant increase in the trading value of digital payment tokens on its digital exchange for the first five months of this year. The surge reflects growing institutional interest in digital assets as part of alternative portfolios....
China and Kazakhstan Sign CBDC Collaboration Agreement
13.7.2024
The People’s Bank of China and the National Bank of Kazakhstan have signed an agreement to collaborate on central bank digital currencies (CBDCs). This collaboration agreement, formalized during President Xi Jinping’s visit to Kazakhstan, aims to enhance CBDC research through joint...