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S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape
25.4.2024
According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by Mohamed Damak and Andrew O’Neill, the report outlines the potential for enhanced...
S&P Global Says US Stablecoin Adoption Could Soar Following New Rules
25.4.2024
S&P Global said the recent change in rules involving the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the regulatory framework could bolster confidence.
The post S&P Global Says US Stablecoin Adoption Could Soar Following New Rules appeared first...
Noones CEO Ray Youssef Blasts Bitcoin Fees: ‘We Have Failed the Global South’
24.4.2024
Ray Youssef, the former Paxful CEO, has commented on the negative impact of high transaction fees on bitcoin adoption in emerging markets. Youssef stated on social media that the recent developments in the bitcoin fee market have pushed users to alternatives such as USDT on the Tron blockchain over...
Morgan Stanley: US Dollar Has No Credible Challengers; Reserve Currency Status to Endure
20.4.2024
The U.S. dollar is likely to remain the world’s dominant reserve currency due to the absence of credible challengers. Morgan Stanley suggests that the Chinese yuan, often considered a potential rival to the U.S. dollar, currently falls short and is unlikely to dethrone the greenback. Reserve...
QCP Capital and Further Ventures Announce Partnership for Middle East Crypto Expansion
17.4.2024
Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop
For Crypto, the Global Regulatory 'Olympics' Has Already Begun
3.4.2024
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief
28.3.2024
Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore
Apex Legends Tournament Hacker Speaks, Swears It Was ‘A Joke’
20.3.2024
An individual responsible for hacking an Apex Legends global tournament over the weekend has revealed their motivations: they did it “just for fun.” Read more
Apex Legends Tournament Postponed After Players Hacked Mid-Game
18.3.2024
A big Apex Legends tournament came to an abrupt end after a handful of pro players were hacked during one of the final matches of the competition. Developer Respawn Entertainment and publisher EA have yet to comment on the situation, leaving folks frustrated with the state of the game and...
Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License
15.3.2024
Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed
Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund
8.3.2024
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission...
Former Director of Blockchain Global Liang Guo Detained in Australia
29.2.2024
In an X post published on February 28, the Australian Securities and Investments Commission (ASIC) announced it had secured an interim travel restraint order from the Federal Court of Australia against Liang Guo, the company’s director.
The post Former Director of Blockchain Global Liang...
Blockchain-Focused Super Pac Raises Millions From Crypto Magnates in January
21.2.2024
According to a recent report, a super political action committee (PAC) focused on the cryptocurrency industry has secured $4.9 million in contributions from Cameron Winklevoss and Tyler Winklevoss. Additionally, the super PAC named Fairshake amassed $6.3 million in funds last month, as per records...
Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares
15.2.2024
Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to Liquidate $1.3 Billion in Bitcoin Trust Shares According to Bloomberg, Genesis Global Holdco LLC secured Judge Sean...
Tiger Global Exited Coinbase Stake Late Last Year, Filing Shows
14.2.2024
Tiger sold 38,850 shares during the fourth quarter
Court Filing Shows Genesis Settled With NYAG, Aims to End Crypto Lending Platform Dispute
10.2.2024
After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company Digital Currency Group and Gemini, regarding...
Genesis Seeks Green Light from Bankruptcy Court for $1.4 Billion GBTC Share Sale
4.2.2024
Crypto lender Genesis Global Capital, currently undergoing bankruptcy proceedings, has requested permission to sell trust assets worth approximately $1.6 billion. In a motion filed with the U.S. Bankruptcy Court in the Southern District of New York, the firm sought approval to sell assets held...
Genesis Settles SEC Lawsuit, Agrees to $21 Million Civil Penalty for Earn Product
2.2.2024
Genesis Global and its affiliated entities have reached a settlement with the United States Securities and Exchange Commission (SEC), agreeing to pay a civil penalty of $21 million. The settlement, which resolves the SEC’s civil lawsuit against Genesis over the “unregistered offer...
Global X Pulls Out of Spot Bitcoin ETF Application
31.1.2024
Global X, one of the former contenders for a spot bitcoin exchange-traded fund (ETF), has withdrawn its application, according to a Jan 30 notice from Cboe BZX Exchange, which could have listed the fund
Number of Crypto Owners Globally Reached 580 Million in 2023, Report Shows
24.1.2024
The number of global crypto owners surged 34% in 2023, reaching 580 million by December, a new report shows. In particular, bitcoin ownership surged 33% while Ethereum saw an even steeper rise of 39%. The report pinpoints the approval of spot bitcoin exchange-traded funds (ETFs) and the Bitcoin...