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U.S. Crypto Industry Will Follow a Different Path From Rest of World: BitMEX Group CEO
26.9.2024
The U.S. crypto market will "bifurcate from the rest of the world" said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk
Nigerian Currency Plunges After Central Bank Rate Hike
26.9.2024
The Nigerian Naira weakened significantly against the U.S. dollar following the Central Bank of Nigeria’s (CBN) decision to hike interest rates for the fifth time this year. The naira dropped to NGN1,658 per dollar on the official foreign exchange market after the CBN increased the benchmark...
Retail Accumulation and Exchange Outflows Drive Market Optimism for Bitcoin
25.9.2024
Smaller bitcoin investors and reduced liquidity signal potential for continued price growth
Nigeria’s Central Bank Raises Benchmark Rate by 50 Basis Points
25.9.2024
The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% and increased the Cash Reserve Ratio (CRR) for banks. These measures aim to combat inflation and stabilize the Nigerian economy. The CBN governor, Olayemi Cardoso, stated that the reforms...
Crypto wallet Exodus donates $1.3M to help ‘mobilize’ US crypto voters
25.9.2024
Exodus’ donation to the political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.”
Crypto wallet Exodus donates $1.3M to help ‘mobilize’ US crypto voters
25.9.2024
Exodus’ donation to a political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.”
Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation
25.9.2024
Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart....
TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing
24.9.2024
TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without properly registering, the U.S. Securities and Exchange Commission said...
Zimbabwe’s Central Bank to Shield Gold-Backed Currency From Market Volatility
24.9.2024
Zimbabwe’s central bank governor, John Mushayavanhu, has stated that the bank might use its foreign currency reserves to protect the Zimbabwe Gold (zig) from severe market disruptions. He also pledged to maintain a tight monetary policy to ensure stable inflation and exchange rates. The...
'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise
24.9.2024
U.S. Rep. Maxine Waters (D-Calif.), the House Financial Services Committee's ranking Democrat, suggested in a Securities and Exchange Commission oversight hearing on Tuesday that she and the Republican chairman should finish a bill this year to regulate U.S. stablecoin issuers
Kraken acquires Dutch broker BCM as part of European expansion
24.9.2024
The acquisition of the Dutch broker firm is a key part of the exchange’s European expansion strategy ahead of the MiCA regulation
Crypto Exchange Kraken Said to Hire Natasha Powell as UK Head of Compliance
24.9.2024
Powell will start in her new role at the crypto exchange in November
Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish Regulator
23.9.2024
Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset Service Provider Status According to Bybit...
Australia to require crypto firms to hold financial services licenses
23.9.2024
Licensing requirements for crypto exchanges in Australia will be extended beyond those related to digital currency exchanges
Australia to require crypto firms to hold financial services licenses
23.9.2024
Licensing requirements for crypto exchanges in Australia will be extended beyond those related to digital currency exchanges
Fed’s Rate Cut Could Spell Disaster, Microstrategy Buys More Bitcoin, and More — Week in Review
22.9.2024
Peter Schiff has warned that the Federal Reserve’s rate cut will lead to economic disaster. Microstrategy, continuing its bitcoin acquisition strategy, plans to buy more bitcoin after raising $1.01 billion from a private offering. A bitcoin investor faces up to three years in prison...
African economies show high potential for digital asset adoption
22.9.2024
South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR
SEC seeks sanctions against Elon Musk over Twitter investigation
20.9.2024
Elon Musk and his various companies are currently facing regulatory scrutiny in Brazil, the European Union, and the United States
SEC seeks sanctions against Elon Musk over Twitter purchase
20.9.2024
Elon Musk and his various companies are currently facing regulatory scrutiny in Brazil, the European Union, and the United States
Crypto.com gains payment service license from Bahrain central bank
20.9.2024
Singapore-based cryptocurrency Crypto.com is reinforcing its regional presence with a Bahraini license following on approval in Dubai