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Crypto Exchange OKX Upgrades McLaren Branding to Widen Reach


Digital asset exchange, OKX has increased its level of partnership with McLaren’s Formula 1 team citing more adoption and visibility.  In a recent post on its website, the company announced the updated agreement of its partnership with McLaren F1 2024 branding with the desire to gain more...

Bitcoin ETF Approval Has Failed Investors, Says Bloomberg + More Crypto News


Source: AdobeStock / MMollaretti Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin ETF Approval Has Failed Investors, Says Bloomberg Reddit Mentions May Help Predict Crypto Price Changes...

Shanghai Court Issues Verdict in First Digital Yuan Money Laundering Case


A Shanghai court has issued a verdict for the first instance of money laundering using Chinese digital yuan and cryptocurrency, marking a significant legal precedent of crypto-related crimes in China. According to Shanghai Securities News, the Yangpu District People’s Court of Shanghai...

Trump’s Promise: “I Will Never Allow The Creation Of A CBDC”


Former US President Donald Trump has been dismissive about the value of cryptos and central bank digital currencies (CBDCs) in the past. The 2024 Republican frontrunner has once again promised against the creation of a CBDC “to protect Americans from government tyranny.” Speaking in Portsmouth,...

IRS Delays Enforcement of Digital Asset Reporting Rules, Awaiting Regulations


On Tuesday, the U.S. Internal Revenue Service (IRS) and Treasury provided transitional guidance on digital asset reporting, postponing enforcement pending regulation issuance. IRS Temporarily Halts Enforcement of Digital Asset Reporting The U.S. Treasury Department and the Internal Revenue Service...

Spot Bitcoin ETF Approval Was a Sell-the-News Event: CryptoQuant


It has been a whole week since the U.S. Securities and Exchange Commission (SEC) approved Spot Bitcoin exchange-traded funds (ETFs) and unsurprisingly this has been a “sell-the-news” type of event. Many cryptocurrency traders decided to use this event as the perfect opportunity to sell...

Thailand’s SEC Eases Investment Restrictions in Select Digital Assets


The Securities and Exchange Commission (SEC) of Thailand has updated the criteria for investing in digital tokens, easing some restrictions. In a meeting held on March 2, 2023, the SEC Committee approved the principles for improving investment criteria and related criteria for digital asset...

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