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Crypto Exchange Gate.HK Ceases Operations — Urges Users to Withdraw Assets
24.5.2024
Gate.HK, the Hong Kong arm of cryptocurrency exchange Gate.io, is undergoing a significant platform overhaul to enhance security and compliance, withdrawing its applications for licensing under Hong Kong’s Securities and Futures Ordinance (SFO) and the Anti-Money Laundering...
Crypto Exchange OKX Withdraws Hong Kong License Application
24.5.2024
The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month
CatCoin demands BitForex resolve token withdrawals, hints at lawsuit
24.5.2024
The CatCoin team urged BitForex to respond to their grievances via a designated email address, marking a last-ditch effort before potentially escalating the matter further
Hong Kong crypto exchange folds to regulatory pressure
24.5.2024
Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses
SEC Approves Key Regulatory Filings for Spot Ether ETFs
24.5.2024
The U.S. Securities and Exchange Commission (SEC) has approved pivotal 19b-4 filings for spot ether ETFs, marking a major regulatory milestone for the cryptocurrency sector. This approval indicates a newfound willingness to engage with ether ETF issuers. SEC Surprises Market With Approval of...
Newly-Approved Spot Ether ETFs Could Start Trading by Mid-June: Analyst
24.5.2024
Newly-approved spot Ethereum exchange-traded funds (ETFs) could potentially hit the market by mid-June, as per Bloomberg ETF analyst James Seyffart
The post Newly-Approved Spot Ether ETFs Could Start Trading by Mid-June: Analyst appeared first on Cryptonews
IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’
24.5.2024
The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a significant policy step. This is the IMF’s first substantial comment on the currency since its inception. The global lender has reportedly announced plans to send a team...
Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria
24.5.2024
Tigran Gambaryan, a detained executive of cryptocurrency exchange Binance, collapsed in court due to alleged ill health during his ongoing money laundering trial in Nigeria.
The post Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria appeared first...
Prosecutors Push 5-7 Year Sentence For FTX Exec Ryan Salame
23.5.2024
U.S. prosecutors are pushing for a 5 - 7 year sentence for former FTX executive Ryan Salame on charges stemming from his time at Sam Bankman-Fried’s doomed crypto exchange, a new court filing reveals. Salame is the first executive of the exchange outside of Sam Bankman-Fried to be formally...
Coinbase reopens XRP trading in New York
23.5.2024
Paul Grewal, Coinbase’s chief legal officer, announced that New York users of the exchange can once again trade XRP
Congressmen Urge SEC Chair Gary Gensler To Approve Spot ETH ETP
23.5.2024
A group of bipartisan House representatives is urging United States Securities and Exchange Commission (SEC) Chair Gary Gensler to approve spot Ether ETPs, a new letter shows. The push for spot ETH ETP approval follows the House’s successful FIT21 vote on Wednesday.
The post Congressmen Urge...
Bybit CEO refutes insolvency rumors, shares proof-of-reserves
23.5.2024
Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them
CNBC Fast Money trader says Solana ETFs ’probably’ next, sparking debate
23.5.2024
CNBC contributor and crypto investor Brian Kelly said Solana is one of the “big three” coins, meaning it’s likely to be the next to receive ETF treatment
Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts
23.5.2024
Trading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge, following the company’s adoption of a bitcoin investment strategy similar to Microstrategy’s, which led to a 158% increase in its share price over...
‘Asia’s MicroStrategy’ Metaplanet smashes all other Japanese stocks
23.5.2024
Trading in Metaplanet’s stock was halted for two straight days under Tokyo Stock Exchange rules as its shares rocketed over the last week
SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?
22.5.2024
The White House is "eager" to work on a crypto bill. That was the sentiment of its latest statement on Wednesday, putting the administration on-the-record again about wanting new digital assets policies to protect investors. But U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler –...
Ripple CLO Lambasts Gary Gensler Amid SEC Legal Battle
22.5.2024
On May 22, Stuart Alderoty, Ripple’s Chief Legal Officer, unleashed a scathing rebuke on Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), for his mishandling of crypto asset regulation. Ripple CLO Tags Gensler as “Struggling Political Liability” Alderoty’s...
Ethereum Futures ETFs Hit Record Daily Trading Volume Amid Anticipation of Spot Approvals
22.5.2024
The daily trading volume for Ethereum futures exchange-traded funds (ETFs) surged to an all-time high yesterday, fueled by increasing anticipation of potential spot approval from the U.S. Securities and Exchange Commission (SEC).
The post Ethereum Futures ETFs Hit Record Daily Trading Volume Amid...
WisdomTree Secures Permission To List Crypto ETPs On the London Stock Exchange
22.5.2024
On May 22, WisdomTree was given permission by the Financial Conduct Authority (FCA) to list WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW), two of its cryptocurrency exchange-traded products (ETPs), on the London Stock Exchange (LSE).
The post WisdomTree Secures...
SEC fines NYSE parent company $10M for failing to report cyberattack
22.5.2024
The Intercontinental Exchange will pay a penalty for failing to timely inform a cyber intrusion. The enforcement action affected several ICE subsidiaries, including the New York Stock Exchange