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Kenyan Blockchain Association Told to Help Draft Regulation Bill, ‘Demystify’ Crypto
9.11.2023
The Blockchain Association of Kenya has been asked to help create the country’s first draft bill on crypto asset regulation. The National Assembly’s Departmental Committee on Finance and National Planning also asked the association to undertake “robust public education on cryptocurrency...
Ark Invest and 21Shares partner to launch digital asset ETF suite
9.11.2023
Five digital asset ETF products will be listed on the Chicago Board Options Exchange and are scheduled to start trading next week
Ark Invest and 21Shares to Launch Digital Asset ETF Suite
9.11.2023
Source: 21Shares Cathie Wood’s Ark Invest, in partnership with 21Shares, is launching a suite of digital asset ETFs, focusing on Bitcoin and Ethereum futures and blockchain technology. The suite comprises five ETFs, including ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) and ARK 21Shares...
Michael Saylor Expects Bitcoin Demand to Double After Halving and Spot Bitcoin ETF Approvals
9.11.2023
Microstrategy Chairman Michael Saylor expects the demand for bitcoin to double after the halving and the approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The Microstrategy executive says the next 12 months will be “pretty auspicious...
Gemini’s Travel Rule measures reflect ‘worrying creep’ of overregulation
9.11.2023
Gemini will be restricting its UK users to sending only to 58 virtual asset service providers that are registered under the Travel Rule starting Nov. 17. A Trezor analyst argues the measures will go against the principles of Bitcoin and financial freedom
Dr. Doom Embraces What He Once Scorned: Nouriel Roubini’s Firm Rolls Out Crypto Amidst Criticism
9.11.2023
Critics are currently roasting economist Nouriel Roubini, whose disdain for cryptocurrency is well-documented, as his company Atlas Capital announces its venture into the very market he once scorned. The firm is rolling out a crypto asset token crafted to combat the “negative effects...
Bitcoin Flips Ethereum for the First Time in 24-Hour NFT Sales Shift
8.11.2023
On Wednesday, November 8, 2023, the Bitcoin blockchain saw its non-fungible token (NFT) asset sales surpass those on the Ethereum platform, marking a historic shift during a single-day span. According to the analytics provided by cryptoslam.io, Bitcoin-based NFT transactions amounted to $17.17...
DeFi’s Next Frontier: The Untapped Potential of On-chain Structured Products
8.11.2023
Jordan Tonani from The Index Coop shares how the next bull-run will see more liquidity going into on-chain structured products
Bitcoin Technical Analysis: BTC Price Holds Above $35,000 But Momentum Slows
8.11.2023
Bitcoin’s price is holding above the $35,000 level, but positive momentum has slowed over the past week according to technical indicators. The world’s largest crypto asset by market capitalization closed at $35,369 on November 8. As Global Markets Show Mixed Signals, Bitcoin Rally...
HSBC Announces Plans to Launch Digital Asset Custody Service in Partnership with Metaco
8.11.2023
Source: AdobeStock / BGStock72 HSBC Holdings aims to introduce a custody service for digital assets, catering to institutional clients seeking exposure to tokenized securities. The global bank will offer the new service in collaboration with Metaco, a technology firm owned by Ripple Labs, according...
‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023
8.11.2023
The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto
Binance Unveils Web3 Wallet to Promote “Self Sovereign Finance”
8.11.2023
Source: Adobe Digital asset exchange Binance has rolled out a web3 wallet to offer a simplified gateway to self-custody for its users. The company announced the wallet’s launch at the Binance Blockchain Week Conference in Istanbul highlighting that it can be integrated across 30 blockchain networks...
UAE central bank to penalize unlicensed virtual asset service providers
8.11.2023
UAE lawyer Irina Heaver explained that the new guidance is part of the UAE’s efforts to be removed from the Financial Action Task Force’s (FATF) “grey list.”
Hong Kong Considers Allowing Trading of Spot Crypto ETFs
8.11.2023
Hong Kong is examining allowing the launch of spot cryptocurrency exchange-traded funds (ETFs), given that the risks of these instruments are addressed. In a recent interview, Julia Leung, CEO of the Hong Kong Securities and Exchange Commission, stated that the focus of the organization’s...
Moody’s Analytics Introduces AI Service To Predict Stablecoin Depegs
7.11.2023
Source: Pixabay Financial intelligence company Moody’s Analytics is launching a new AI service that can predict stablecoin depeggings while providing real-time insights about stablecoin issuers’ liquidity and stability. In a press release yesterday, the company unveiled its new Moody’s Analytics...
Crypto Firms in Dubai Have Until Nov. 17 to Clear all Licensing Requirements: VARA
7.11.2023
Source: Pixabay Dubai’s Virtual Asset Regulatory Authority (VARA) has set a new deadline for all crypto-related businesses to clear their licensing papers. VARA, the license issuing authority for crypto firms, wants all digital asset service providers to get licenses by November 17. According...
Digital Asset Funds Record $261 Million in Inflows, Marking Gains for the Sixth Consecutive Week
7.11.2023
The cryptocurrency market continues to pull strings of outsized inflows in recent weeks as investors set sights on a spot Bitcoin (BTC) Exchange Traded Fund (ETF). According to a new CoinShares Market Flow report, the total market products recorded gains of $261 million, its sixth consecutive week...
Crypto Exchange Listing and Delisting Announcements: November 6, 2023
6.11.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Bitcoin Wallets Holding Over $1K Surge to 8M, Setting New Record
6.11.2023
According to current data from Blockware Solutions and Glassnode, the number of Bitcoin wallets with balances exceeding $1,000 has reached a new high. Data analysis reveals that the number of such wallets has reached 8 million, signaling a potential shift in investor behavior and hinting at...
Hong Kong Regulator Planning to Widen Purview of Virtual Assets Supervision
6.11.2023
The Hong Kong Monetary Authority is reportedly planning to expand the purview of its supervision of virtual assets to include entities that issue stablecoins. The Hong Kong regulator said it also wants to create a framework that governs banks’ provision of virtual asset custody services. Hong...