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Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market
26.7.2024
A recent joint report by Coinbase Institutional and the onchain analytics firm Glassnode reveals a maturing and stabilizing cryptocurrency market despite recent price corrections. The analysis highlights robust trading volumes, increasing onchain activity, and significant progress in regulatory...
Stablecoin adoption greater risk for developing nations
26.7.2024
A new report warns that the adoption of global stablecoins in emerging markets and developing economies poses significant financial risks and regulatory challenges
Bitget Wallet tops Nigeria’s app store as OKX exits market
25.7.2024
Bitget Wallet's surge in popularity among Nigerian users highlights its growing appeal in the Web3 space, amidst evolving digital finance trends
Revolut secures UK banking license after three-year wait
25.7.2024
Revolut secured a UK banking license after a three-year regulatory process, marking a significant milestone in its expansion and solidifying its position in the home market
Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi
23.7.2024
The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260
Gate.io Suspends New Account Registrations in Japan Amid Regulatory Pressures
23.7.2024
In response to compliance requests from Japan’s Financial Services Agency, crypto exchange Gate.io has announced the suspension of new account registrations for customers based in Japan, effective from July 22, 2024. The exchange is ceasing all services in the country due to regulatory pressures....
Gate.io to wind down services for customers in Japan
23.7.2024
The crypto exchange blamed regulatory pressures and “compliance requests” from local financial regulators as the reason it terminated its services
Ether’s ‘most obvious bullish setup’ is set for H2 2024, says former Wall Street trader
22.7.2024
Other analysts are also expecting a new Ether all-time high after the ETF launch, but the price is struggling to decisively breach the $3,500 mark
HKX joins list of crypto exchanges to quit Hong Kong market
22.7.2024
HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues
Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness
22.7.2024
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC)...
Arkham transfers $487M ARKMs to Coinbase Prime for tax compliance
21.7.2024
As the unlocking process progresses, the involvement of Coinbase Custody will play a crucial role in managing the vesting of these tokens
Arkham transfers $487M ARKMs to Coinbase Prime for tax compliance
21.7.2024
As the unlocking process progresses, Coinbase Custody will play a crucial role in managing the vesting of these tokens
Nigerian crypto star out on bail following police detention
20.7.2024
Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector
Nigerian crypto star out on bail following police detention
20.7.2024
Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector
Real Estate Tokenization Platform Enters Kenyan Regulatory Sandbox
20.7.2024
Ownmali, a blockchain-enabled real estate tokenization platform, has been admitted into the Capital Markets Authority of Kenya (CMA Kenya) Regulatory Sandbox. Ownmali aims to foster greater inclusivity in real estate investing by making it more affordable for younger Kenyans, regardless of their...
Crypto firms’ vulnerability to CrowdStrike blackout: Analyst insights
20.7.2024
Although no major crypto exchange was affected by the CrowdStrike downtime, analysts provided possible impacts in a case where they are
EU releases crypto-asset classification tools to help firms comply with MiCA
19.7.2024
EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play
KPMG to help US crypto firms uphold reporting standards
19.7.2024
KPMG formed a strategic alliance with Cryptio to help crypto firms in the United States adhere to GAAP compliance, enhancing accounting and reporting practices
HK bank supports nation's regulatory goals with reserve services
19.7.2024
This development aligns with the city’s regulatory goals and represents a forward-thinking approach to integrating traditional banking with cutting-edge financial technologies
Potential Ban on Cryptocurrency Mining in Certain Regions Disrupts Regulatory Efforts in Russia
19.7.2024
The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in Russia. The proposed bill, which is expected to pass in August, would give authorities the power...