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South Korean Biz Exec Bailed as ‘Bithumb Market Manipulation’ Probe Continues

28.12.2023
Source: Global Image Archive/Adobe A South Korean court has released a media mogul and business executive on bail as a probe into market manipulation and insider trading at the crypto exchange Bithumb continues. The executive, Won Young-sik, is the former CEO of Chorokbaem Group, the parent firm...

888 Casino Review, Bonuses & Promo Codes 2023

27.12.2023
888 Casino is one of the trailblazers of the modern iGaming arena. The operator joined the industry in 1997 by launching a small Casino-on-Net site registered in Antigua. The gaming climate shift, internet boom, and the owners’ business foresight transformed it into one of the biggest players...

Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke

26.12.2023
Shifke is the CFO of Silbert's Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC filing

Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack

26.12.2023
Payments through bank accounts are still awaited

New York Offers New Virtual Currency Guidance

22.12.2023
On Nov. 15, 2023, the New York Department of Financial Services (NYDFS) issued new standards for virtual currency (coin) listings and delistings. These new regulations apply to Bitlicensees and limited-purpose trust companies and include business model considerations for virtual currency entities...

Coinbase Expands Into France With Acquisition of VASP License Ahead of MiCA

21.12.2023
Source: Pixabay Coinbase has received regulatory approval from France’s Financial Markets Authority to conduct business as a digital asset trading venue. According to a CNBC report published on Tuesday, Coinbase has secured a virtual asset service provider (VASP) license from the Financial Markets...

Crypto for Advisors: The 2024 Year Ahead

21.12.2023
Advisors now have a better – but still nascent – array of investment options to help avoid the pitfalls of early-adopter risk and exploit a generational opportunity in 2024

Big Money Management Firms Expect SEC to Greenlight Spot Bitcoin ETFs by January 10

21.12.2023
Source: AdobeStock / Backcountry Media Big money management firms expect the Securities and Exchange Commission (SEC) to grant approval for the first “spot” Bitcoin (BTC) exchange-traded fund (ETF) in early January. According to sources close to these firms, recent guidance from...

TaxWraps: Unwrap the Financial Gift of Tokenization this Christmas

20.12.2023
As tokenization takes hold, we propose a way to defer tax liabilities, bringing the tax efficiencies of ETFs to a wide market

Tis the Season To Be Jolly About the Crypto Market in 2024

20.12.2023
With TradFi moving in, the crypto industry is finally taking its place as the future of finance, says Kelly Ye, at Decentral Park Capital

Stacks' STX Soars 27% on Positive Comments From Tim Draper

20.12.2023
Stacks [STX], the native token of Stacks Network, rose by 25% on Wednesday on the back of praise from legendary investor Tim Draper

Crypto Accounting and Tax Reporting Platform TRES Raises $11M to Add New Blockchains

20.12.2023
TRES currently services clients with combined assets worth $19 billion, helping them manage, monitor and reconcile their digital asset activity across over 100 layer-1 and layer 2-blockchain networks

UK Finance Minister to Probe Banking Challenges Faced by Crypto Firms

20.12.2023
Source: AdobeStock / Mary The finance minister of the United Kingdom has pledged to look into the reported difficulties faced by licensed cryptocurrency firms in opening business accounts in the country. Chancellor of the Exchequer Jeremy Hunt has agreed to meet with Economic Secretary of...

Banks Flock to Chinese Digital Yuan Pilot – 60 Now Offer CBDC Wallets

20.12.2023
Source: Sean K/Adobe Nine more banks have joined China’s digital yuan pilot, bolstering the number of banks offering CBDC wallets to 60. Per Beijing Business Today (via Sohu), the latest batch of commercial banks to join the pilot include three big city-based banks and six rural banks. City-based...