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Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1
23.5.2023
The Securities and Futures Commission's guidelines explicitly ban crypto gifts to incentivize retail investments, which likely includes airdrops
TON Foundation Launches $25 Million Accelerator Program for Emerging Crypto Projects
23.5.2023
The TON Foundation, the entity which runs The Open Network (TON) blockchain, has unveiled a new accelerator program for emerging projects, allocating up to $25 million for supported projects this year.
"The funding, which is provided by Toncoin Fund, a $250 million ecosystem fund dedicated...
Pentagon Bomb Hoax Highlights Power of Artificial Intelligence - What Could It Mean For Crypto?
23.5.2023
A fake photo of an explosion at the Pentagon has gone viral on social media platforms, highlighting the power of artificial intelligence.
On Monday, an AI-generated image that showed smoke billowing from the iconic building sent shock waves across social media platforms, even prompting...
DCG Fails to Make $630M Payment to Creditors Amid Genesis Negotiations, Says Gemini
23.5.2023
In the midst of the financial dispute between crypto exchange Gemini and Digital Currency Group (DCG), Gemini has alleged that DCG failed to make a payment of around $630 million that was due last week. In response, Gemini has stated that it may extend “forbearance” to DCG in order...
FBI releases warning about fake crypto job advertisements
23.5.2023
The fake job advertisements have lured prospective employees to foreign countries and then forced participation in cryptocurrency fraud schemes
Crypto Market Near-Term Upside Is Likely Capped: Bank of America
23.5.2023
The bank expects digital asset trading volumes to remain subdued, with retail investors remaining on the sidelines
Hong Kong to open crypto exchange access for retail users, but there's a catch
23.5.2023
Hong Kong's securities watchdog announced new plans to allow retail investor access to virtual assets platform
Latam Insights — Venezuela’s Maduro States De-Dollarization Is ‘Inevitable,’ Argentina Raises Interest Rates to Close to 100%
23.5.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Venezuela makes a push for de-dollarization, the Central Bank of Argentina raises interest rates to close to 100%, and Brazil breaks the U.S....
Is a Bullish Surge Predicted for the Bitcoin Price? Expert Crypto Analysts Weigh In on BTC's Momentum
23.5.2023
Are we on the brink of a bullish surge in the price of Bitcoin (BTC)?
This question has been at the forefront of discussions among expert crypto analysts as they assess the current momentum of the leading cryptocurrency.
Bitcoin's price has been subject to significant fluctuations in recent...
International Securities Regulator IOSCO Proposes Policy Recommendations for Crypto
23.5.2023
The consultation period closes on July 31
Crossover Markets Teams With Credit Network Hidden Road to Enable Crypto Trading
23.5.2023
The aim of the collaboration is to avoid conflicts of interest by decoupling trade execution from custody and brokerage
Malaysian Regulator Orders Crypto Exchange Huobi Global to Halt Operations in the Country
23.5.2023
The Malaysian securities regulator announced on May 22 that the crypto exchange Huobi Global Limited and its CEO Leon Li have been reprimanded for operating in the Asian country illegally. The regulator also revealed that the crypto exchange has been told to stop soliciting investments via emails...
Bitcoin of America to halt operating unlicensed crypto ATMs in Connecticut
23.5.2023
The Department of Banking highlighted that Bitcoin of America failed to obtain a license as a money transmitter to operate Bitcoin ATM kiosks in the state
Crypto Exchange OKX Targets France as Regional Hub With Plan to Hire 100 People
23.5.2023
OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval
SEC has no authority over crypto, argues defendants in $18M fraud lawsuit
23.5.2023
Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit's dismissal, arguing the regulator has no authority over crypto
Ledger CEO says ‘sharded’ wallet keys could be shared if subpoenaed
23.5.2023
The private seed phrases of Ledger users could be shared with governments if they are ordered to, but this is “not a real concern,” says CEO Paul Gauthier
Ripple CEO: ‘Confusing’ US Crypto Rules Benefiting Europe
23.5.2023
The United States’ confusing crypto regulations have forced firms like Ripple to consider investing outside the country, and Europe has been a “significant beneficiary” of this confusion, Brad Garlinghouse has said. The Ripple CEO suggested that the United States needs to emulate...
Coinbase to roll out 'Moving America Forward' national campaign for crypto
23.5.2023
The ads will emphasize the financial innovations facilitated via crypto and raise awareness for Coinbase events and lobbying efforts
Crypto sees 5th week of outflows on 'poor' BTC sentiment: Coinshares
23.5.2023
Outflows across all digital asset investment products hit $232 million over the past five weeks, with BTC-related funds leading the carnage, per Coinshares
Republican Tim Scott Announces His Run for President — How Could That Affect Crypto?
23.5.2023
Republican Sen. Tim Scott, who could be an influential player in the cryptocurrency industry, announced his run for US president on Monday.
The South Carolina lawmaker formally announced his run on Twitter as a crowd gathered in Charleston, South Carolina.
Scott joins other candidates, including...