Cryptocurrency Regulation
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Parallel Studio Nets $35M in Funding Round Led by VanECK
In an official communication, the Paris-based game developer Parallel Studios yielded $35 million in a seed funding round. The successful…
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FTX Estate Selling Locked Solana Worth $7.5 Billion
In a recent announcement, the estate of the now-defunct crypto exchange FTX is selling the remaining 41 million locked Solana…
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Bitwise Files Bid for Spot Ethereum ETF
The San Francisco-based Bitwise Asset Management has entered the race for Ethereum spot exchange-traded fund. The US leading crypto index…
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MicroStrategy Stock (MSTR) Trades at High Premium’ Over Bitcoin
The Kerrisdale investment company claims that the software firm’s stock will be badly impacted due to its unfounded price. MicroStrategy…
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Crypto Chip Firm Katena Successful in Case Filed by Coinmint
The arbitration panel rules out Katena did not trick or hoodwink Coinmint. The chipmaker was awarded $14M. In February, a…
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SWIFT Unveiling a New CBDC by 2025
SWIFT, an international bank messaging network, is planning a new platform in the next 12 to 24 months to link…
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HSBC Unveils Tokenized Gold Targeting Hong Kong-based Retail Customers
HSBC is responding positively to the Hong Kong government’s call for public access to digital assets by unveiling tokenized gold…
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Lawsuit Targets Binance For Supporting Hamas And Islamic Jihad Funding
Binance in Lawsuit Dilemma Over Hamas Funding Allegations Victims of the October 7 massacre have taken leading cryptocurrency platform Binance…
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FinCEN Investigates $165M Crypto Transactions With Hamas’ Links
$165M Crypto Transactions Allegedly Linked to Hamas To address illicit financing through cryptocurrency, the US Treasury Department, led by Deputy…
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SEC Preserving Arguments in Existing Legal Actions to Deny Spot Ethereum ETFs
Finance attorney and general partner at Van Buren Capital Scott Johnsson has, in a Friday, March 22 reflection, argued that…
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Crypto Exchange OKX Suspends Its Services in India Due to Regulatory Issues
Indian regulators are cracking down on the local cryptocurrency sector by introducing stricter regulations. It is reported that OKX exchange…
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FTX Insolvency Lead Disapproves Bankman-Fried’s Unrealistic Defence Citing Bitcoins Missing
The famous insolvency lawyer tapped to guide the demolition of FTX, a fallen crypto exchange, claimed that those affected are…
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IcomTech Former Promoters Convicted for Wire Fraud
In a recent publication, the Office of Attorney of the Southern District of New York took decisive action to bring…
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Nigerian SEC to Increase Registration Fee for Cryptocurrency Exchanges
Nigerian SEC has increased fees for cryptocurrency exchanges applying for registration. The regulator recently updated their guidelines noting that custodial…
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Hong Kong Launches Phase 2 of CBDC Testing
The Central Bank of Hong Kong is set to accept proposals regarding innovative use cases for the Hong Kong dollar.…
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