Crypto

PayPal’s venture arm recently invested in a digital assets startup. There’s nothing unusual about that. However, for one thing, the payments giant used its PYUSD stablecoin, launched last August, for $5 million of its investment. Among stablecoin investments, the chosen domain focus is Mesh, a startup founded by cybersecurity veterans who sold their first venture […]

Hong Kong has reportedly received its first application for a spot Bitcoin (BTC) exchange-traded fund (ETF) just two weeks after the United States Securities and Exchange Commission approved the first spot BTC ETF in the US. According to a Jan. 29 Tencent report, the Hong Kong branch of Harvest Fund Management, a major Chinese asset […]

The United States is slowly developing central bank digital currencies, which risks the country falling behind China, India, and the European Union in determining the future of money, according to a warning from the think tank The Atlantic Council. Global Advances in Digital Currencies China has increased work on its digital yuan over the past […]

UK Supreme Court denies Craig Wright’s plea for an appeal in his libel case against podcaster Peter McCormack. Wright, who asserts he is Satoshi Nakamoto, the mastermind behind Bitcoin, took legal action against McCormack for disputing his Nakamoto identity. The court’s decision in July awarded Wright a symbolic 1-pound compensation, a verdict that withstood two […]

Bitwise, an asset management firm, received significant BTC contributions and praise from the crypto community following the public disclosure of its Bitcoin ETF Trust (BITB) on-chain address. The move, announced on Jan. 24, made Bitwise the first of the 10 spot Bitcoin ETF issuers to share its holdings’ addresses publicly. According to the company, this […]

Binance faced the SEC in Washington, DC, for a four-hour hearing on Monday. The exchange sought to dismiss charges made against it, its US sector, and former CEO Changpeng Zhao last summer. The US Securities and Exchange Commission again seeks a federal judge to support its claim to regulate the cryptocurrency industry. Judge’s Controversy & […]

Johnny Ng, a Hong Kong lawmaker leading in the crypto field, took to the social media handle and expressed his opinion on spot Bitcoin-based ETFs getting a nod in the United States. In a recent X post, he expressed that Hong Kong should also take the initiative and lead this area. The Bitcoin conference, the […]

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is gearing up to expand into the French market significantly. The platform recently achieved a milestone by securing registration as a Digital Asset Service Provider (DASP) from the Autorité des Marchés Financiers (AMF), France’s highly esteemed financial markets regulator. 🇫🇷 Salut! We are thrilled to […]

The European Council and Parliament have reached a provisional agreement broadening the reach of the European Union’s Anti-Money Laundering (AML) and Counter-Terrorist Financing law during landmark cases to combat fears relating to money laundering and counter-terrorism financing within the flourishing virtual currency market. This move closely follows the EU banking watchdog, which recently extended AML […]