Crypto

South Africa’s Financial Sector Conduct Authority (FCSA) is exploring a new rule for bitcoin enterprises. Companies with international headquarters may need to establish a local office within the country. This idea comes after a Crypto Asset Market Study indicated that 10% of South African crypto enterprises are headquartered abroad. 🚨South Africa May Force Crypto Firms […]

An Ethereum whale, dormant for five years, made a notable return by depositing $87.5 million worth of ETH on the Kraken exchange this Monday, according to data from Lookonchain. The whale had previously received 47,260 ETH valued at $11.34 million between June and August 2017. It sold 8,000 ETH in the following year and has […]

The United States Securities and Exchange Commission (SEC) has delayed its verdict on the proposed Grayscale Ethereum Trust exchange-traded fund (ETF). This move, announced on December 5, grants the SEC additional time to assess a rule change allowing NYSE Arca to list and trade the Grayscale Ethereum Trust shares. They have set a new deadline […]

Bitcoin’s recent surge beyond $42,000 ignites discussions about a potential supercycle, with enthusiasts eyeing a lofty $500,000 target. According to a Monday report from Bloomberg, this surge has caught the attention of both Wall Street and the digital assets community, signaling a new monetary order. Moreover, throughout the industry, experts have offered a wide spectrum […]

El Salvador’s President, Nayib Bukele, proudly announced substantial profits from the country’s Bitcoin investment, defying earlier criticism. In a recent X (formerly Twitter) post, Bukele shared a promising update on El Salvador’s crypto venture, solidifying its position as a trailblazer in cryptocurrency adoption. El Salvador's #Bitcoin investments are in the black! After literally thousands of […]

Financial regulators in South Korea have opened a window for people to come forward. They can report any unlicensed operational crypto exchanges in the country. Furthermore, on December 4, South Korea’s financial regulators issued an updated statement. They called on users to report any unlicensed cryptocurrency exchanges offering services to users within the region. The […]

Solana co-founder Anatoly Yakovenko has expressed a new view on Solana vs. Ethereum. He succinctly advocated the crypto community avoid discussing platforms that purport “to kill Ethereum.” Yakovenko further stated that Solana’s victory does not have to be at the expense of Ethereum; rather, they can coexist in harmony and prosper in equal measures. He […]

The legal saga involving DEBT Box and the SEC has taken a dramatic turn, as Judge Robert Shelby promptly warns SEC lawyers. The $50 million case revolves around allegations of DEBT Box deceiving investors through the sale of unregistered securities. It has unveiled surprising discrepancies. Led by attorney Michael Welsh, the SEC initially persuaded the […]

London-based crypto trading and custody firm Copper plans to start offering tokenized securities in the United Arab Emirates early next year, the company announced on Nov. 29. Led by ex-British Chancellor Phillip Hammond, the company expects to capitalize on institutional investors’ demand. Copper Securities, the company’s new arm, is set to launch the service first […]