Crypto exchange Kraken, one of the largest in the world, is moving forward with its plan to expand to new territory. A recent decision by Dutch regulatory bodies will accelerate this process. BTC’s price trends to the upside on the daily chart. Source: BTCUSDT on Tradingview Kraken Advances in Europe: Secures Dutch VASP Registration According […]
In a significant crackdown on crypto-related crime, the U.S. Department of Justice announced charges against Aliaksandr Klimenka, a 42-year-old Belarusian and Cyprus national. Unsealed indictments reveal Klimenka’s alleged involvement in a money laundering conspiracy and the operation of BTC-e, an unlicensed digital currency exchange, alongside Alexander Vinnik and other associates from 2011 to July 2017. […]
In 2021, the COVID-19 pandemic pushed the world government to inject liquidity, positively impacting Bitcoin and legacy markets. Today, the financial world might be on the cusp of experiencing a similar capital injection, potentially setting the stage for a crypto bull run. China’s Play Could Benefit Bitcoin And Crypto Prices According to a report from […]
In the post-spot Bitcoin ETF (Exchange Traded Fund) landscape, players in the nascent sector are beginning to shuffle their cards to gain an edge. Their strategies are aimed at taking direct market share of the industry or using an indirect approach. BTC’s price trends to the upside on the daily chart. Source: BTCUSDT on Tradingview […]
As the U.S. Securities and Exchange Commission (SEC) nears its decision on the approval of spot bitcoin exchange-traded funds (ETFs), asset managers, including industry giants like BlackRock, Ark Investments, and 21Shares, are on high alert, according to Reuters. Financial Titans Unshaken By Bitcoin ETF False Report As Bitcoinist reported yesterday, the US Securities and Exchange […]
In a striking display of financial muscle, cryptocurrency companies, such as Ripple and Coinbase, and investors have collectively contributed $78 million to super Political Action Committees (PACs) focused on shaping the 2024 US elections. This substantial sum underscores the crypto industry’s intensified efforts to sway political tides favoring digital asset-friendly policies. Ripple And Others Rally […]
In a twist that signals a potential appeal, Sam Bankman-Fried, known as SBF, the embattled former CEO of FTX, has chosen not to file any post-trial motions. This decision revealed through a letter to Judge Lewis Kaplan on December 1st, marks a significant turn in his legal strategy following his conviction on multiple federal fraud […]
In a striking revelation reported by Bloomberg, Binance, the world’s largest crypto exchange, discretely previewed its impending $4.3 billion settlement with US authorities to its VIP traders. Behind Closed Doors: Binance’s VIPs Get Early Warning This exclusive disclosure occurred in September, two months before the official settlement, during a private dinner in Singapore amidst a […]
A report from news outlet Reuters indicates increasing oversight by Israeli authorities on transactions on TRON. The report comes amid backlash from the crypto community due to mainstream media outlets trying to link crypto to illegal activity. BTC’s price trends to the upside on the daily chart. Source: BTCUSDT on Tradingview Israel Intensifies Crackdown On […]
The Do Kwon, founder of failed crypto ecosystem Terra, saga is just getting started as a court in Montenegro recently approved his extradition. The founder could face justice in his home country and the courts of the United States. Multi-Country Legal Battle: Montenegro To Surrender Do Kwon? The High Court in Podgorica, Montenegro, has confirmed […]
Over the past two years, the Asian region has been racing to launch Central Bank Digital Currencies (CBDC), and the Digital Won is the latest to enter a critical stage, per a recent report. Bank of Korea Partners with Financial Authorities For Digital Currency Trial In an effort to embrace digital currency, South Korea is […]
Yesterday, the US Securities and Exchange Commission (SEC) filed another lawsuit against the crypto exchange Kraken. The second lawsuit in under a year, the legal action has been rejected by key figures in the crypto industry, including a founding member of the company. Jesse Powell Criticizes SEC’s Repeat Actions, Foresees Regulatory Struggles Jesse Powell, Kraken’s […]