Author: Chris Smith
SEC Approves Bitcoin and Ethereum Crypto Index ETFs
Reading Time: < 1 minuteThe SEC has given its approval for the launch of combined Bitcoin and Ethereum ETFs by Hashdex and Franklin Templeton.
Nigerian SEC Introduces Stricter Crypto Rules
Reading Time: < 1 minuteThe Nigerian Securities and Exchange Commission (SEC) has recently updated its regulations concerning cryptocurrencies, specifically targeting the marketing of crypto products and services by virtual asset service providers (VASPs) and social media influencers.
Binance is Sued by Australian Regulator
Reading Time: < 1 minuteASIC has taken legal action against Binance Australia Derivatives, a crypto derivatives trading platform, for failing to comply with consumer protection laws.
Judge Won’t Stop Coinbase’s wBTC Delisting
Reading Time: < 1 minuteIn a hearing on December 18, a federal judge in the United States District Court for the Northern District of California ruled in favor of Coinbase in a lawsuit filed by BiT Global.
Stablecoins Explained
Reading Time: < 1 minuteStablecoins are cryptocurrencies designed to maintain a stable value by linking their market value to an external reference.
Bitfinex Analysts: Bitcoin May Reach $200,000 in 2025
Reading Time: < 1 minuteBitfinex analysts have stated their minimum price target for Bitcoin remains between $140,000 and $200,000 around mid-2025.
UK’s Regulator Seeks Public Comment on Crypto Regulations
Reading Time: < 1 minuteThe Financial Conduct Authority of the United Kingdom is asking for the public’s opinion on its proposed strategies for enhancing the transparency of the nation’s crypto markets.
Kraken and BitGo to Distribute First FTX Payments to Creditors
Reading Time: < 1 minuteFTX’s debtors have announced that a reorganization plan, allowing for repayment to customers, will come into effect on January 3.
OpenSea to Hold Airdrop Following Cayman Islands Registration
Reading Time: < 1 minuteFollowing its registration in the Cayman Islands, OpenSea has sparked speculation among the community about a potential token launch and user airdrop.
BiT Global Sues Coinbase Over wBTC Delisting
Reading Time: < 1 minuteJustin Sun’s company BiT Global, which recently became a major stakeholder in the wBTC ecosystem, is taking legal action against the crypto exchange behemoth Coinbase.
Bank of England Demands Companies to Disclose Their Crypto Exposure
Reading Time: < 1 minuteThe Prudential Regulation Authority (PRA), the regulatory arm of the Bank of England, has recently issued a directive that requires businesses to disclose their current and anticipated exposure to crypto assets by March 2025.
Australia May Introduce A Stricter Crypto Regulation
Reading Time: < 1 minuteAustralia has suggested more stringent measures to combat financial crime through the implementation of stricter Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) rules.
Hong Kong Accelerates Crypto Licensing to Become Global Hub
Reading Time: < 1 minuteHong Kong is taking steps to expedite the approval process for cryptocurrency trading platforms as it aims to become a leading global hub for the crypto industry.
Travala Unveils a Bitcoin and AVA Reserve
Reading Time: < 1 minuteCryptocurrency-oriented travel agency Travala has announced plans to launch a dedicated reserve for Bitcoin and its native token Ava.
Circle and Binance Join Forces to Drive Global USDC Adoption
Reading Time: < 1 minuteTwo leaders in the crypto industry, Circle Internet Group Inc. and Binance, have formed a new partnership to promote the use of USDC and support the growth of the global digital assets and financial services ecosystem.
Bitoasis Wins License in Dubai
Reading Time: < 1 minuteBitOasis has successfully obtained its Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA).
Weekly Inflows into Crypto ETPs Reach $3.85B
Reading Time: < 1 minuteAs Bitcoin surged past $100,000 for the first time, investment products related to the cryptocurrency saw record inflows of $3.85 billion during the trading week of Dec. 2–6.
FSOC Says Stablecoins Must Be Regulated
Reading Time: < 1 minuteThe US Financial Services Oversight Council has urged the government to create regulations for the issuance of stablecoins, citing potential risks to the financial system.
Crypto Exchange GRVT Wins a License in Bermuda
Reading Time: < 1 minuteThe latest industry company to receive regulatory approval from the Bermuda Monetary Authority (BMA) is hybrid cryptocurrency exchange GRVT.
Trump Appoints ex-PayPal COO as Crypto Czar
Reading Time: < 1 minuteDavid Sacks, a former Chief Operating Officer of PayPal, has been chosen as the United States’ first artificial intelligence and crypto czar, a new position established by President-elect Donald Trump.
MicroStrategy’s Bitcoin-related Profit Reaches $17B
Reading Time: < 1 minuteMicroStrategy has accumulated over $17 billion in unrealized profits through its Bitcoin buying spree.
Mt. Gox Transfers $2.4B in Bitcoin to a New Wallet
Reading Time: < 1 minuteBankrupt cryptocurrency exchange Mt. Gox recently transferred 24,051.75 BTC, equivalent to approximately $2.4 billion, to an unidentified wallet address.
Bitcoin Exceeds $100,000
Reading Time: < 1 minuteThe value of Bitcoin soared to a historic $100,000 milestone, marking a significant achievement for the cryptocurrency market after a year of remarkable growth.
21X Approved to Launch a Regulated Asset Tokenization Platform
Reading Time: < 1 minute21X, a German fintech company, has made history by becoming the first entity to receive a license from the European Union to operate a fully blockchain-based trading platform.
Bitget Launches a New Exchange in Vietnam
Reading Time: < 1 minuteCryptocurrency exchange Bitget has announced the launch of BitEXC, a new trading platform specifically designed for the Vietnamese market.