Day: 30 October 2024

A 16-year-old boy from east London has been reportedly charged with terrorism-related offences for allegedly fundraising cryptocurrency on behalf of the terrorist group Al Qaeda. During a court hearing at Westminster Magistrates' Court on Wednesday, October 30, the teenager was accused of offering his expertise in digital currency and cybersecurity ...

Japanese crypto exchange BitPoint has listed memecoin, $PEPE, on its trading platform. Notably, the cryptocurrency, which was inspired by the well-known "PEPE the Frog" meme launched in 2023, has quickly gained traction. It now ranks 24th in market capitalization, according to data from CoinMarketCap. In X post on October 30, ...

Taiwan’s Financial Supervisory Commission is set to introduce a registration system for crypto exchanges on November 30, earlier than anticipated. This move represents a significant advancement in regulating the rapidly growing crypto industry, according to local news source Anue Juheng. Speaking to the press after a recent session with the ...

Some projects slip through the cracks, leaving potential investors regretting missed opportunities. One such case is Injective Protocol, a project that had humble beginnings but skyrocketed in value, rewarding those who believed in its vision early on. For those kicking themselves for missing out on Injective, there's a new contender ...

UK-based finance brokerage GCEX has partnered with RULEMATCH, a Swiss cryptocurrency trading venue, to offer its institutional clients ultra-low latency spot cryptocurrency trading. Through this partnership, GCEX will function as a digital prime broker, offering hedge funds, brokers, and ETF/ETP providers access to RULEMATCH's central-limit order book (CLOB) quotes, anonymous ...

Thai immigration officials have uncovered a cross-border cryptocurrency scam that defrauded a local woman of more than $620,000.  As reported by the local news outlet Khaosod, five suspects have been arrested in connection with the scheme. These individuals, hailing from Cambodia, Myanmar, and Thailand, allegedly created a fraudulent investment group ...

Hong Kong-based stablecoin issuer IDA has entered into a strategic partnership with Zand Bank, the UAE's first fully licensed digital bank, to enable efficient, cost-effective cross-border transactions across Belt and Road regions and BRICS Plus countries. According to a recent press release, this partnership will provide businesses with streamlined, 24/7 ...

The U.S. Treasury Department has described cryptocurrencies as more of a consumer risk than a tool for advancing financial accessibility in its National Strategy for Financial Inclusion unveiled on October 29. The Department developed the strategy document in response to a Congressional mandate, and it seeks to expand Americans' access ...

Florida’s Chief Financial Officer, Jimmy Patronis, has called on the state’s retirement fund manager to explore the potential benefits of investing in Bitcoin. In an open letter to Chris Spencer, the executive director of Florida’s State Board of Administration (SBA), Patronis described Bitcoin as “digital gold” with the potential to ...

Coinbase users in the U.S. and Europe can now fund their accounts instantly using eligible Visa debit cards, thanks to a new partnership with Visa announced on October 29.  This integration leverages the “Visa Direct” feature and enables Coinbase customers to make real-time deposits into their trading accounts. Additionally, Visa ...