Digital asset management firm Grayscale has achieved a significant legal victory over the United States Securities and Exchange Commission (SEC) in its pursuit to transform its Grayscale Bitcoin Trust (GBTC) into a publicly traded Bitcoin exchange-traded fund (ETF)....
Digital Currency Group (DCG) has reached an agreement with the creditors of its cryptocurrency lending firm, Genesis. As per court documents submitted on August 29, 2023, if the court approves the agreement, unsecured creditors could expect to recover...
Binance.US has announced that it has now designated USDT as the "base asset" for all its transactions in line with its transition to a crypto-only exchange. As a result, its users will have to convert their deposited U.S....
Cheongju, the capital city of South Korea's North Chungcheong province, has revealed its plans to seize cryptocurrency assets from individuals evading local taxes. According to a local report from Yonhap on August 22, 2023, Cheongju's municipal authorities have...
Valour, a subsidiary of DeFi Technologies and an exchange-traded products (ETPs) issuer, has introduced a new product, the 1Valour Ethereum Physical Staking ETP. This product is one of its new investment products designed to provide easy access to...
The Philippine National Police Anti-Cybercrime Group (PNP ACG) has issued a warning alert about the dangers associated with cryptocurrency-based gaming schemes. The Philippine authorities urged its citizens to maintain vigilance against the diverse tactics employed to extract funds...
Europe has now made history with the launch of Jacobi Asset Management's Jacobi FT Wilshire Bitcoin ETF. The eagerly anticipated ETF began trading on the Euronext Amsterdam stock exchange on August 15, 2023, and it is the continent's...
The Monetary Authority of Singapore has released the final draft of its regulatory framework for stablecoins. The updated framework, published on August 15, 2023, targets stablecoins pegged to the Singapore dollar or any major G10 currencies such as...
On August 7, 2023, PayPal marked a significant milestone with its foray into the cryptocurrency sector. The renowned global digital payment firm launched its inaugural cryptocurrency product, the PayPal USD (PYUSD) stablecoin, backed by a blend of US...
Visa is making significant strides in an experiment that could change how we handle on-chain gas fees. The global payment solutions provider is exploring a new way to pay these fees using Visa cards. In a recently published...
