Changpeng Zhao, Binance’co-founder, has announced his resignation as the CEO of the prominent cryptocurrency exchange. In a lengthy statement on X (formerly Twitter), Zhao acknowledged the difficulty of the decision but noted that it was "the right thing...
Celsius Network announced plans on Monday, November 20, 2023, to pivot its operations and establish a new publicly traded Bitcoin mining company that will be owned by its customers. This decision follows feedback from the Securities and Exchange...
Binance may reportedly shell out a settlement fine of over $4 billion to the United States Department of Justice (DOJ) to resolve a lengthy investigation into its alleged violation of American anti-money laundering laws and involvement in evading...
BlackRock, the world's largest asset manager, has reportedly filed for a spot Ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), today, November 16, 2023. This application comes exactly a week after it submitted the...
Popular stablecoin issuer Paxos is set to introduce a new U.S. dollar-backed stablecoin in Singapore, marking a significant step in its global expansion strategy. In an official statement released on November 15, 2023, Paxos revealed that it obtained...
Umar Farooq, JPMorgan's Global Head of Financial Institution Payments, has projected that the bank's premier flagship digital asset, JPM Coin, will soon start processing daily transactions of over $ 10 billion within the next one or two years....
According to IMF Managing Director Kristalina Georgieva, artificial intelligence (AI) has the potential to amplify the benefits of central bank digital currencies (CBDCs). Speaking at the ongoing Singapore FinTech Festival at Tampines on Wednesday, November 15, 2023, the...
A new study commissioned by the top French financial regulator, the Financial Markets Authority (AMF), has highlighted a substantial uptick in cryptocurrency investments among French retail investors. The study, which was based on a survey of over 8,000...
Crypto.com has obtained a VASP License from Dubai's VARA and is proceeding to the final stage of regulatory approval for virtual asset services in the region. The crypto exchange announced this development in an official statement published on...
Bitget has decided to permanently exit the Hong Kong market just seven months after establishing a dedicated regional division. In an official statement released on November 13, 2023, the crypto exchange disclosed that its Hong Kong division, BitgetX,...
