Hong Kong is intensifying discussions on updating its cryptocurrency regulations to stay current with the fast-changing global industry. A proposal presented during the Legislative Council meeting on December 11 highlights the urgency for the city to adapt to...
Binance announced a groundbreaking partnership with Circle Internet Group, the issuer of the USDC stablecoin, in a press release at the Abu Dhabi Finance Week on December 11. This collaboration aims to enhance the global adoption of USDC...
Kyrgyzstan is moving forward with its central bank digital currency (CBDC), the digital som, as Parliament has approved a draft law establishing its legal framework. The National Bank of Kyrgyzstan will oversee the project, with prototype testing set...
Riot Platforms, a leading player in Bitcoin infrastructure, has acquired 705 Bitcoins for about $68.45 million in a transaction completed earlier today, according to data from Arkham Intelligence. The transaction involved $68.26 million worth of Bitcoin, distributed across...
Gemini Foundation, the derivatives-focused subsidiary of the Gemini crypto exchange, has expanded its offerings by launching a new perpetual contract for Shiba Inu (SHIB). The platform announced the update via a blog post, highlighting that the new product...
The rise of crypto scams on X has reached alarming levels, with impersonation accounts surging to over 300 daily, marking an 87% increase from the November average of 160, according to blockchain analysts. On December 10, Scam Sniffer,...
Zettai Pte Ltd, the parent company of WazirX, has filed an application with the Singapore High Court seeking approval to convene a meeting with creditors to vote on a proposed Scheme of Arrangement. The move marks a significant...
Crypto Man, a highly anticipated South Korean film, is set to hit theatres on January 15, 2025. The movie, inspired by real events surrounding a $34.9 billion cryptocurrency market collapse, explores the societal and financial fallout of the...
Russia has joined the growing list of nations considering Bitcoin as a strategic reserve asset. Anton Tkachev, a member of the Russian State Legislative Chamber, Duma, from the New People party, has formally proposed that the finance ministry...
Dubai-based crypto exchange BitOasis reached a significant regulatory milestone by obtaining a full Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA). The exchange revealed this in an announcement on December 9. The license...
