The UK Treasury has officially updated its regulations, confirming that crypto staking will no longer be classified as a Collective Investment Scheme (CIS) under the Financial Services and Markets Act 2000. Effective January 31, this change aims to...
Kraken is stepping up to assist former FTX clients by offering trading incentives as part of the fund distribution process following FTX's collapse. Eligible users who choose the crypto exchange to receive their payout will gain access to...
A growing number of financial advisors recognize the potential of cryptocurrency investments, yet many clients are left to navigate the market independently due to access barriers. A recent survey conducted by Bitwise Asset Management and ETF data provider...
The U.S. Department of Justice (DOJ) plans to sell 69,370 Bitcoin (BTC), valued at over $6.5 billion, seized from the Silk Road darknet marketplace. This decision comes after a court ruling on December 30, which concluded a lengthy...
Standard Chartered, the British multinational financial institution, announced that it had obtained a license to enhance its global digital asset offerings and provide cryptocurrency custody services to clients within the European Union from its base in Luxembourg. Laurent...
Mastercard has launched its Crypto Credential solution in the EEMEA region, beginning with the UAE and Kazakhstan. This initiative aims to enhance the accessibility and security of cryptocurrency transfers, marking Mastercard's entry into this market. The Crypto Credential...
Backpack Exchange has issued a statement addressing confusion surrounding its acquisition of FTX EU, following conflicting claims from the FTX estate and growing concerns about customer fund responsibility. The FTX estate recently claimed that "100% of the share...
Oklahoma State Senator Dusty Deevers has introduced a bill to establish Bitcoin as a mainstream financial option in the state. The proposed legislation, titled the Bitcoin Freedom Act (SB325), seeks to allow residents in Oklahoma to opt for...
Orange Finance, a major liquidity management protocol on the Arbitrum network, has suffered a significant breach, losing over $840,000. The team disclosed the hack on January 8 through a post on X, urging users to refrain from interacting...
Kazakhstan's financial regulator, the Agency for Financial Monitoring of the Republic of Kazakhstan (AFM RK), has intensified its efforts to combat illegal cryptocurrency activities. In collaboration with the National Security Committee and the Ministry of Culture and Information,...
