U.S. asset managers are planning to launch Bitcoin exchange-traded funds (ETFs) that utilize derivatives to reduce the price volatility of digital assets. This initiative aims to make cryptocurrency more appealing to risk-averse investors. According to a report by Financial...
SBI VC Trade, the cryptocurrency exchange division of Japan's SBI Holdings, has agreed to acquire all customer accounts and assets from DMM Bitcoin, a cryptocurrency trading platform based in Tokyo. The agreement, announced in a statement by SBI VC...
Changpeng ‘CZ’ Zhao, the former CEO of Binance, has expressed no intention of returning to the role despite receiving support from the crypto community following a suggestion for a pardon. On December 2, CZ responded to a post by...
Cardano (ADA), a prominent name in the cryptocurrency space, has captured the spotlight once again, with market analyst Lark Davis predicting a meteoric rise to $10 in the current bull cycle. Such a leap would mark an astonishing 817%...
In a significant legal development, the Federal High Court in Abuja has unfrozen six bank accounts previously tied to alleged illicit cryptocurrency dealings. The accounts, totaling N89.48 million, were initially frozen by the Economic and Financial Crimes Commission (EFCC)...
Brazil’s Central Bank (BCB) has introduced a proposal that could dramatically alter how stablecoins are used in the country’s thriving crypto market. Announced on November 29, the draft regulation aims to ban the transfer of foreign-backed stablecoins, like USD-pegged...
The UK Court of Appeal has definitively dismissed Craig Wright’s latest attempt to assert himself as the creator of Bitcoin. The ruling, delivered on November 28, reaffirmed an earlier decision by the High Court, which found Wright’s evidence insufficient...
Russia is on the brink of implementing a sweeping cryptocurrency taxation framework after the Federation Council approved a federal bill on November 27, following its earlier passage in the State Duma. Now awaiting President Vladimir Putin’s signature, the legislation...
Dubai will become the new operational hub for Deribit, a leading crypto options trading platform, as it prepares to launch spot and derivatives trading in the United Arab Emirates (UAE) on January 1, 2025. In a recent press release,...
Blockchain-based ID project World, formerly known as Worldcoin, has launched a pilot program for its World ID Passport Credential, a feature aimed at improving accessibility to the World Network and its native token, WLD. The new World ID Passport...
