Terraform and Do Kwon's legal representatives have submitted additional documents in their bid to dismiss the complaint against their clients. However, the United States Securities and Exchange Commission (SEC) attorneys argued that these documents were insufficient to justify the...
Ripple has announced a collaboration with Banco de la República, Colombia's central bank, to explore the potential applications of blockchain technology in the country and enhance its payment system. According to Ripple's press release, the Colombian Apex Bank will...
Bankrupt cryptocurrency lender, Celsius, has submitted an updated bankruptcy filing and is court seeking clearance for its reorganization plan from a bankruptcy court in New York. Celsius will be selling all altcoins from all customers (except Custody and Withhold...
Valour Inc. has introduced its first physically supported digital asset offering called 1Valour Bitcoin Physical Carbon Neutral ETP. The product will be launched through Valour's secure digital asset platform, Valour Digital Securities Limited (VDSL). According to the company's press...
ByBit has integrated artificial intelligence (AI) into its product offerings in a bid to offer users a range of innovative trading tools for better experiences during cryptocurrency trading. The Dubai-based cryptocurrency exchange recently announced ToolsGPT, a platform that combines...
Sam Bankman-Fried, the co-founder of FTX, will face the original eight counts brought against him by American prosecutors in his criminal case, according to court documents filed on June 14, 2023. The U.S. Department of Justice (DoJ) prosecutors informed...
Hong Kong's Monetary Authority (HKMA), the central bank and regulator of the region, is reportedly urging major banks like HSBC and Standard Chartered to reconsider their reluctance to accept cryptocurrency exchanges as clients. According to a report by Financial...
OKX has obtained a Minimal Viable Product (MVP) Preparatory License from the Dubai Virtual Assets Regulatory Authority (VARA), according to a press release by the firm. The MVP preparatory licence enables the Seychelles-based crypto exchange to fulfill the necessary...
The European Union (EU) has taken a significant step towards regulating artificial intelligence (AI) with the passage of the draft legislation known as the A.I. Act by the European Parliament. This milestone bill, which aims to impose limitations on...
Amber Group has reaffirmed its commitment to ensuring uninterrupted on/off ramp services for its clients amidst the challenges posed by the US banking crisis and increased regulations. In a recent press release, digital wealth management and crypto liquidity solutions...
