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Binance Halts Registration of New UK Users Amid Regulatory Compliance
October 16, 2023
In response to the United Kingdom's Financial Promotions Regime that became effective on October 8, 2023, Binance, a leading cryptocurrency exchange, has announced the halt in the registration of new …
Read moreFTX Liquidators Stake $150M Worth in Ethereum and Solana Amidst Ongoing Founder Trial
October 16, 2023
According to recent on-chain data, FTX liquidators have staked a substantial portion of their Ethereum (ETH) and Solana (SOL) holdings over the weekend. The bankrupt crypto exchange stakes around $30 …
Read moreBitcoin Soars Close to $28,000 amid Market Liquidations and ETF Prospects
October 16, 2023
Bitcoin experienced a substantial price surge of over 2.5% in the last 24 hours, coming close to an impressive $28,000 mark. This surge has sparked significant ripples in the broader …
Read moreGrayscale Ready to Convert GBTC Into ETF as US SEC Approval Nears
October 16, 2023
Investment group Grayscale has announced its readiness to transform its Bitcoin Trust (GBTC) into an Exchange-Traded Fund (ETF) immediately after obtaining approval from the US Securities and Exchange Commission (SEC).This …
Read moreAustralia and Singapore Tighten Crypto Regulations
October 16, 2023
Australia and Singapore have been progressing with instituting tighter regulations on cryptocurrency exchanges. The Australian government aims to introduce new regulations requiring crypto exchanges to obtain a financial services license, …
Read moreFTX Founder, Sam Bankman-Fried, Struggles To Concentrate During Trial, Lawyers Seek ADHD Medication Approval
October 16, 2023
Sam Bankman-Fried, the brains behind the crypto exchange platform FTX, has been caught in the eye of a legal storm. Following his struggle to maintain focus during his ongoing criminal …
Read moreLearn Concept: Comprehensive Cryptocurrency Regulation and Its Impact
October 16, 2023
California's recent decision to introduce the Digital Financial Assets Law adds a new dimension to the crypto regulation landscape. This law enforces stricter rules for cryptocurrency businesses within the state …
Read moreCalifornia to Introduce Strict Crypto Regulatory Framework in 2025
October 15, 2023
California Governor has approved a comprehensive cryptocurrency regulation bill, the Digital Financial Assets Law, that mandates stricter guidelines for crypto businesses set to take effect in July 2025. The bill …
Read moreLearn Concept: The Implications of BlockFi's Bankruptcy and Relations with FTX and Alameda Research
October 15, 2023
The recent trial against FTX co-founder, Sam Bankman-Fried, has opened up discussions on the intricate relationship between crypto platforms like BlockFi, FTX, and Alameda Research. BlockFi's bankruptcy exposed significant financial …
Read moreFTX Estate Stakes Massive Amount in Solana Amid Market Fears
October 14, 2023
The FTX estate, managed by a bankruptcy trustee, demonstrated a significant bullish enthusiasm for the Solana network. It staked over 5.5 million SOL tokens worth $122 million. This transaction, which …
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