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UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance
21.9.2023
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter
Near Foundation CEO Marieke Flement resigns
21.9.2023
The Near Foundation treasury grew to $350 million under Flament's tenure
Tether 2023 stablecoin loans rise despite size-down announcement in 2022
21.9.2023
Tether said the new loans were made on request of some of their long-standing partners and they plan to cut it down to zero by 2024
South Koreans Report Over $98 Billion in Overseas Crypto Assets
21.9.2023
South Korean tax payers have declared some 131 trillion won (more than $98 billion) of crypto holdings in overseas accounts this year. The amount was announced by the country’s tax agency and it comes after the authorities in Seoul imposed a mandatory reporting requirement for financial assets held...
Busan is developing an Ethereum-compatible mainnet to become a 'Blockchain City'
21.9.2023
The city administration behind the project aims to make Busan a blockchain city and has launched a $75 million development plan to realize the goal
Best Crypto to Buy Now September 20 – XDC Network, Kaspa, Toncoin
20.9.2023
Following a major security breach that compromised $70 million in crypto assets last week, Hong Kong-based exchange CoinEx has begun gradually resuming withdrawals and deposits on its platform.
CoinEx anticipates the complete restoration of its wallet system by tomorrow, September 21.
With CoinEx...
Troubled crypto exchange JPEX applies for deregistration in Australia
20.9.2023
The unlicensed exchange allegedly solicited than $128 million from users before being reprimanded by the Hong Kong Securities and Futures Commission
Discord crypto trading bot shuts down after 'critical exploit'
20.9.2023
The bot was valued at $16.5 million during its token debut last month
Grayscale files for new Ether Futures ETF: Official
20.9.2023
Grayscale debuted its first two Ethereum futures contracts in 2021, and is now planning to launch the new Grayscale Ethereum Futures Trust ETF
Grayscale officially abandons post-Merge PoW Ethereum tokens
20.9.2023
One year after the Ethereum Merge, Grayscale has finally taken a decision to abandon all the rights to proof-of-work Ethereum tokens
Crypto makes up 70% of South Korean overseas assets: National Tax Service
20.9.2023
1,432 individuals and corporations in South Korea have reported holding $98 million in crypto overseas, which is 70% of all reported assets
New York Shrinks List of Pre-Approved Crypto — DOGE, XRP Among Coins Removed
20.9.2023
New York’s financial regulator has significantly reduced the number of pre-approved cryptocurrencies that licensed crypto trading platforms can list. XRP, dogecoin, litecoin, and ethereum classic are among the coins removed from the Greenlist. The regulator also proposed new crypto guidance...
Chamber of Digital Commerce launches Digital Power Network miners’ coalition
19.9.2023
The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain
Interest rate hikes may pause very soon — Here’s why
19.9.2023
This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused
Bitcoin Adoption Fund launched by Japan’s $500B Nomura bank
19.9.2023
The Bitcoin Adoption fund will have long-only exposure to Bitcoin and be available to institutional investors
UK House of Lords passes bill to seize stolen crypto
19.9.2023
During the bill's review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes
From MATIC to POL: Polygon’s 2.0 Upgrade Targets Internet-Level Scalability
19.9.2023
Details have been released about Polygon’s upcoming upgrade, Polygon 2.0. The company, known for its Ethereum scaling solutions, has introduced a few Polygon improvement proposals (PIPs) as part of its shift to a network of interconnected zero-knowledge-powered chains. Polygon 2.0 Unveiled in...
South Korean Authorities Take Aim at Unregulated Crypto OTC Desks Amid Money Laundering Concerns
19.9.2023
South Korean prosecutors and regulators are directing their attention toward reported issues concerning unregulated cryptocurrency-based over-the-counter (OTC) trading and deposit enterprises. During the third annual prosecutors’ conference, officials proposed the necessity for enhanced...
Users on Ethereum’s Decentralized Polymarket Speculate on Biden’s Impeachment
19.9.2023
After the Republican House of Representatives speaker, Kevin McCarthy, directed the House to open an impeachment inquiry into Joe Biden, bettors on the cryptocurrency-powered Polymarket platform have started placing bets on whether Biden will be impeached by two specific dates. Currently, bettors...
SEC embroiled in court cases; Hester Peirce says crypto firms shouldn’t give up on US
18.9.2023
The commissioner said she had seen awareness and knowledge of digital assets grow in her five years at the SEC, but largely, there was “more of the same” on enforcement actions