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Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab


On January 15, the public was made aware of a deal between the firm Coinlab Inc., the Mt Gox bankruptcy trustee, Nobuaki Kobayashi, alongside MGIFLP, a subsidiary of Fortress Investment Group. According to the proposal, Mt Gox creditors will be able to claim as much as 90% of the bitcoin held...

Jay Clayton Leaves SEC: Crypto Industry Hopeful for Bitcoin ETF Approval


Chairman Jay Clayton is geared to leave the U.S. Securities and Exchange Commission (SEC) after President Donald Trump nominates him to serve as the next U.S. attorney for the Southern District of New York. With his departure, the cryptocurrency industry is hopeful that the SEC will finally approve...

23 Approved Cryptocurrency Exchanges in Japan — Number Rises Amid Pandemic


Despite the global coronavirus pandemic, Japan continues to approve more cryptocurrency exchanges to legally operate in the country. The latest one was approved on Monday, bringing the total number of legal crypto exchanges in Japan to 23. Also read: 2x Bitcoin — Wanna Double Your BTC to...

SEC Approves Bitcoin Futures Fund


The U.S. Securities and Exchange Commission (SEC) has approved an investment fund that will invest in bitcoin futures contracts. SEC Commissioner Hester Peirce calls this move “a bit of progress.” The SEC has also revealed why it decided to approve such a fund. Also read: Swiss Licensed...

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