Voyager Digital, the crypto brokerage firm that filed for Chapter 11 bankruptcy almost a year ago, is preparing to reopen its app and enable customers to withdraw their funds. After a long wait, users can initiate withdrawals between June 20 and July 5....
A substantial number of $OP tokens, totaling 154.6 million ($252 million), will be unlocked within a day, making them accessible for trading or transfer. This represents approximately 3.6% of the total supply and a significant 46% of the circulating supply. $252 million in...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bybit, currently the second-largest cryptocurrency derivative exchange worldwide by volume, has been granted in-principle approval by the Astana Financial Services Authority (AFSA) of Kazakhstan to offer a range of...
Hong Kong’s financial regulator is set to roll out a new framework that would allow retail investors to trade crypto assets like BTC and ETH, and will also include measures to protect investors. New guidelines set to commence in June 2023 The Securities...
Venom Foundation, the team behind the ADGM-licensed decentralized network, has signed a Memorandum of Understanding (MOU) with the Kenyan government to set up a blockchain hub. Venom Foundation partners with Kenyan government Through the partnership, Venom Foundation seeks to stimulate regional economic growth...
The European Central Bank (ECB) released its third progress report on the digital euro today, along with the findings of focus groups commissioned to gather people’s views on the features of a potential digital wallet. The announcement presents a third set of approaches...
Singapore’s central bank and the police are reportedly working on establishing guidelines that would help traditional financial institutions in the city-state to improve the process of accessing potential crypto clients. Bloomberg reported on April 6 that the Monetary Authority of Singapore (MAS) and...
Tether, the company behind the most widely used stablecoin, USDT, has announced that it expects to report a profit of $700m for Q1 2023. According to Tether’s chief technology officer (CTO), Paolo Ardoino, the projected profit for Q1 2023 would match the profit...
Crypto companies domiciled in Argentina will be subjected to the newly established regulatory requirements of Argentina’s National Securities Commission (CNV). According to the CNV, the fundamental motivation behind the new regulations for cryptocurrency businesses is to adhere to the global standards demanded by...
The United Kingdom’s Financial Conduct Authority (FCA) informed crypto companies targeting U.K. investors to prepare for an incoming regulation regarding cryptocurrency promotions. In an official press release on Feb. 6, 2023, the FCA said companies operating within the U.K. and outside the country...