Taiwan Issues Crypto Guidance as It Steps Up Regulation
The guiding principles focus on customer protection and includes requirements to custody client funds separately from company assets.
Posts published on September 26, 2023 go to media archive 4/4
Sam Bankman-Fried’s lawyer renews request for temporary release from jail
The lawyer representing Sam Bankman-Fried has renewed a request for temporary release before his upcoming trial for preparation purposes.
Hong Kong Securities Regulator Says It Now Publishes Names of Entities Seeking Crypto Trading Licences
The Hong Kong securities regulator has said it now publishes a list of firms seeking to operate crypto trading platforms in the region. Julia Leung Fung-yee, the CEO of the Securities and Futures Commission (SFC), said divulging the names of…
Overcrowded, No Heat, Little Light: Inside SBF's Prison Digs
Former FTX CEO Sam Bankman-Fried has traded his palatial Bahamas bunker for a bunk bed as he transitions from luxe to lockup.
Market Analysts Outline When The First Spot Bitcoin ETF Will Be Approved
In a recent development, analysts at asset management firm Bernstein have predicted when the US Securities and Exchange Commission (SEC) will likely approve the first Spot Bitcoin ETF. When Will The First Spot Bitcoin ETF Be Approved? According to…
Ethereum Staking in 2023: A Year of Growth and Transformation
Ethereum staking saw strong demand from institutions following the Merge. Even if the adoption rate slows down in a few months, its future looks promising, say Vivek Chauhan and David Lawant, of FalconX.
Binance Restarts in Belgium Three Months After Order to Stop
In June the exchange was ordered by the Financial Services and Markets Authority to stop serving Belgium clients.
CZ appoints Binance security team to track Huobi HTX stolen funds
To minimize the damage, HTX proactively offered 5% of the drained funds as a “white-hat bonus,” which would amount to nearly $400,000.
Bitcoin Price Predictions For 2024: Insights From Major Banks To Hedge Funds
With anticipation around Bitcoin ETFs from giants like BlackRock, Fidelity, and Invesco, and an expected halving in April 2024, forecasts for Bitcoin’s price next year show a significant range. From JPMorgan to Standard Chartered Bank, here…
Taiwan’s major crypto exchanges form association to advance industry interests
MaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association.
Sam Bankman-Fried Refiles for Temporary Release Ahead of Trial
The jailed founder of collapsed cryptocurrency exchange FTX, has renewed his request to be released temporarily during the course of his trial.
Marathon CEO Fred Thiel Warns About Fed Losing Its Weapons to Fight Inflation During Upcoming Period of Fiscal Dominance
Fred Thiel, CEO of Marathon Digital Holdings, a Nasdaq-listed Bitcoin mining company, has warned about the future of the U.S. economy and the consequences of the Federal Reserve’s current monetary policy. Thiel noted the possibility of an…
Crypto Fund Management Opportunity Could Be Worth as Much as $50B, Bernstein Says
The crypto industry is expected to transition into a formal, regulated asset management industry with more than $500 billion of assets over the next five years, the report said.
Bitcoin price at risk? US Dollar Index confirms bullish ‘golden cross’
Concerns over the U.S. dollar’s impact on Bitcoin may be overstated by investors, particularly in the longer term.
Celsius' Bankruptcy Nears End as Creditors Approve Reorganization Plan
Bankrupt crypto lender Celsius' creditors have voted to approve a plan that would return 67%-85% of holdings back to them.
Litecoin Stuck In A Rut: Will Bullish Momentum Or Bearish Pressure Prevail?
Litecoin (LTC) has spent the past week trading within a tight price range, with its value hovering steadily around the mid-range point of $64. The price action for LTC in September has remained primarily bearish, with sellers maintaining control…
World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan CEO Says
U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets.
Tether Denies Links With Alleged Spokeswoman Alex Welch; Blasts ‘Tabloid’ News Outlets
A controversy surrounding Alex Welch, an alleged spokeswoman of Tether, the company behind USDT, erupted last week as an article in the Wall Street Journal (WSJ) quoted her as a source for information on the company’s loans. However, Tether…