[Jun 13, 2024 3:11 PM] Coinbase CEO Brian Armstrong said on Wednesday that he engaged with over a dozen senators from both Democratic and Republican parties in Washington, D.C., over the past 48 hours. The discussions focused on establishing clear regulations for the…
[Jun 12, 2024 9:22 PM] A 24-year-old Termez State University graduate has been sentenced to 10 days of administrative imprisonment for selling cryptocurrency notcoin. Termez State University is a public institution located in the capital of Surkhandarya province…
[Jun 12, 2024 8:34 PM] The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC…
[Jun 12, 2024 6:34 PM] Demand for gold in Asia is surging despite high prices, as buyers seek a hedge against geopolitical and economic uncertainty. In Japan, there is currently a strong bullish sentiment on gold. Chinese investors, facing currency devaluation, real…
[Jun 12, 2024 8:35 AM] Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by Ripple earlier this year, involves a trust company regulated by the New York Department of Financial…
[Jun 11, 2024 8:41 PM] The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to…
[Jun 11, 2024 7:34 PM] Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727…
[Jun 10, 2024 9:31 PM] The gold mining industry struggles to sustain production growth due to declining new deposits, reports the World Gold Council (WGC). Despite a 4% increase in first-quarter production in 2024, overall growth has plateaued since 2016. In 2023, mine…
[Jun 10, 2024 7:38 PM] HSBC Bank (China) Ltd. announced on Friday the launch of digital yuan (e-CNY) services for corporate clients, becoming one of the first international banks to provide these services to both corporate and retail customers. The e-CNY, or digital…
[Jun 10, 2024 10:17 AM] Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing rights to shareholders to prevent unwanted…
[Jun 9, 2024 8:20 PM] Russian Ambassador to China Igor Morgulov disclosed that approximately 30 countries are interested in joining the BRICS economic bloc in an opinion piece published by the South China Morning Post last week. BRICS welcomed five new members in…
[Jun 9, 2024 6:45 PM] Moody’s has initiated a review for potential downgrades of six U.S. regional banks due to their considerable exposure to commercial real estate (CRE) loans. Moody’s Corporation, established in 1909 and recognized as one of the…
[Jun 9, 2024 12:36 AM] The Federal Bureau of Investigation (FBI) Portland Division warned the public this week about a surge in scammers impersonating FBI agents and other government officials, demanding cash, gold, or cryptocurrency payments. The FBI stressed that…
[Jun 8, 2024 9:32 PM] Ripple has partnered with Clear Junction, a global leader in cross-border payment solutions for regulated institutions, to enhance cross-border payments, enabling instant and secure GBP and EUR payouts, with more currencies to follow. Ripple…
[Jun 8, 2024 8:31 PM] Vending machines in Seoul, South Korea, are revolutionizing the traditional concept of buying gold by offering gold bars in various sizes. Situated within convenience stores throughout the affluent Gangnam district and other areas, these machines…
[Jun 7, 2024 11:31 PM] Juan Tacuri, a major promoter of the cryptocurrency Ponzi scheme Forcount, later renamed Weltsys, has pleaded guilty to conspiracy to commit wire fraud in the Southern District of New York. The scheme primarily targeted Spanish-speaking communities…
[Jun 7, 2024 9:25 PM] Global gold reserves rose by 33 tonnes in April, according to the World Gold Council. The Central Bank of Turkey was at the forefront, increasing its holdings by 8 tonnes. This addition marks 11 consecutive months of purchases, bringing the central…
[Jun 7, 2024 7:33 PM] A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) — has revealed that seven out of 10 cryptocurrency exchanges in South Korea failed to fully return investors’…
[Jun 7, 2024 11:20 AM] Cryptocurrency exchange Bybit has opened its platform to overseas Chinese residents for trading. The Dubai-based company’s decision is part of a strategy to draw new users while navigating the complexities of global regulatory scrutiny…
[Jun 7, 2024 8:40 AM] Semler Scientific Inc. (Nasdaq: SMLR), a developer of medical technology aimed at fighting chronic diseases, has expanded its bitcoin portfolio by acquiring an additional 247 bitcoins for $17 million, inclusive of fees and expenses. As of June 6…
[Jun 7, 2024 7:31 AM] The American Securities Association (ASA) filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) on Thursday for failing to comply with the Freedom of Information Act (FOIA). The ASA seeks to compel the SEC to disclose records…
[Jun 6, 2024 10:22 PM] Uzbekistan’s highest Islamic authority has retracted a fatwa it issued on June 3 that deemed trading with cryptocurrencies impermissible. This declaration, which stated that cryptocurrency trading violated Sharia law, was mistakenly released…
[Jun 6, 2024 8:21 PM] The “Stand with Crypto” alliance has achieved a notable milestone, surpassing one million supporters as reported on its official website. This non-profit organization is committed to mobilizing global crypto advocates. Initiated by…
[Jun 6, 2024 6:20 PM] Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some users regarding the reintroduction of…
[Jun 6, 2024 2:35 PM] The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27…
[Jun 6, 2024 8:28 AM] Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited”…
[Jun 5, 2024 8:27 PM] The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with…
[Jun 5, 2024 7:32 PM] The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies or considering…
[Jun 5, 2024 9:16 AM] DMM Bitcoin, a major cryptocurrency exchange based in Japan, has revealed its plan to secure 50 billion yen ($320 million) to repay customers after a significant security breach resulted in the loss of 4,503 bitcoins. The BTC leaked from the…
[Jun 5, 2024 6:31 AM] The U.S. Securities and Exchange Commission (SEC) has announced the closure of its Salt Lake Regional Office (SLRO) due to attrition and a focus on organizational efficiency. This move will reduce the number of SEC regional offices from 11 to 10…
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