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Central Bank of Qatar Announces CBDC Project

[Jun 4, 2024 9:10 PM] The Central Bank of Qatar recently announced the completion of the infrastructure development supporting an in-house-built CBDC. The bank estimates that the project will enter its experimental stages this year in October, allowing several national…

FTX Reaches Settlement With IRS on $24 Billion Tax Claim

[Jun 4, 2024 2:40 PM] Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring plan is approved. Additionally, the U.S. tax…

Woman Pleads Guilty to Using Bitcoin for Dark Web Hitman

[Jun 3, 2024 10:16 PM] In Salt Lake City, Krista Renae Stone, 23, pleaded guilty to using the dark web to arrange a murder-for-hire in 2023. According to court documents, Stone utilized bitcoin to pay $5,000 for the hit. Between March and September 2023, she accessed a…

India Repatriates 100 Tonnes of Gold From UK, Aims to Move More

[Jun 3, 2024 7:36 PM] According to local media reports, the Reserve Bank of India has repatriated 100 tonnes of gold that was held in the vaults of the Bank of England. The operation, carried out in special circumstances due to the quantity of gold moved, may be…

Okx Launches Crypto Exchange and Wallet in the Netherlands

[Jun 3, 2024 2:12 PM] Global crypto trading platform Okx has launched its centralized exchange and wallet in the Netherlands. Dutch customers can now engage in spot trading and convert services for over 150 cryptocurrencies, including more than 60 crypto-Euro pairs. The…

Australia’s First Spot Bitcoin ETF Launching Tomorrow

[Jun 3, 2024 9:16 AM] Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously…