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Crypto Regulation Might Face Long Delays, CFTC Chair Tells Lawmakers

Implementation of New US Crypto Rules Might Take Years, Says CFTC Chair Even if Congress passes legislation to establish a clearer framework for digital assets transitioning from security to commodity…

SEC Hits Coinbase With Lawsuit, a Day After Binance

U.S. Securities and Exchange Commission (SEC) Sues Coinbase Following Binance Charges Coinbase, the largest cryptocurrency exchange in America, finds itself in legal turmoil just a day after the SEC unleashed…

Blockchain-Tech To Enhance Interbank Dollar Settlement in India, JP Morgan Says

Blockchain Settlement System to Launch with Six Banks According to Bloombeg News, JP Morgan & Chase Co., the renowned Wall Street giant, is set to launch a blockchain-based system in…

TD Cowen Shuts Institutional Cryptocurrency Division

Cowen Digital was launched last year in March. The platform provided trading with 16 digital assets. American investment bank TD Cowen has closed down its cryptocurrency unit, Cowen Digital, today…

Binance Australia’s $9k Bitcoin Discount Signals Investor Concern

Binance Australia sells Bitcoin way cheaper than competing exchanges in the region. The discount results from investors fleeing before June's withdrawal suspension. Australian investors' concerns about the future of their…

Temasek’s $275 Million Crypto Blunder Leads to Lowered Pay for Management

The Singaporean company has bet on collective responsibility. Those involved in the FTX investment have been penalized with salary reductions. The investment firm Temasek Holdings Pte, which invested $275 million…

Digital Currency Group’s Prime Brokerage Platform TradeBlock to Shutter

The American exchange will use Bitpanda’s services for catering to non-US institutions. Bitpanda also added Coinbase as a Liquidity provider. Two established crypto exchanges, Bitpanda and Coinbase, have entered a…

Mastercard’s Crypto Head: Security and Simplicity Vital for Blockchain Full Potential

Mastercard, a global leader in the financial industry, is confident that crypto and blockchain technology can deliver significant value to financial sectors once they address the fundamental challenges of security…

Hong Kong To Give Retail Traders Green Light for Crypto Trading

Hong Kong is poised to announce the outcome of its consultation, signaling a push to permit retail crypto investors to engage in cryptocurrency trading. According to Bloomberg, the Securities and Financial Commission…

Tether’s Gamble on Bitcoin Might Cause Market Instability, Rivalry With MicroStrategy

In the wake of Tether‘s groundbreaking announcement regarding their plans to purchase Bitcoin, the cryptocurrency industry was buzzing with excitement and speculation. As the company behind the world’s largest stablecoin, Tether’s…