Crypto lender BlockFi gets court nod to repay customers
The approval is seen as a milestone moment for BlockFi's over 100,000 creditors, who have been long awaiting repayment. The...
Month: September 2023
Nomura’s Laser Digital receives in-principal approval for operations in Abu Dhabi
The Japanese bank joins a rapidly growing number of digital asset firms operating in Abu Dhabi and the rest of...
SEC pushes deadline for ARK 21Shares spot Bitcoin ETF to January
The commission gave itself an additional 60 days to consider the listing of ARK 21Shares’ investment vehicle on the Cboe...
US lawmakers call on SEC chair to approve spot Bitcoin ETFs ‘immediately’
The members of the House Financial Services Committee are expected to question Gary Gensler during a Sept. 27 hearing on...
Bitwise amends spot Bitcoin ETF application with new, detailed argumentation
The amendments tackle arguments made by the SEC against the use of the CME BTC futures market for surveillance sharing....
CBDCs could support a more stable economy — if banks pull the strings
Central bank digital currencies (CBDCs) could confer economic benefits if governments don't use them to cannibalize the commercial banking industry....
Former White House official will lead Ripple’s policy and government arm
Ripple's newest head of U.S. public policy previously worked in similar roles at Softbank Group, Zoom, and Lyft following six...
Circle launches native euro stablecoin on Stellar
The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche. Stablecoin issuer Circle has...
Gemini invests $24M for expansion in India
Launched in May, the Gemini Gurgaon Hub has since added over 70 staff. Cryptocurrency exchange Gemini is allocating 2 billion...
US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’
The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings. The Federal Reserve Banks of...
JPMorgan subsidiary Chase UK to restrict crypto transactions
Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions starting Oct. 16. Chase...
Crypto exchange claiming $1.4B trading volume uses reportedly fake license data
A crypto exchange claiming $1.7 billion in daily trades on its website and $1.4 billion in daily trading volume on...
Do Bitcoin halvings spark BTC price rallies, or is it US Treasurys?
An intriguing chart shows a close relationship between U.S. 10-year Treasurys and Bitcoin halving price rallies. The relationship between Bitcoin’s...
Bahrain’s Bank ABC using JPMorgan’s Onyx blockchain for cross-border payments
After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with...
US Treasury sanctions Ethereum wallet tied to cartel over ‘illicit fentanyl trafficking’
An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the...
