President Biden’s veto of SEC’s SAB 121 faces backlash from @Coinbase, @Ripple, and Congress members, with concerns over destabilizing the crypto industry and future consumer protections. #CryptoNews #RegulationUpdates
The Hong Kong SFC lists Crypto.com, HKbitEX, and PantherTrade among those vying for crypto exchange licenses. OKX and Bybit withdraw due to strict regulations. #Crypto #Finance
Hong Kong sees a rise in crypto fraud cases, from 2,336 in 2022 to 3,415 in 2023, involving HK$4.33B. Regulatory measures aim to protect investors and bolster financial hub status. #CryptoNews
Changpeng Zhao, founder of @binance, starts a 4-month prison term for violating U.S. anti-money laundering laws. Binance fined $4.3B, Zhao fined $50M. #CryptoNews #Regulation
?? El Salvador’s President Nayib Bukele starts his second term with 85% vote support. With near-total control, he continues to push Bitcoin adoption, despite economic challenges. #Bitcoin #ElSalvador
Senator @tedcruz purchases three ASIC devices for Bitcoin mining, earning praise from @MarathonDH and @coinbase executives. Cruz’s move underscores Bitcoin’s growing acceptance in US finance. #Bitcoin #CryptoNews
Binance burns 1.35 billion $LUNC tokens, raising its total burn to over 60 billion. This action supports the Terra Luna Classic community, aiming to stabilize $LUNC value. #CryptoNews #Updates
The EU’s MiCA regulation, effective January 2025, mandates KYC and AML for all CASPs, bans algorithmic stablecoins, and aims to standardize crypto laws across Europe. #CryptoRegulations #EU
Tether invests $150M in Bitdeer to expand Bitcoin mining. The deal includes $100M equity and $50M share option. Bitdeer ($BTDR) gains new data centers and mining farms. #CryptoNews #Bitcoin
Invesco Galaxy, VanEck, and others updated S-1 filings for spot Ethereum ETFs to the SEC. Franklin Templeton’s 0.19% annual fee marks the first disclosed. #Crypto #Ethereum
BitMEX co-founder @CryptoHayes has acquired 100K $PENDLE from Binance, signaling potential optimism despite a 2.50% dip to $6.13. Increased futures interest hints at bullish activity. #Crypto #Updates
Tether acquires $100M in shares from Bitcoin mining firm Bitdeer, with an option to invest an additional $50M. This deal aims to boost sustainable mining and infrastructure growth. #Bitcoin #CryptoNews
Tim Bailey, William Quigley, and Selva Ozelli discussed tokenization at the Eurasia Blockchain Summit, highlighting Red Date Technology’s UDPN for digital currencies. 134 countries are exploring CBDCs. #Blockchain #CryptoNews
Rebel Satoshi’s $RECQ token surged 120%. With its presale ongoing, it’s poised for a 25% rise. Toncoin’s DeFi activity grows with $USDT launch, while $SOL gains from a new partnership. #Crypto #Updates
