Digital Assets Framework Drafted by March
Vietnam’s Prime Minister Pham Minh Chinh has tasked the Ministry of Finance and State Bank of Vietnam with drafting digital asset regulations by March to boost economic growth. #Update #Legal (+3) ↗
News Bytes – 2
Crypto Revolution: South Korea’s Institutional Boom
@Ripple partners with BDACS to implement Ripple Custody, enhancing institutional crypto adoption in South Korea, says President Monica Long. #Update #Crypto (+3) ↗
US-Russia Tensions Shift: Western Firms Return
Russia prioritizes domestic firms over Western corporations as President Putin anticipates foreign businesses’ market return following 2022 sanctions. #Update #Legal (+3) →
Crypto Regulation: Cambodia Requires Licensing
The National Bank of Cambodia (NBC) mandates licensing for crypto transactions, impacting fund mobilization, trading, and settlements; non-compliance risks penalties (Dec. 26). #Breaking #Legal @NBC ↗ (+7)
Solana Co-Founder Faces Fraud Lawsuit
Stephen Akridge, co-founder of @Solana, is sued by ex-wife Elisa Rossi for allegedly misappropriating millions in $SOL profits by exploiting crypto knowledge to collect her staking rewards; lawsuit filed in San Francisco Superior Court. #Breaking #Legal @Solana ↘ (-7)
Montenegro Court Blocks Do Kwon’s Extradition to South Korea
Montenegro court blocks Do Kwon’s extradition to South Korea. Kwon, behind Terraform Labs’ $40B collapse, faces fraud charges, highlighting global crypto legal complexities. #CryptoNews #FinancialCrime
Ebury Botnet Expanding: Malware Continues to Steal Cryptocurrency
ESET Research reveals the Ebury botnet, with a footprint in nearly 500,000 servers, continues to pose a significant threat by targeting cryptocurrency, affecting over 100,000 servers globally as of late 2023.
Trump Campaign Now Accepts Crypto Donations via Coinbase
Donald Trump’s campaign now accepts cryptocurrency donations through Coinbase Commerce, pioneering the integration of digital currency into political fundraising. This strategic move not only highlights Trump’s commitment to financial technology innovation but also potentially expands the donor base by tapping into the burgeoning cryptocurrency market.
Crypto Startup Funding Hits $2.4 Billion in Q1
In the first quarter of 2024, crypto startup funding impressively reached $2.4 billion across 518 deals, marking a 40.3% growth from the previous quarter, driven by the launch of the first U.S. bitcoin spot ETFs.
Coinbase Highlights Key US Regulatory Developments Driving Crypto Prices
Coinbase’s latest commentary highlights the pivotal role of U.S. regulatory developments in shaping cryptocurrency market trends. It underscores that SEC decisions could be crucial catalysts, potentially leading to greater investor confidence and more stable markets in the crypto industry.
Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter
Michael Novogratz predicts Bitcoin will trade between $55,000 to $75,000 this quarter, highlighting its potential for stability and long-term strategic importance in the volatile cryptocurrency market.
US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network
US authorities arrested Daren Li and Yicheng Zhang for a crypto scam, attempting to launder over $73 million, marking a significant crackdown on cryptocurrency fraud. This operation showcases the US’s commitment to combating global financial crime.
- « Previous
- 1
- 2