Major Financial Institutions in Germany and Switzerland Embrace Crypto

Both in Germany and Switzerland, various crypto announcements have been observed in recent months. Two weeks ago, Commerzbank became the first universal bank in Germany to receive the custody license from the financial supervisory authority. Deutsche Bank and DZ Bank, the larger competitors, have also submitted applications to BaFin and plan to launch their offerings […]

Major Financial Institutions in Germany and Switzerland Embrace Crypto

Both in Germany and Switzerland, various crypto announcements have been observed in recent months. Two weeks ago, Commerzbank became the first universal bank in Germany to receive the custody license from the financial supervisory authority. Deutsche Bank and DZ Bank, the larger competitors, have also submitted applications to BaFin and plan to launch their offerings […]

Cardano Founder Exposes Bitcoin’s Centralized Origins and US Regulatory Threats

Cardano founder Charles Hoskinson has recently shared some intriguing insights about Bitcoin and the regulatory landscape surrounding cryptocurrencies in the United States. In a live video, Hoskinson discussed the decentralized nature of Bitcoin and the criticism it receives from Bitcoin maximalists who tend to dismiss other cryptocurrencies like Cardano. He revealed that one of the […]

Cardano Founder Exposes Bitcoin’s Centralized Origins and US Regulatory Threats

Cardano founder Charles Hoskinson has recently shared some intriguing insights about Bitcoin and the regulatory landscape surrounding cryptocurrencies in the United States. In a live video, Hoskinson discussed the decentralized nature of Bitcoin and the criticism it receives from Bitcoin maximalists who tend to dismiss other cryptocurrencies like Cardano. He revealed that one of the […]

Terraform Labs Faces Class-Action Lawsuit and Extradition Challenges

CoinChapter.com reported that the class-action lawsuit against Do Kwon in Singapore is still ongoing. The High Court of Singapore rejected Terraform Labs and Do Kwon’s attempt to dismiss the lawsuit, which was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 claimants. The lawsuit alleges fraudulent misrepresentation by Terraform […]

Terraform Labs Faces Class-Action Lawsuit and Extradition Challenges

CoinChapter.com reported that the class-action lawsuit against Do Kwon in Singapore is still ongoing. The High Court of Singapore rejected Terraform Labs and Do Kwon’s attempt to dismiss the lawsuit, which was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 claimants. The lawsuit alleges fraudulent misrepresentation by Terraform […]

Binance Representatives Allegedly Tipped Off VIP Traders About Impending DOJ Settlement

Singapore-based cryptocurrency exchange Binance allegedly tipped off select high-value traders about an impending settlement with the U.S. Department of Justice (DOJ) during a VIP event in September. According to Bloomberg, company representatives suggested that Binance would likely pay around $4 billion to settle its legal troubles and survive. Binance has disputed these claims but declined […]

Binance Representatives Allegedly Tipped Off VIP Traders About Impending DOJ Settlement

Singapore-based cryptocurrency exchange Binance allegedly tipped off select high-value traders about an impending settlement with the U.S. Department of Justice (DOJ) during a VIP event in September. According to Bloomberg, company representatives suggested that Binance would likely pay around $4 billion to settle its legal troubles and survive. Binance has disputed these claims but declined […]

SEC Holds Meetings with Grayscale and Other Asset Managers for Spot Bitcoin ETF Approval

The U.S. Securities and Exchange Commission (SEC) has been holding meetings with various asset managers regarding their proposals for spot Bitcoin exchange-traded funds (ETFs). In late November, the SEC met with Grayscale and seven other applicants for spot Bitcoin ETFs. Grayscale, a prominent digital asset management firm, has had multiple meetings with the SEC, including […]

SEC Holds Meetings with Grayscale and Other Asset Managers for Spot Bitcoin ETF Approval

The U.S. Securities and Exchange Commission (SEC) has been holding meetings with various asset managers regarding their proposals for spot Bitcoin exchange-traded funds (ETFs). In late November, the SEC met with Grayscale and seven other applicants for spot Bitcoin ETFs. Grayscale, a prominent digital asset management firm, has had multiple meetings with the SEC, including […]