Coinbase International Increases Perpetual Futures Leverage Limit to 10x

Coinbase International, the international trading arm of Coinbase, has announced that it has set leverage limits to 10X on its perpetual futures contracts. This upgrade allows users to execute more efficient trading strategies. However, new transactions are only permitted at leverage rates set out in its Default Initial Margin (DIM) rules. The company has also […]

Court Rules in Favor of SEC in Unregistered Securities Case Against Terraform Labs and Former CEO

A United States court has ruled in favor of the Securities and Exchange Commission (SEC) in a case involving Terraform Labs and its former CEO, Do Kwon. The court granted summary judgment for the SEC on Count IV of the Amended Complaint, which pertains to the defendants’ unregistered offers and sales of LUNA and MIR […]

Monex Group to Acquire Majority Stake in 3iQ Digital Holdings, Expanding Crypto Asset Management Business

Japan-based brokerage firm Monex Group has announced its plans to acquire a majority stake in 3iQ Digital Holdings, a Canada-based asset manager and crypto exchange. Monex cited 3iQ’s experience in listing the first spot Bitcoin and Ether exchange-traded funds in North America as a key reason for the acquisition. The move is part of Monex’s […]

Argentina’s President Proposes Tax Incentives for Crypto Regularization in Controversial Draft Bill

Argentina’s President Javier Milei has proposed a draft bill aimed at regularizing cryptocurrency holdings as part of his economic and political reform agenda. The bill, titled the ‘Law of Bases and Starting Points for the Freedom of Argentines,’ introduces an asset regularization scheme that offers tax incentives to individuals declaring crypto assets, regardless of their […]

India Issues Compliance Notices to Offshore Crypto Exchanges for Violating Money Laundering Laws

In a significant move, India’s Finance Ministry has issued compliance show-cause notices to nine major offshore cryptocurrency exchanges, including industry giants like Binance, Huobi, and Kucoin. The government accuses these platforms of operating illegally within the country’s borders without adhering to local money laundering laws.The notices demand an explanation for their non-compliance with the established […]

Decentralized Finance Startup Levana Protocol Suffers $1.14 Million Loss in Security Exploit

The Levana perpetual swap protocol, operating on the Osmosis blockchain, recently suffered a significant exploit, resulting in a loss of $1.14 million. Over a 13-day period, an unauthorized party managed to drain more than $1.1 million from Levana’s liquidity pools, causing a loss of 10% of the protocol’s liquidity. The exploit was a result of […]

Crypto Compliance and Risk Management: Navigating the Evolving Regulatory Landscape

The growing Web3 market presents challenges in compliance and risk management for companies operating in the blockchain industry. With the complexities of decentralized finance (DeFi) and the increasing security risks, there is a critical need for robust compliance solutions.The regulatory landscape for crypto assets is constantly evolving, with different approaches taken by jurisdictions worldwide. The […]

India’s Financial Intelligence Unit Issues Show Cause Notices to Offshore Cryptocurrency Operators for Violating Money Laundering Laws

In a move to regulate the cryptocurrency sector, India’s Financial Intelligence Unit (FIU) has issued show cause notices to nine offshore Virtual Digital Assets (VDA) service providers for allegedly violating the Prevention of Money Laundering Act (PMLA) of 2002. The targeted firms, located in Seychelles, Cayman Islands, and Switzerland, include popular platforms such as Kucoin, […]

Celsius Mining Company Receives Final Approval for $225M Restructuring Plan

The United States Bankruptcy Court for the Southern District of New York has granted final approval for Celsius Mining Company’s restructuring plan. The plan involves the creation of a new public company focused on bitcoin mining, with $225 million in funding and the transfer of specific mining assets. The court also approved modifications to the […]

Experts Predict Exciting Future for Swiss Banking Industry

Matthias Geissbühler, the investment chief at Raiffeisen, leads clients through the stock market during the week. However, on Saturdays, he takes on a different role as singer-songwriter Matt, showcasing his new album to the audience. In an interview with, Geissbühler discusses his passion for music and the parallels he sees between music and investing.The […]