Coinbase, a popular cryptocurrency exchange, has received a subpoena from the United States Commodity Futures Trading Commission (CFTC). The CFTC is seeking information about another cryptocurrency exchange called Bybit. It is speculated that Coinbase customers who also use Bybit have received a message regarding this subpoena. If the subpoena is not reversed by a court […]
The Securities and Exchange Commission (SEC) has postponed its decision on whether to approve or disapprove two bitcoin exchange-traded funds (ETFs) – the Franklin Bitcoin ETF and the Hashdex Bitcoin Futures ETF. This delay has led some experts to speculate that the SEC may be preparing to approve a batch of bitcoin ETFs in early […]
The Financial Stability Board (FSB) is calling for greater cooperation among national regulatory bodies in the regulation of cryptocurrencies. Specifically, the FSB is recommending cross-border collaboration in the supervision of multifunction crypto-asset intermediaries (MCIs), which are firms that combine a range of crypto services and products. While these MCIs are critical to the crypto ecosystem, […]
Fireblocks, a multi-party computation (MPC) wallet provider, has introduced a new trading system called “Off Exchange” for institutional traders. This system allows traders to swap tokens without depositing them on the exchange, reducing counterparty risk. The Off Exchange system works by using a shared MPC wallet with a private key consisting of three shards. The […]
Japan’s SBI Holdings, a leader in asset management and blockchain technology, has formed a strategic collaboration with Circle, the company behind the USDC stablecoin. This partnership aims to promote the adoption of digital currencies, specifically the USDC stablecoin, in the Japanese market. SBI Trade is seeking approval to deal in USDC under electronic payment regulations, […]
The Financial Stability Board (FSB) is calling for greater cooperation among national regulatory bodies in the regulation of cryptocurrency. Specifically, the FSB is urging cross-border collaboration in the supervision of multifunction crypto-asset intermediaries (MCIs), which are critical to the crypto ecosystem but also pose risks to global financial stability. MCIs are firms that combine a […]
Arax Holdings has recently launched the CBC20 Core Token on the Core Blockchain as part of its plan to expand the blockchain network ecosystem. This token aims to integrate real-world assets into digital asset management platforms. With a total supply of 1 billion, the Core Token offers various services within the Core Ecosystem and facilitates […]
ByBit, the fourth-largest cryptocurrency exchange by volume, is now under scrutiny from US regulators. The Commodity Futures Trading Commission (CFTC) has subpoenaed rival exchange Coinbase for evidence against ByBit. Coinbase users have received emails informing them of the subpoena, which is part of the CFTC’s investigation into ByBit and its CEO, Ben Zhou. ByBit, unlike […]
In an effort to strengthen control and oversight in the world of cryptocurrency taxation, Spain has implemented new regulations requiring residents to declare their crypto assets held on non-Spanish platforms. The country’s tax agency has introduced a dedicated declaration form, known as Form 721, which individuals and businesses must use to report their holdings for […]
The decentralized trading platform dYdX Chain has completed its mainnet migration and officially launched full trading. This milestone was achieved after a successful governance vote, highlighting the platform’s commitment to decentralized decision-making and community-driven development. Major markets such as BTC-USD, ETH-USD, SOL-USD, and LINK-USD are now available for trading on the platform. The transition to […]
