Following the tragic events in Israel in October, a narrative emerged linking Hamas funding to cryptocurrencies. The Wall Street Journal published a story on October 10, authored by Angus Berwick and Ian Talley, which fueled Senator Elizabeth Warren’s campaign against the crypto sector. However, subsequent insights from Chainalysis and Elliptic cast doubt on these claims, […]
The UK Treasury has finalized its regulatory approach to the crypto industry, with a phased introduction set to begin in early 2024. The first phase will focus on regulating fiat-backed stablecoins, which are digital currencies that maintain a stable value by referencing traditional fiat currencies. The government aims to facilitate and regulate the use of […]
Bitget, a prominent cryptocurrency derivatives and copy trading platform, has recently announced its plans to list TIA, the native cryptocurrency of Celestia’s blockchain ecosystem. This move positions Bitget as one of the first centralized exchanges to support TIA. By listing TIA, Bitget aims to provide its users with the opportunity to explore the potential of […]
The UK government has released a policy update outlining the regulation of fiat-backed stablecoins in the country. The update focuses on two areas: the use of stablecoins in payment chains and their issuance and custody within the UK. The Bank of England, the Financial Conduct Authority (FCA), and the Payment Systems Regulator (PSR) will all […]
The United Kingdom government has released an update on its plans to regulate fiat-backed stablecoins. The aim is to facilitate and regulate the use of these stablecoins in the country’s payment chains. The government intends to introduce specific legislation in 2024, which will bring the regulation of fiat-backed stablecoins under the Financial Conduct Authority’s (FCA) […]
The Federal Reserve Board is actively researching a central bank digital currency (CBDC) and related technologies, according to Vice Chair Michael Barr. The focus of their research is on the system architecture, including ledgers, tokenization, and custody models for an intermediated CBDC. Barr emphasized that a digital dollar would require a congressional mandate, but learning […]
A new bill aimed at combating economic crime in the UK is making its way through the legislative process. The Economic Crime and Corporate Transparency Bill has been approved by UK lawmakers and is expected to have a significant impact on the fight against illicit activities. The bill focuses on regulating illicit cryptocurrency assets, marking […]
Zodia Markets, a digital asset exchange backed by Standard Chartered, has obtained registration as a Virtual Asset Service Provider (VASP) in Ireland. This approval was granted by the Central Bank of Ireland (CBI), following similar registrations in Abu Dhabi and the UK. With this regulatory approval, Zodia Markets can now expand its services in Europe, […]
Zodia Markets, a digital asset exchange backed by Standard Chartered, has obtained registration as a Virtual Asset Service Provider (VASP) in Ireland. This approval was granted by the Central Bank of Ireland (CBI), following similar registrations in Abu Dhabi and the UK. With this regulatory approval, Zodia Markets can now expand its services in Europe, […]
Trezor, a provider of cryptocurrency hardware wallets, is currently investigating a phishing campaign after users reported receiving phishing emails. The campaign was brought to light by an anonymous blockchain investigator named ZachXBT, who alerted users to the attack on his Telegram channel. The attack targeted Trezor customers and allegedly involved a breach of the company’s […]
