Industry
Spotlight on Binance, Galaxy Digital Turnaround, China's Blockchain Boost
U.S. regulators have a new target: Binance. The U.S. Commodity Futures Trading Commission (CFTC) has sued the world's largest cryptocurrency exchange by volume for regulatory violations.Martha GrizzardTerra co-founder Daniel Shin dismissed by court for low flight risk arrest
A South Korean district court has rejected prosecutors' request for an arrest warrant for Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin.Barry StidhamDenmark's Supreme Court Says Bitcoin Profits Are Taxable in Some Circumstances
Danish Supreme Court Judges Issue Two Judgments on Whether to Sell Bitcoin, Qualify as a taxable event in certain circumstances.Christopher SmithRevolut unhappy with how fintechs are handling audit red flags
Crypto-friendly fintech Revolut has reportedly encountered some issues with its recently released annual report for the year ending December 2021.Cornell RachelBitcoin (BTC) in good shape ahead of 2024 halving, says Bloomberg analyst
Mike McGlone, senior macro strategist at Bloomberg Intelligence, says the foundation is set for a strong performance for Bitcoin (BTC) next year.Cornell RachelOCC's new fintech office has a director and an opening date
The U.S. Office of the Comptroller of the Currency (OCC) officially announced the launch of its Office of Financial Technology on March 30. The new office will broaden the OCC's technology focus and help it keep pace with rapid developments in the banking industry, it said.Wayne IngramCiti Says Trillions in Assets Will Be Tokenized by 2030
Investment bank Citi is betting that blockchain-based tokenization of real-world assets will be the next "killer use case" in crypto, predicting a market size of $4 trillion to $5 trillion by 2030.James DeanJapan Plans Expert Panel to Explore Digital Yen
According to Japanese news outlet NHK, the Japanese Ministry of Finance plans to form an expert group in April to explore the feasibility of introducing a digital yen.Barry StidhamAxie Infinity creators team up with studio to drive Web3 adoption with new game
Sky Mavis, the company behind the popular blockchain game Axie Infinity, has revealed that four game studios will build and publish games on top of the Ronin Network, inspiring the creation of its own native gaming ecosystem.Christopher SmithBlockchain and regulated stablecoins will be widely used by 2030, industry exec says
Regulated stablecoins are in the spotlight for policymakers as a panel of professionals in digital regulation discuss the asset's future use at the World of Web3 (WOW) summit in Hong Kong.Martha GrizzardAustralia's 'big four' bank ANZ stops cash withdrawals from many branches
ANZ, one of Australia's "big four" banks, will stop cash withdrawals and deposits at a number of its Australian branches as it looks to push its customers to use a dwindling number of ATMs and deposit machines.Hallie GillPoll Says Elizabeth Warren's Anti-Crypto Army Strategy Won't Work
U.S. Senator Elizabeth Warren of Massachusetts has made her "anti-encryption" agenda one of the centerpieces of her re-election campaign, despite polls showing a majority of Americans see encryption as a key innovation of the future.Sherry CantwellOKX Plans Australia Expansion, Citing 'Huge Appetite' for Cryptocurrencies
Seychelles-based cryptocurrency exchange OKX has expressed its intention to expand its cryptocurrency services to Australia, which it believes is ready for the next wave of cryptocurrency adoption.Jerry McNeillMatt Damon Reveals Why He's in Crypto.com's Most Infamous Ad
Hollywood star Matt Damon has finally opened up about why he appeared in cryptocurrency exchange Crypto.com's infamous "Fortune Favors the Brave" ad, which was once the subject of merciless ridicule.Sherry CantwellNigerian Cryptocurrency Investors Question Central Bank's Decision to Flag P2P Users
Nigerian cryptocurrency investors using peer-to-peer (P2P) services have expressed concern over the flagging of their bank accounts by the Central Bank of Nigeria.Barry StidhamFreeport Clears SEC Reg A Review of Tokenized Art Offerings
On March 29, non-fungible token (NFT) startup Freeport announced it had passed the SEC’s Regulation A review to launch its blockchain platform for Andy Warhol prints Collective ownership of the four-piece collection.Craig GreenRoyalties Lost For Web3 Creators Higher Than Expected
The Non-Fungible Token (NFT) space has proven to be the gateway that helps users take their first steps into the Web3 space.Martha GrizzardBitcoin Price Briefly Hit $29,000 Despite Recent Binance Crackdown
The price of bitcoin briefly topped $29,000 on March 30, setting a new high for the year, despite the recent U.S. regulatory crackdown on crypto firms and related uncertainty.Hallie GillAustralian Senator Introduces Private Bill to Speed Up Crypto Regulation
A new bill has been introduced to the Australian Parliament proposing regulations for the provision of cryptocurrency services in the country.Jerry McNeillBitKeep Completes $8 Million Compensation for APK Vulnerabilities, Announces Name Change
On March 29, the multi-chain wallet BitKeep announced that it has fully compensated users affected by 7.2.9. The Android Package Kit (APK) exploit took place on December 26, 2022.Sherry Cantwell
