Cryptocurrency exchange Binance is set to re-enter the Japanese market after acquiring regulated cryptocurrency trading platform Sakura Exchange Bitcoin (SEBC). Binance acquired the exchange licensed by the Japan Financial Services Agency in November 2022, intending to re-enter the Japanese cryptocurrency market.
Cryptocurrency fund manager Valkyrie has joined the race to launch a bitcoin spot exchange-traded fund (ETF) by submitting an S-1 registration form with the US Securities and Exchange Commission (SEC) on June 21.
Blockchain-based payments company Ripple has received in-principle regulatory approval from Singapore's financial watchdog to offer digital asset payments and token offerings in Singapore.
Allegations of pyramid schemes in Brazil have led Alfredo Gaspar, a member of the Brazilian Chamber of Deputies, to call for the summoning of Binance Brazil Director Guilherme Haddad before the Parliamentary Committee of Inquiry (CPI).
Japan's Ministry of Education, Culture, Sports, Science and Technology is set to introduce a controlled implementation of generative artificial intelligence (AI) in elementary to high school classrooms.
During a hearing on the SEC's oversight, Michigan Representative Bill Huizenga, chairman of the US House Oversight and Investigations Subcommittee, criticized the US Securities and Exchange Commission (SEC)
Crédit Agricole and CACEIS Bank, the asset services arm of Santander, have obtained cryptocurrency custody licenses in France, as announced on the French regulator's website on June 20.
The International Monetary Fund (IMF) has restated its call for cryptocurrency regulation in certain countries but emphasized that an outright ban may not be the most effective approach.
The Belgian Financial Services and Markets Authority (FSMA) has issued an order to cryptocurrency exchange Binance, instructing it to cease all cryptocurrency trading and custodial wallet services in Belgium.
Wirex, a crypto payment service, has notified some of its customers through an email on June 23 that their debit cards may no longer function in the European Economic Area (EEA).
Several investment firms have recently filed applications for spot bitcoin exchange-traded funds (ETFs), following BlackRock's filing for a similar product on June 15. WisdomTree
A bipartisan group of lawmakers in the United States introduced a bill on June 20 that calls for the establishment of a commission to study the country's approach to artificial intelligence (AI). The primary objective of the bill is to create regulations for the AI industry.
Sam Bankman-Fried, co-founder of FTX, has been denied access to documents from law firm Fenwick & West LLP as part of his defense strategy in an ongoing federal fraud case, according to Bloomberg.
The US Securities and Exchange Commission (SEC) has agreed to postpone the payment of a $30 million fine imposed on bankrupt cryptocurrency lender BlockFi until creditors have been repaid.
The US Supreme Court delivered a partisan decision in favor of cryptocurrency exchange Coinbase on June 23, resulting in the suspension of court proceedings against the company in two California cases.
During the Bloomberg Technology Summit, Alfred Lin, a partner at Sequoia Capital, expressed his continued support for the firm's multimillion-dollar investment in the now-defunct cryptocurrency exchange FTX.
The lawyers and restructuring team of bankrupt cryptocurrency exchange FTX have accumulated over $200 million in fees in just over seven months. However, independent auditors believe these fees are justified considering the complexity of the task at hand.
Volatility Shares Trust, a firm specializing in cryptocurrency-linked funds and exchange-traded funds (ETFs), has submitted an application to the US Securities and Exchange Commission (SEC) to list shares in a leveraged bitcoin futures ETF.
