Why have new EU rules not brought us closer to mass adoption?

2023 has seen a sharp rise in focus on digital asset regulation. Numerous legal frameworks have been put forward for consideration across the globe to boost the safety and integrity of this... Read more »

Elizabeth Warren highlights surge in crypto scams against seniors, endorses new protective legislation

Senator Elizabeth Warren warned of cryptocurrency scams targeting seniors during a U.S. Senate Special Committee on Aging on Nov. 16. There, Warren cited statistics from the FBI indicating that crypto fraud stole... Read more »

BitGo CEO expects further complications before a Bitcoin ETF can hit market

In a recent interview with Bloomberg TV, BitGo CEO Mike Belshe expressed a cautious outlook on the approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. SEC. Belshe’s optimism regarding the... Read more »

Fidelity files for spot Ethereum ETF, trailing BlackRock’s lead by two days

Fidelity Investments has filed for a spot Ethereum exchange-traded fund (ETF), as seen in a filing with the Securities and Exchange Commission (SEC) on Nov. 17. Cboe BZX submitted a 19b-4 filing... Read more »

South Korean crypto trading volumes soar with altcoins taking center stage

Daily trading volumes on South Korean exchanges have hit their highest point since August last year, with altcoins dominating the transactions, according to data from blockchain analytical firm Kaiko. Trading activities on... Read more »

Three arrested in $10M bank fraud, crypto laundering scheme

The U.S. Attorney’s Office for the Southern District of New York and the FBI announced three arrests related to a $10 million scheme involving cryptocurrency on Nov. 16. The authorities said that... Read more »

U.S. presidential hopeful Ramaswamy promises to rescind crypto regulations, reduce SEC powers if elected

Strive Asset Management co-founder and 2024 Republican U.S. presidential candidate Vivek Ramaswamy said he will dismantle most federal cryptocurrency regulations and significantly reduce the workforce of federal regulators like the SEC and... Read more »

Members of Congress urge revisions to Treasury’s ‘unworkable’ digital asset tax rules

Several American lawmakers voiced their concerns to the U.S. Treasury regarding a proposed taxation scheme for digital assets in a Nov. 15 letter, citing its potential to stifle innovation and adversely affect... Read more »

Tether, BitFinex victorious as court finalizes lawsuit dismissal

The court has finalized the dismissal of a class action lawsuit filed against BitFinex and Tether after the plaintiffs in the case — Matthew Anderson and Shawn Dolifka — elected not to... Read more »

Sora Ventures invests in Fhenix, fuels first confidential blockchain using homomorphic encryption

Sora Ventures has joined a consortium of investors in a $7 million funding round for Fhenix. This significant investment supports the development of the Fhenix Network, poised to be the first confidential... Read more »