crypto

Switzerland-based financial institution SEBA Bank is on the cusp of offering crypto-related services in Hong Kong. The Hong Kong Securities and Futures Commission has granted SEBA Bank an approval-in-principle, a significant step toward…

X, the social media platform owned by tech billionaire Elon Musk and formerly known as Twitter, has acquired money transmitter licenses in seven U.S. states, including Maryland, New Hampshire, and most recently, Rhode Island. While these…

Key Points * Grayscale's SEC victory led to a surge in Bitcoin prices but may not offer long-term benefits. * Market reactions to Grayscale's moves have been inconsistent. * Grayscale's trusts inherently limit crypto circulation. * Most…

SpaceX, the renowned aerospace technology firm, reportedly wrote down the value of its Bitcoin holdings by a total of $373 million in 2021 and 2022, according to an Aug. 17 report by The Wall Street Journal. The report suggests that SpaceX…

Binance Research reveals a surge in crypto trading via Telegram bots, reaching $10 million in daily volumes in July. Telegram, a popular messaging app, is seeing a significant rise in crypto trading through its bots, according to the latest…

Cryptocurrency exchange, FTX, has announced plans to reboot its international exchange platform, a move that comes amidst heightened scrutiny from regulators and the company’s ongoing bankruptcy proceedings. The company’s Chief Executive,…

The Securities and Exchange Commission (SEC) is taking a firm stance against crypto accounting firms that are promoting their work as a substitute for proper audits. In a warning issued by Paul Munter, the principal advisor to the SEC on…

Binance has withdrawn its crypto custody license in Germany application amid regulatory challenges but plans to reapply after revisions. Binance, the global leader in crypto exchange, recently canceled its pursuit of a crypto custody…

President Joe Biden of the United States has declared his intent to eradicate tax escape routes for cryptocurrency traders and hedge fund executives. As part of his fairness initiative for the federal tax system, Biden expressed a…

Fidelity Investments, the world’s third-largest asset manager, might be poised to make significant inroads into the cryptocurrency industry. This has come hot on the heels of BlackRock’s application for a Bitcoin spot exchange-traded fund…