Crypto currency

The City regulator brought its first criminal charge against an individual who was allegedly operating a network illegal cryptocurrency ATMs. Olumide Osunkoya has been accused by the Financial Conduct Authority for operating illegally…

The German government has started auctioning confiscated bitcoins worth €2.5 billion. This sale may have contributed to the recent drop in cryptocurrency value. In January, authorities seized a digital wallet that contained nearly 50,000…

Terraform Labs has agreed to pay the US Securities and Exchange Commission $4.47bn to settle a case that was brought by them. This makes it the latest cryptocurrency company in the US to be hit with a large penalty. A New York jury found…

The UK seized more than £3bn of bitcoins from China. The group of victims of the £5bn scam perpetrated by the Chinese company Tianjin Lantian Gerui Electronic Technology sent a letter to the Foreign Ministry in Beijing this week asking…

Bitcoin is down 16 percent from its high of last week. Investors have stopped investing in new funds, which had been driving a big rally for this year. The largest cryptocurrency in the world, which was worth $73,800 on Thursday, fell to…

Within weeks, institutional investors could trade mainstream crypto-backed securities in London after the Financial Conduct Authority relaxed its blanket opposition to the asset class. The London Stock Exchange, after the FCA…

Bitcoin is back over $60,000 for the first two years. This comes amid renewed enthusiasm for the most popular cryptocurrency in the world. The jump was a second sharp turn in the digital coin's value, which had fallen below $16,000 by…

Bitcoin's value has dropped by 15 percent in the last two weeks as investors have taken advantage of the launch of the bitcoin exchange traded fund earlier this month. They are taking profits and selling their volatile cryptocurrency.…

The first US exchange-traded funds that have direct exposure to Bitcoin, the largest cryptocurrency in the world, made their long-awaited debuts on stock exchanges. On Thursday morning, nine new ETFs and 2 conversions from another…

US Securities regulator approved the first exchange traded funds that track bitcoin last night, a momentous event for the crypto industry and the world's biggest cryptocurrency. The Securities and Exchange Commission has approved…

The US Department of Justice wants more than $4bn to settle with Binance a criminal probe that has caught the world's largest cryptocurrency exchange, and its cofounder. A person with knowledge of the deal said that it would end a…

Britain announced on Monday that it will implement its first set rules to regulate crypto, requiring participants in the market to be authorised prior to offering services to consumers. Cryptoassets are still a small part of the global…

Binance suspended access to their crypto exchange for users in the UK after the watchdog of the country terminated a partnership to approve communications using its platform according to new local rules. Binance published a post that…

Binance has been blocked from marketing itself to British customers by UK regulators as part of the latest crackdown on the crypto-industry. The world's largest cryptocurrency exchange, that has often clashed against the Financial…

Binance, world's largest cryptocurrency exchange, has sold its business in Russia to a new venue launched just a day earlier. Binance announced on Wednesday that it will cease all business and exchange operations in the country within…

JPMorgan UK's bank will ban customers from buying cryptocurrency as of next month, to combat the increasing number of criminals who use digital assets to target their victims. The Chase UK ban, which was notified to customers via email…

Grayscale Asset Management has won an important court ruling over US regulators in its bid to launch an exchange traded fund that tracks the price of bitcoin, the flagship cryptocurrency token. A federal appeals court in Washington DC…

Coinbase is now able to offer retail customers crypto futures in the US. This approval comes as the cryptocurrency exchange is being sued by authorities who claim it violated securities laws. The company announced on Wednesday that…