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Crypto currency
Bitcoin volumes surge as long-awaited ETFs debut
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 regulators’ shock move on Bitcoin
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…
Binance to pay $4bn in settlement for US criminal investigation
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 pushes ahead with cryptoassets rules
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 will stop new UK customers from using crypto exchange
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’s UK Marketing Campaign Stopped by Regulator
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, the cryptocurrency exchange, is leaving Russia
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…
Chase UK bans cryptocurrency purchases due to fraud concerns
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 scores big court win against SEC over bitcoin ETF
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 receives approval to offer crypto-futures to US retail investors
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…
Kraken ordered to turn over its users’ information to the IRS
A judge ordered the cryptocurrency exchange Kraken to provide extensive information about its users for the Internal Revenue Service to investigate under-reported tax liabilities.
The IRS wants to know about Kraken accounts which have…
Crypto proves we shouldn’t revere ‘innovation’ in its own right
The mere fact that something is "new" doesn't make it valuable or unworthy of scrutiny .Big Crypto is in the midst of a big reckoning. Following a series of spectacular Crash After the collapse of two of the largest and most profitable…
Before new regulations kick in, UK crypto ownership doubles
FCA announces that it will begin its crackdown on the 'Wild West" of finance sector on October 8, 2018. Crypto ownership more than doubled in the UK last year, the Financial Conduct Authority said on Wednesday, as it announced an October…