Phoenix and Wasabi Leave US Market Due to Regulatory Pressure
Sanctions against Consensys and Samourai have generated an air of cynicism among service providers in the United States. On this account, several custodial wallet services providers such as
Crypto Advocacy Group Raises Concerns About Stablecoin Bill
Cryptocurrency advocacy groups have raised their concerns about the stablecoin bill. The article noted that Coin Center a crypto advocacy community voiced the concerns on behalf of investors
New Report: Millennials and Gen Z Pick Digital Assets Over Stock Trading
Policygenius conducted a new survey in a recent report. The survey asked questions from members of Gen Z and Millennials about preferences regarding crypto and stock investments based
PayPal’s USD Stablecoin Circulation Decreased by 38% in March
A latest report shared a price analysis of PayPal-issued stablecoin. As per the article, PayPal a digital payment platform, issued a new stablecoin recently with a total circulatory
Indonesia Introduces Regulatory Sandbox for Cryptocurrency Assets
The financial regulators of Indonesia have claimed that before the start of 2025, the government will mandate the regulatory sandbox. As per a Cointelegraph article, the regulators are
Genesis to Pay $21M Penalty in SEC Settlement Case
As per a Cointelegraph report, the SEC charged the firm with misconduct associated with its Gemini Earn. The firm is said to make the $21 million payment after
Grayscale to File Application for Mini Spot Bitcoin ETF
Grayscale, the biggest Bitcoin Trustee in the world, recently applied for a mini spot Bitcoin ETF. This Bitcoin Trust is set to offer investors a tax-free exposure to
Hong Kong Introduces Project Ensemble for wCBDC Tokenization
The Monetary Authority of Hong Kong (HKMA) has decided to launch a CBDC project that will tokenize deposits in asset-based transactions. This project will issue a wholesale CBDC
OKX Launches a New Trading Platform in Turkey
OKX, one of the biggest cryptocurrency exchanges in the world, has debuted trading services in Turkey. The new platform is set to offer cryptocurrency trading pairs made of
Foreign Cryptocurrency Exchanges to Face Difficulties in India
A survey conducted by Yahoo Finance in 2022 placed India as the fifth largest country in terms of Bitcoin and crypto investments. However, the Indian government has retained