Indonesia Introduces Regulatory Sandbox for Cryptocurrency Assets

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

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 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

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 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

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

South Korea to Shut Down Unfit Cryptocurrency Exchanges in 2024

South Korea to Shut Down Unfit Cryptocurrency Exchanges in 2024

The Financial Intelligence Unit of South Korea recently announced amending regulatory requirements for cryptocurrency trading platforms operating in the country. However, the regulators have plans to tighten the

FTX Estate Unloads Majority of Grayscale Bitcoin Trust Holdings

FTX Estate Unloads Majority of Grayscale Bitcoin Trust Holdings

FTX holdings in GBTC amounted to 22.28 million shares, with over two-thirds liquidated during the initiation of spot ETF trading. FTX Estate Rapidly Sells Off GBTC Shares The

VanEck to Delist Bitcoin ETF Due to Lack of Investor Interest

VanEck to Delist Bitcoin ETF Due to Lack of Investor Interest

The choice to delist the VanEck Bitcoin Strategy ETF occurred about a week following the approval granted by the SEC for the inclusion of shares from its spot

Apple’s App Store Removes Binance and 9 Other Crypto Exchanges in India

Apple’s App Store Removes Binance and 9 Other Crypto Exchanges in India

Apple’s App Store has recently barred access to nine cryptocurrency exchange apps including Binance in India. This action follows the Ministry of Finance’s alert targeting around twelve foreign