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South Korea Restricts Overseas Spot Bitcoin ETF Trading Amid Regulatory Issues South Korea’s Financial Services Commission (FSC) issued a press release on January 12 highlighting potential violations in the underwriting of overseas-listed Spot Bitcoin ETFs by domestic securities firms. The...

Blockchain Association Addresses Senator Warren’s Hiring Concerns The Blockchain Association has responded to Senator Elizabeth Warren’s intense scrutiny of hiring practices in the crypto industry. This response comes on the heels of Senator Warren’s allegations last month; These allegations...

South Korea Supports Crypto ETF Ban Despite US Green Signal South Korea’s Financial Services Commission (FSC) has taken a firm stance on the Crypto ETF ban despite the approval of Spot Bitcoin ETFs in the US. FSC officials argued that developments in the US were not seen as significant in...

Shanghai’s Cryptocurrency Tax Guidelines Increase Rumors of Loosening An article published by the Shanghai Municipal Tax Service explained the taxes on digital currency transactions in China. This has led to speculation about a potential easing of China’s strict crypto ban regulations. The...

SEC Approves Spot Bitcoin ETF, Opens Door to Trading The Securities and Exchange Commission (SEC) has expedited the approval process for 11 spot bitcoin Exchange Traded Funds (ETFs). This development, initially outlined in a document currently unavailable on the SEC’s website, marks a...

HashKey COO Reveals 10 Hong Kong Firms Eyeing Crypto ETFs Livio Weng, Chief Operating Officer of HashKey, a Hong Kong-licensed crypto exchange, recently shed light on the city’s growing interest in cryptocurrency investment products. Weng in a move that signals growth in the crypto sector...

MAS Wants to Expand Investigative Authority, Swallows Bitcoin Futures The Monetary Authority of Singapore has made a strategic move to regulate digital assets more effectively, further advancing its cryptographic regulation initiative, creating a speculative buzz in the Singapore crypto...

VanEck after grayscale, Form 8A Files: Here’s What It Means ARK Investment Management and 21Shares have filed registration for the ARK 21Shares Bitcoin ETF. Earlier today, VanEck officially filed Registration of securities for the Spot Bitcoin ETF with the U.S. Securities and Exchange...

Coinbase Complies with UK Regulations with New User Risk Form Coinbase has introduced a new requirement for its UK-based customers, according to users who claim to have received an email. Now they need to fill out a risk acceptance form. aligns It complies with the UK’s Financial Conduct...

Türkiye Advances Crypto Regulation to Final Stage Report In an important step towards regulatory clarity, Turkish Minister of Treasury and Finance Mehmet Şimşek announced the final stages of legal work on crypto assets. Being aware of the increasing interest in cryptocurrency platforms...

False SEC Approval Warning – Spot Bitcoin ETF Decision Pending Due to a recent security breach, the official X (formerly Twitter) account of the US Securities and Exchange Commission (SEC) has fallen victim to unauthorized access. This incident led to the spread of misinformation on the...

Bitcoin ETF Announcement Unlikely to Disrupt Bitcoin Market The U.S. Securities and Exchange Commission (SEC) is on the verge of a critical decision regarding Bitcoin spot ETFs, and market dynamics suggest a harsh reaction is likely. K33 Research analysts Vetle Lunde and Anders Helseth to...

Singapore MAS Tightens Crypto Crackdown with New Additions to Alert List The Monetary Authority of Singapore (MAS) recently added non-custodial crypto wallet imToken to Binance‘s Investor Alert List, in a strategic move that mirrors its 2021 action against the major crypto exchange. This...

OpenAI Responds to New York Times Copyright Lawsuit Owned by OpenAI Issue A public response to a copyright infringement lawsuit filed by The New York Times. The artificial intelligence research company firmly disputes the allegations, emphasizing its commitment to lawful practices and...

UK Leads Blockchain in Securities Trading with New Regulatory Sandbox The UK financial landscape is improving with the launch of the Digital Securities Sandbox (DSS). This attemptIt marks a shift towards blockchain technology in securities trading, led by the Financial Conduct Authority (FCA)...

FCA Compliant OKX Investor Risk Surveys OKX exchange has taken a step to comply with the Financial Conduct Authority’s (FCA) new regulations in the United Kingdom. introduced A comprehensive user evaluation system Starting next week, UK-based OKX users will be subjected to a detailed investor...

Hashdex Unveils Crypto Ad Following Anticipated SEC Meeting Hashdex released a tactically timed ad as the U.S. Securities and Exchange Commission (SEC) weighs in on the future of spot Bitcoin exchange-traded funds (ETFs) in the country. This move marks an important moment in the asset...

China Raises Crypto-Induced Corruption Concerns in New Bribery Cases Local newspaper LegalDaily reported on Monday that China is facing a new wave of corruption involving cryptocurrencies. The translated report highlights the use of encrypted digital currency, cloud transfer, e-gift cards and...

DCG Clears Over $1 Billion in Debt to Creditors, Including Genesis Digital Currency Group (DCG) announced on Friday that it has successfully paid off short-term loans from its bankrupt subsidiary Genesis. This latest financial move marks a significant step forward for the firm, bringing its...

FTX Sold $100 Million in Stock to Dave for $71 Million in Court Settlement Fintech firm Dave has decided to move away from troubled crypto exchange FTX. Dave announced a plan to repurchase $100 million of convertible notes from FTX Ventures, FTX’s venture capital arm. This development comes...