OPNX Issues Governance Token, Native Token FLEX Hikes 20%
Open Exchange (OPNX) has issued a new governance token for its bankruptcy claims exchange. The exchange’s native token FLEX added 20%...
Ethereum
Circle Removes U.S. Treasuries From USDC Reserve Fund Amid Debt Ceiling Concerns
Circle has ditched all U.S. Treasury bonds from the $24 billion reserve fund that backs its USDC stablecoin. The stablecoin issuer...
The continuing evolution of public Ethereum as a business platform
by Tom Lyons In our Ethereum Business Readiness Report, published last June, we highlighted the ongoing maturation of the public...
Binance Faces Probe By Canadian Securities Regulator
Binance is reportedly being probed by the Ontario Securities Commission.The investigation is to determine if the crypto exchange attempted to...
Landmark MiCA Law Officially Signed By EU Policymakers
Summary: European Union lawmakers officially signed the bloc’s Markets in Crypto Assets (MiCA) bill meant to standardize digital asset businesses...
UAE Strengthens Crypto Oversight With AML/CTF Rules, Policymakers Talk With Hong Kong Regulators
Summary: The Central Bank of the United Arab Emirates published rules for businesses and institutions interacting with cryptocurrencies and digital...
Trust Reserve CNHC Stablecoin Team Detained In China: Report
Summary: Law enforcement in China arrested the Trust Reserve team behind a Yuan-backed stablecoin and another token backed by the...
Former Coinbase Manager And U.S. SEC Agree To Settle Insider Trading Charges
The SEC has agreed to settle insider trading charges filed against a former Coinbase manager and his brother. The duo was...
FTX Prosecutors May Drop Criminal Charges Against Sam Bankman-Fried
U.S. prosecutors have stated that they may drop some of the criminal charges filed against Sam Bankman-Fried. The charges would be...
Binance May Allow Institutional Clients To Keep Collateral At A Bank
Binance is exploring a plan to allow some of its traders to keep their trading collateral at a bank. The crypto...
Tether Ups Bitcoin Bet With BTC Mining In Uruguay
Summary: Tether plans to tap into Uruguay’s renewable energy ecosystem and mine Bitcoin (BTC), crypto’s largest token by market cap.The...
Russia Drops Plan To Launch National Crypto Exchange
The Russian government has abandoned the plan to launch a national cryptocurrency exchange. The country will instead establish a regulatory regime...
Binance Looking To Invest In Banks To Encourage Pro-Crypto Policies
Binance is looking to invest in banks and become a minority investor in traditional financial institutions. CEO Changpeng Zhao aims to...
Hong Kong Considers Huobi HK Crypto License After Unveiling Regulations
Summary: Huobi HK applied for a virtual asset exchange license after setting up shop locally in Hong Kong.The new division...
SEC Lawsuit Against Gemini And Genesis Challenged In Court
Summary: Gemini and Genesis moved to throw out a lawsuit built on securities violation claims made by the U.S. Securities...
