Following OKX's recent delisting of USDT pairs in Europe, the exchange has halted its services in India due to "local regulations," urging users to withdraw their funds by the end of April.
OKX, the world's fourth largest crypto exchange by trading volume, has delisted Tether pairs in Europe months ahead of the MiCA's adoption.
Nigeria's securities regulator now wants companies that want to operate as a digital platform in the country to pay up over $95,000 to register the business – and that's on top of other fees in the registration process lineup that crypto firms need to pay so they can do business in the country.
Taiwan will introduce a new digital assets draft law later this year as the self-governing island looks to regulate what the territory's finance regulator chief said is a "quite risky and speculative" sector.
Virginia has yet to reach the crypto-friendly levels of Colorado, Wyoming, and other U.S. states considered to have business-centric crypto ecosystems, but it is moving steadily toward embracing the sector.
Janet Yellen will urge lawmakers on Tuesday to pass legislation that will establish the regulatory framework for crypto regulation, including rules for stablecoins and spot markets.
South Korea, which previously warned local securities firms against brokering spot Bitcoin ETFs from the U.S., is expected to discuss the matter with the SEC chief Gary Gensler this year.
The nine Bitcoin ETFs collectively achieved a combined volume of $994.1 million, nearly doubling the flow observed in GBTC at $570 million.
November stood out as the month with the highest reported losses last year, totaling $363,367,327 from 45 incidents.
Bitcoin demonstrated resilience by establishing stability within the $39,000 to $40,000 range and showcased its bullish strength Friday when it saw a notable surge, closing at the $42,000 mark.
Charles Schwab's position may soon change, as it could be currently evaluating the strategic advantage of entering the market as a second mover in a space where many competitors raced to be the first, Bloomberg Intelligence analyst Eric Balchunas said.
"The need for federal legislation over cash market digital assets has never been more critical, and I will continue my call for action," the CFTC chair said.
When Vanguard made the decision to exclude the new Bitcoin ETFs from its extensive trading platform, the hashtag #BoycottVanguard quickly gained traction on the social media platform X (formerly Twitter). However, instead of yielding to the pressure, Vanguard reaffirmed its stance and remained resolute in its decision.
During this week's hearing, the Office of the U.S. Trustee, the federal entity responsible for overseeing corporate bankruptcies, advocated for keeping the cost, duration and extent of the fresh investigation open until after the examiner's appointment.
In the notice, the government explicitly outlines its intentions to liquidate the seized Bitcoin.
It is essential to highlight that certain portions of the recently unsealed letter remain redacted.
The SEC filed 13 charges against Binance, Zhao and Binance.US alleging that they deceived investors regarding its market surveillance capabilities, implying issues with transparency.
The SEC's stance on spot Ethereum ETFs appears less favorable, as it has been described as a "hard no" with reported "internal resistance to the idea."
ARKB, on its eighth day of trading, the fund experienced a notable inflow of $110.5 million, further solidifying its position as an attractive investment vehicle in the Bitcoin ETF landscape.
Grayscale Bitcoin Trust ETF (GBTC) Bitcoin balance currently stands at approximately 553,000 BTC, marking a notable decrease of approximately 12% from its peak level of 630,000 BTC.
The significant uptick in inflows for the IBIT on Tuesday marked the ETF's third-largest inflow day.
Peirce, also known as "crypto mom" in the cryptocurrency community, enthusiastically acknowledged the newfound investment opportunities unlocked with the approval of Bitcoin ETFs.
The king of crypto's continued downhill trading coincided with the transfer of approximately 15,200 BTC from Grayscale Investment's Bitcoin ETF GBTC to Coinbase worth around $590 million on Tuesday.
Among the various ETFs, Fidelity's FBTC and BlackRock's iShares Bitcoin Trust have each attracted over $1.2 billion in inflows.
Last week, Judge Jed Rakoff moved the start date of the SEC v. Terraform Labs and Kwon $40 billion fraud case trial to March 25 from the initial Jan. 29 start date, following an appeal from the crypto mogul's camp.
Malicious actors once again hit the crypto exchange platform HTX last week with a DDoS attack that lasted for 15 minutes, overloading the site and causing a brief outage.
The timeline for the anticipated ruling could potentially be delivered by the end of Q2 2024
The SEC emphasized the need for an extended evaluation period to make an informed decision regarding approval, disapproval, or the initiation of further proceedings.
The introduction of spot Bitcoin ETFs marks a significant milestone, yet many questions and challenges lie ahead for the cryptocurrency ecosystem.
When BlackRock CEO Larry Fink was asked about the possibility of an XRP ETF, he said, "I can't answer that."