President of El Salvador says ‘FTX is the opposite of Bitcoin’
El Salvador President Nayib Bukele proclaims Bitcoin as the opposite of FTX and likened FTX to a Ponzi scheme in the wake of the exchange's collapse on Nov. 14.
Tom Brady, Gisele Bündchen’s investment in FTX at risk following collapse
Tom Brady and Gisele Bündchen's investment in FTX may be at considerable risk following the exchange's collapse.
Bitcoin mining difficulty barely adjusts downward by 0.19% as miner pressure continues
Bitcoin mining's mining difficulty has barely budged over the past week and saw a 0.19 percent drop following the most recent adjustment on Nov. 7.
Web3 Foundation claims Polkadot’s native token DOT is software, not a security
Web3 Foundation's chief legal officer Daniel Schoenberger claims Polkadot's native token DOT is a software, not security and should not be subject to federal securities law.
SEC charges members of Trade Coin Club for operating 82K BTC crypto Ponzi scheme
The SEC alleges members of the Trade Coin Club swindled 82,000 bitcoin from investors by disgusing as a crypto trading bot that promised high investment returns.
Canada launches consultations on crypto, stablecoins, CBDCs
Canadian government announced it is launching consultations on digital currencies to review legislations to address the illicit crypto activities.
MSCI introduces digital assets classification system in partnership with Goldman Sachs, CoinMetrics
MSCI, Goldman Sachs, and CoinMetrics are jointly launching a new digital assets data system to provide institutional investors a standardized overview of digital asset performances based on their use cases.
Singapore BIS Monetary Authority and central banks of Switzerland, France explore AMMs and CBDCs
The Innovation Hub of the Bank for International Settlements (BIS) launched its latest project to explore the use of automated market makers to facilitate foreign exchange markets and CBDC payments.
Development bank of El Salvador refuses to disclose country’s Bitcoin acquisition records
The Development Bank of El Salvador, BANDESAL, turned down anti-corruption agency's request to provide the government's Bitcoin purchase and sale records for the second time.
Osmosis making enhancements to order book specific layer one network, Sei
Osmosis announced new improvements to the Sei Network and enable dapps to deploy their own central limit order books, integrate featues like frequent batch auctioning and twin turbo consensus.
Costa Rican congresswoman proposes bill to regulate, recognize cryptocurrency
Costa Rican Congresswoman Johana Obando proposed a crypto-friendly bill, titled "Cryptoassets Market Law (MECA)," to regulate and exempt crypto tax profits generated from mining activities.
Binance founder CZ confirms $500M equity investment to back Musk’s Twitter deal
Binance founder CZ confirmed a $500 million equity investment to support Elon Musk's acqusition of Twitter, describing it as "a small contribution" to help realize the new vision for Twitter.
Hong Kong Monetary Authority announces success and key findings from CBDC project, mBridge
Hong Kong Monetary Authority published a report to announce its CBDC project, mBridge's key accomplishments, use cases, and areas of improvement.
Australia confirms crypto transactions will be subject to capital gains tax
In the budget papers released on Oct. 25, the Australian government clarified that all cryptocurrency investors will be subject to a crypto gains tax on profits they made through selling or trading through a centralized exchange.
Monetary Authority of Singapore proposes new measures to regulate crypto, stablecoins
Monetary Authority of Singapore (MAS) published two consultation papers with a host of new regulatory measures to limit activities of digital payment token services, stablecoin issuers and their customers.
South Korea’s financial watchdog to monitor crypto whales on adherence to anti-money laundering laws
South Korea's Financial Services Commission will look into virtual asset exchanges and customers who hold significant portions of single-listed coins and stablecoins to prevent money laundering.
Australian watchdog launches legal action against BPS for misrepresenting ‘crypto’ token Qoin
The Australian Securities and Investment Commission stated that the company made misled more than 79,000 individuals and entities issued with Qoin tokens about the token's utility.