Market
Exchanges
Hong Kong approves 4 new crypto trading platform licenses in regulatory push
The licensed platforms must meet rigorous standards and undergo evaluations to ensure compliance with global security practices.
Legal
ASIC sues Binance Australia over investor misclassification and protections
ASIC claims Binance denied over 500 retail investors necessary safeguards by misclassifying them as wholesale clients.
Crypto
Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation
House Bill 703 aims to position Ohio as a leader in adopting Bitcoin to counteract currency inflations.
DeFi
Polygon accuses Aave of monopolistic practices amid DeFi dispute
Aave accused of leveraging centralized governance, stifling innovation in Web3 landscape.
People
Charles Hoskinson urges Cardano Foundation to leave Switzerland for community-driven governance
Hoskinson eyes jurisdictions like Abu Dhabi and Wyoming to redefine Cardano Foundation's governance model.
Exchanges
Coinbase ranks fifth globally in exchange revenue, surpassing Nasdaq and CBOE
Coinbase, the largest US-based crypto trading platform, captures 11% of global exchange revenue.
Regulation
ESMA unveils final guidance for MiCA as Europe braces for crypto regulation rollout
ESMA's guidelines clarify crypto-asset service provider responsibilities and cross-border protocols.
Regulation
Nigerian SEC warns influencers of new 3 year jail term for promoting ‘unlicensed’ crypto
Nigeria toughens crypto oversight by banning anonymous coins and urging stricter control over asset promotions.
Crypto
EU urged to follow El Salvador’s lead with Bitcoin reserves by European MP
European MP Sarah Knafo advocates for Bitcoin as a safeguard against centralized digital currency risks.
Regulation
Hong Kong’s path to crypto-friendly leadership expands with tax framework adoption
The tax framework aims to curb crypto tax evasion and enhance Hong Kong's financial integrity.
ETFs
Bitcoin ETFs top gold in total assets within a year of launch
BlackRock’s IBIT dominates Bitcoin ETF market with $54 billion in assets.
Crypto
US government recovers $3.5 million in Bitcoin to reimburse cyber fraud victims
The authorities said Bitcoin recent price increase would aid their efforts to reimburse the fraud victims.
