Exchanges
Binance reportedly pulls out of Austria, shifts focus to MiCA compliance in Europe
Binance says its current focus is ensuring compliance with the forthcoming Markets in Crypto Assets (MiCA) regulations.
Oluwapelumi Adejumo 2 min read
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Tokenization
Crypto ETPs saw $199M inflow last week, the largest since July 2022
Bitcoin ETPs claimed $188 million or 94% of the total inflows, indicating the market has a bigger appetite for BTC than Ethereum.
Adoption
HSBC’s Hong Kong customers can now trade Bitcoin, Ethereum futures ETFs
HSBC has expanded cryptocurrency exposure to its Hong Kong customers.
Latest Featured News & Analysis
Trading
Bitcoin breaks $31k as it continues to shake off recent slumps
Bitcoin surged to a year-to-date high of $31,000, buoyed by a wave of institutional interest and exemption from recent enforcement actions.
Legal
Supreme court rules in favor of Coinbase, issues order to move user lawsuit into arbitration
The dispute at the center of the case involved a Coinbase user who filed a lawsuit against the company, alleging that the exchange had wrongfully closed his account and refused to return his funds.
Legal
FTX files complaint to retrieve $700M from “super-networker” Bankman-Fried courted for connections
FTX described SBF as a "profligate patron" of high-profile networker Michael Kives and his co-founder Bryan Baum.
Stablecoins
Stably pauses withdrawals, minting after Prime Trust halts deposits
The temporary halt is due to Prime Trust's halting of fiat and crypto deposits.
Regulation
Binance’s legal woes intensify as Brazil lawmaker seeks to question general manager
Former prosecutor-turned-lawmaker Alfredo Gaspar has called upon the legislature to summon the company's Brazilian general manager to appear in order to "provide clarifications."
Regulation
IMF warns banning crypto may not be an effective long-term strategy
The IMF said CBDCs present a more appropriate choice over crypto, particularly in Latin American and Caribbean countries.
