MAS said that only stablecoin issuers meeting the requirements of the newly introduced guidelines would only be considered for regulation.
Prime Trust announced its intention to present a series of motions to the court.
Aside from the Grayscale Bitcoin Spot ETF, the SEC is also reviewing other Bitcoin ETF proposals.
Morgan Stanley analysts find a strong visibility for Nvidia for the next 3-4 quarters amid the AI boom.
SEC’s requests have not been limited to the discovery of Binance’s custody, security and availability of customer assets alone.
Hut 8 Mining reported a revenue of about $19.2 million in Q2, a significant decline from $43.8 million recorded in the same period last year, mainly caused by increased mining difficulty.
Bitcoin price has oscillated around $29k in the past five months despite the ETF frenzy and crypto regulatory clarity in the United States.
In his role, Alex Chriss will replace Daniel Schulman who decided to leave the company in February, with retirement effective from December 31, 2023.
Prior to the fall of FTX in November 2022, SBF stated that he intended to donate between $100 million and $1 billion to political campaigns influencing the 2024 elections.
The new Celsius company will operate Celsius’ mining operations while taking over private equity, institutional loans, and venture capital investments.
It is very likely that Kraken Ventures will support many projects rather than making a few large-sized investments.
The RBZ Governor revealed the bank’s plan to launch a national awareness campaign to drive the adoption of the asset.
The investor letter noted that CoinDesk has enlisted the expertise of financial advisers to facilitate the process of onboarding new institutional and strategic investors, in collaboration with DCG.
The collaboration between FedNow and Dropp has garnered mixed reactions from the crypto community.
Foxconn sees sluggish demand for electronics within the global economy for the rest of the year and thus it has reduced its revenue estimates.