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Understanding Wells Notice in Crypto Regulation
November 2, 2024
A Wells Notice is an important procedural instrument used by the United States Securities and Exchange Commission (SEC) to notify individuals or firms that the agency is planning to bring …
Read moreGotbit CEO Faces DOJ Indictment for Alleged Wash Trading Scheme
November 2, 2024
The United States Department of Justice has announced an indictment against Aleksei Andriunin, the founder and CEO of the crypto financial services firm Gotbit. Andriunin faces severe accusations of orchestrating …
Read moreStrive Incorporates Bitcoin into Wealth Management Strategy
November 1, 2024
Strive Enterprises, a financial services firm co-founded by Vivek Ramaswamy, has announced the integration of Bitcoin into client portfolios through its newly launched wealth management division. The firm aims to …
Read more21Shares Files for XRP ETF Amid Regulatory Challenges
November 1, 2024
In a bold move that sees the continued interest in the cryptocurrency domain, asset management company 21Shares has filed for a spot XRP Exchange-Traded Fund (ETF) with the U.S. Securities …
Read moreBitcoin Tumbles Below $70k Triggering Massive Liquidations
November 1, 2024
Bitcoin has faced a notable downturn, slipping below the significant $70,000 mark amid intense market volatility. The cryptocurrency had surged to $73,620 before retracting to $68,830, experiencing a decline of …
Read moreMonthly Crypto Roundup: Key Developments in Tokenization, ETFs, and Regulatory Changes
November 1, 2024
1. US Treasury Evaluates Impact of Tokenization and StablecoinsThe US Treasury Department released a report analyzing tokenization and stablecoins' potential in transforming financial markets. It highlights the benefits and risks …
Read moreUnderstanding Tokenization and Stablecoins: Transforming Financial Markets
November 1, 2024
The concept of tokenization involves transforming tangible assets into a digital format to be managed on a blockchain. As this practice grows within financial markets, it promises significant efficiency gains, …
Read moreSEC Intensifies Scrutiny on Immutable Amidst Crypto Crackdown
November 1, 2024
The US Securities and Exchange Commission (SEC) has heightened its enforcement actions against crypto entities, with Immutable, a blockchain gaming platform, emerging as its latest target. On October 31, Immutable …
Read moreGlobal Crypto Regulatory Developments: Russia and Nigeria Take Firm Stances
October 31, 2024
The global cryptocurrency landscape continues to evolve as nations address the challenges and opportunities presented by digital currencies. In recent developments, Russia and Nigeria have each taken decisive steps to …
Read moreTron Partners with Chainlink, Tether Surges Minting on Tron Network
October 31, 2024
The cryptocurrency landscape sees significant movements as Tron and Chainlink collaborate to enhance Tron's DeFi ecosystem while Tether experiences a large minting surge on the Tron network. Tron's alliance with …
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