Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 5, India’s Enforcement Directorate (ED) seized assets worth $4.8 million (₹42.8 crore) as part of an ongoing investigation into a major crypto fraud case. The assets belonged to Chirag Tomar, an… Continue reading India Seizes Assets of Man Convicted in U.S. $20M Crypto Fraud Case
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 4, the U.S. Commodity Futures Trading Commission (CFTC) introduced a new initiative that allows registered exchanges to offer trading in spot crypto contracts. Under this program, exchanges designated as Designated Contract… Continue reading Registered Exchanges Can Now List Spot Crypto Contracts, Says CFTC
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 1, the U.S. Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) launched the “Crypto Sprint” initiative in response to the White House’s recent report on digital assets.… Continue reading CFTC, SEC Kick Off ‘Crypto Sprint’ Effort to Provide Regulation Clarity
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On July 31, Strategy’s Executive Chairman Michael Saylor renewed his call for clear and consistent crypto regulation in the U.S. He stressed the need for a formal framework to define and categorize crypto… Continue reading Michael Saylor Presses for a Defined U.S. Framework on Crypto Regulation
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On July 30, the Central Bank of Bolivia signed a landmark agreement with El Salvador’s National Commission of Digital Assets to recognize crypto as a viable and trustworthy alternative to traditional fiat currency.… Continue reading Bolivia Labels Crypto a Viable Alternative to Fiat in El Salvador Deal
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Bank of Korea (BOK), South Korea’s central bank, has formed a dedicated virtual asset team within its Financial Payments Bureau to regulate the growing cryptocurrency and stablecoin market. This move comes as… Continue reading Bank of Korea Forms Virtual Asset Unit to Oversee Crypto and Stablecoin Regulations
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On July 28, PayPal introduced Pay with Crypto, a new checkout feature that allows businesses in the United States to accept payments in over 100 cryptocurrencies. Each transaction is converted immediately into U.S.… Continue reading PayPal Rolls Out Crypto Payment Option for U.S. Businesses
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A grand jury in Denver District Court indicted Eligio “Eli” Regalado and his wife, Kaitlyn Regalado, on 40 felony charges, including theft, racketeering, and securities fraud. Between January 2022 and July 2023, the… Continue reading Grand Jury Indicts Denver Pastor and Spouse Over $3.4 Million Crypto Scheme
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Following the passage of the GENIUS Act by the US House of Representatives, early signs of its impact are already showing across the crypto industry. The total value of stablecoins in circulation has… Continue reading Stablecoin Supply Soars by $4B Following US Crypto Legislation
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The U.S. Securities and Exchange Commission (SEC) has abruptly paused Bitwise’s plan to convert its over-the-counter (OTC) crypto index fund into a spot exchange-traded fund (ETF), just hours after the application received initial… Continue reading US SEC Greenlights Bitwise ETF Conversion, Then Halts It Immediately
