SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians
The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The…
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Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy
Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center…
Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam
Lightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank. Nicolas Cabrera, Lightspark’s vice president of product,…
‘Cheating Is Bad:’ Hamster Kombat Enforces Anti-Cheating Mechanism Before Airdrop
Hamster Kombat, one of the hottest clicker games on Telegram, introduced an undefined anti-cheating mechanism that penalizes users who try to game its reward system. The team highlighted the relevance…
China’s Anti-Crypto Policies Threaten to Ripple Through Its Gaming Market
Chinese authorities’ recent actions to define crypto as a money laundering tool could influence the performance of its billion-dollar gaming industry. SCMP’s Hugh Harsono argues that these measures may affect…
FBI Cracks Down on Illegal Gambling Network Using Fake Crypto
A Denver resident has been convicted of running an illegal gambling business involving several parlors across Colorado. The scheme involved electronic games and a fake cryptocurrency to conceal the exchange…
South Korea, Hong Kong Lead Crypto Market Growth in East Asia
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads…
Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies
New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20…
US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops
Congressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking…
Lawmaker Flags Concerns Over SEC’s Crypto Approach
Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertainty and a…
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