Dubai VARA grants ‘initial approval’ to crypto firm WadzPay
The license allows WadzPay to begin preparing to provide virtual asset services and activities under the VASP License for Transfer and Settlement and Broker/Dealer activities.
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Hester Peirce speaks out against LBRY enforcement action: ‘The market could have decided’
The SEC commissioner said the regulator’s actions “forced a group of entrepreneurs to abandon what they built,” with LBRY announcing in October it planned to wind down operations.
US lawmakers discuss digital assets and the House gets a new Speaker
With the election of Mike Johnson as speaker of the U.S. House of Representatives, Congress will once again be able to move forward on crypto bills.
Pro-crypto lawmaker Tom Emmer ends hours-long speaker campaign: Report
The Minnesota congressman was one of only a few crypto proponents in Congress being considered as a possible speaker of the House by Republican lawmakers.
Sam Bankman-Fried goes on trial: A week in review
The trial of former FTX CEO Sam Bankman-Fried started on October 3. Four witnesses explained to jurors how $8 billion in funds from customers went missing.
Retail stablecoin trading in Hong Kong not allowed yet, official says
Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024.
Bitcoin mining restricted to legal entities in Uzbekistan: Official
Cryptocurrency mining in Uzbekistan can only be carried out by legal entities with the use of solar power, the local crypto watchdog has reiterated.
Industry leaders and policymakers weigh in on a potential US gov’t shutdown
A U.S. government shutdown is not inevitable, but even if one lasts for just hours or days, lawmakers’ priorities on their return may not be digital assets.
FTX’s $3.4B crypto liquidation: What it means for crypto markets
Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation…
SEC delays spot Bitcoin ETF decision for BlackRock, Invesco and Bitwise
Invesco, Bitwise and Valkyrie were also hit with delays by the U.S. Securities and Exchange Commission.
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