Category: Regulation
Binance Lawsuit Has Potential To Cause Problems For Crypto Markets
The issue of poor liquidity in the cryptocurrency markets has been an ongoing problem since the infamous collapse of FTX back in November. However, this…
UK Treasury Scrapping Plans to Develop Government-Backed NFTs
A March 27 publication from the UK Treasury announced that the government would distance itself from developing non-fungible tokens (NFT). In 2022, prime minister Rishi…
Crypto Lender BlockFi Refunding Over $ 100000 to California Customers
The now-defunct crypto lender BlockFi has announced plans to return assets worth $100000 to California users. The BlockFi team issued the refund proposal to the…
Voyager’s $1Billion Digital Sale to Binance Suspended by the New York Court
A district court in New York has temporarily suspended the acquisition of bankrupt crypto brokerage firm Voyager by Binance. The leading crypto exchange Binance and…
Money Market Funds Surge to $286 Billion Following Massive Withdrawals from Banking Industry
Following the collapse of Silvergate Capital, the investors have rerouted their substantial assets to the money markets. In the last two weeks, investors have flooded…
Fujitsu Seeking Trademark Approval to Pursue Crypto Trading Opportunities
The leading tech firm in Japan, Fujitsu, plans to invest in crypto to provide investors with digital brokerage services. The tech firm has submitted a…
Tim Draper Encourages Businesses and Investors to Invest in Crypto Assets
The prominent venture capitalist Tim Draper has urged fast-growing businesses to invest their assets in crypto. Draper issued a report on March 25 urging the entrepreneurs…
Everything You Need To Know About Crypto ETFs
Introduction If you have a basic idea of the crypto market and have been following the news for a while now, you might already know…
Regulators in Venezuela Shutting Down Crypto Exchanges and Mines
A report from the Venezuela National Superintendency of digital assets dated March 24 reveals that the regulators will sunset some crypto firms and mines within…
Tether Predicts $700 Million Profit in Q1 Amid Ongoing Regulatory Controversy
On March 24, the leading issuer of stablecoin Tether owned a $1.6 billion reserve to support the performance of USDT. During the first quarter of…
