Category: Regulation
FTX EU Office Launching Online Withdrawal Portal to Refund European Customers
A report from the FTX European office revealed the affected customers would be allowed to make withdrawal requests through a newly launched website. On March…
XRP Trading Volume Increases By Billion of Dollars on Crypto Exchanges in South Korea
A report from the leading South Korean-based crypto exchanges UpBit, Korbit, and Bithumb experiencing an increase in the XRP trading volumes. In the last trading…
Gemini Launching Crypto Derivatives Exchange for Issuing Perpetual Futures to Global Traders
A publication on the crypto exchange Gemini platform dated March 29 revealed plans to launch an innovative cryptocurrency derivatives platform. The report stated that the…
Algorand Foundation Enters Indian Market to Promote Web3 Growth
On March 28, the Singapore-based blockchain platform Algorand Foundation launched a new office AlgoBharat in India. The team behind the AlgoBharat project revealed that the…
European Banking Federation Revealing Digital Money’s Vision
The popular representative for banks, the European Banking Federation (EBF), issued a well-structured report on March 28 outlining the roadmap for digital money. The report…
Federal Reserve Decline Application For Inspection, As Pro-crypto Custodia Bank Experience Setback
The latest information from the cryptocurrency industry says that Caitlin Long’s pro-cryptocurrency Custodia bank application has been declined. Earlier this month, the company had applied…
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…
