Honduras’ Próspera Zone recognizes Bitcoin as an official unit of account
Próspera Zone in Honduras officially recognizes Bitcoin as a unit of account, expanding financial freedom. Acting manager Jorge Colindres leads...
Regulation
India issues compliance notices to nine offshore exchanges including Binance
India issues show-cause notices to Binance, Kucoin, and others for PMLA violations. Finance Ministry urges blocking URLs of offshore exchanges...
Argentina’s President Milei proposes incentives for declaring crypto holdings
Argentina’s President Milei proposes tax incentives in a draft bill for crypto regularization. Asset regularization scheme offers favourable rates, encouraging...
South Korea to disclose top officials’ crypto holdings in 2024 as new crypto exchange launches
South Korea transforms transparency: 5,800 officials disclose assets, incl. crypto, via PETI. Pullix disrupts crypto exchange norms: PLX token presale,...
SEC asks for final changes to spot Bitcoin ETF filings: Report
The US Securities and Exchange Commission (SEC) has set December 29, 2023 as the date for final changes to spot...
Bulgaria closes investigation into Nexo citing no criminal activity
Bulgarian prosecutors have ended the criminal investigations into crypto lender Nexo. A report published on Friday said authorities had found...
BlackRock, ARK revise Bitcoin ETF plans along SEC’s cash-only model
Major applicants for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States are amending their filings to comply...
FTX loses $53K every hour on ‘bankruptcy fees,’ latest filings show
In the three months ending Oct. 31, defunct crypto exchange FTX has been burning through approximately $53,000 every hour on...
FTX debtors assess value of crypto claims based on petition date market prices
The debtors of the now-defunct cryptocurrency exchange FTX have filed an amended Chapter 11 plan of reorganization which proposes that...
Ripple exec predicts crypto landscape shifts in 2024
Ripple chief legal officer Stuart Alderoty has shared insights on the future of the cryptocurrency landscape in 2024. He discussed...
Ripple issues white paper on CBDCs, reiterates belief in their potential
Ripple has doubled down on its public support for central bank digital currencies by issuing a white paper on CBDCs....
Gemini creditors revolt over ‘brutal’ Bitcoin slashing reorg plan
Gemini Earn creditors are fuming over a proposed reorganization plan that could see their promised Bitcoin (BTC) payouts effectively slashed...
ECB assesses environmental footprint of cash, sees room for improvement
The European Central Bank (ECB) has taken a look at the environmental impact of using banknotes and discovered 16 environmental...
Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval
Starting January 29, 2024, Google will allow US-based crypto trusts to advertise on its platform. Advertisers looking to promote crypto...
UK FCA crypto skills gap is causing slow enforcement, says National Audit Office
The National Audit Office (NAO) in the United Kingdom has raised concerns about the effectiveness of the Financial Conduct Authority...
US gov’t removes two crypto AML rules from national defense bill
The United States government has eliminated two provisions from the National Defense Authorization Act (NDAA) that were designed to address...
Less than 2% of El Salvador’s population holds crypto: Report
In spite of the continuous efforts by the government of El Salvador to promote widespread cryptocurrency adoption within the nation,...
Binance founder CZ must stay in US until sentencing, judge orders
Binance founder Changpeng “CZ” Zhao has been ordered to stay in the United States until his sentencing in February, with...
Hong Kong bans two crypto sites for misleading investors
Hong Kong’s Securities and Futures Commission (SFC) banned the two crypto websites for scamming users. HongKongDAO and BitCuped were blocked...
DEBT Box urges judge to toss suit as SEC got case ‘badly wrong’
DEBT Box and other defendants in a Securities and Exchange Commission lawsuit want the case tossed after the court found...
IRS team reports rise in crypto tax investigations
The Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the number of investigations...
Bitcoin is of ‘national strategic importance’ says US Space Force officer
The United States needs to formally investigate using proof-of-work networks such as Bitcoin (BTC) to protect the country from cyber-inflicted warfare,...
