FTX Trading has filed a lawsuit against its founder, Sam Bankman-Fried, and several former executives. The lawsuit aims to recover over $1 billion that they are...
The U.K. Financial Conduct Authority (FCA) has announced the permanent launch of its Digital Sandbox on 1 August 2023, following two successful pilots. The Sandbox will...
Terraform Labs has appointed Chris Amani as its new CEO, following the resignation of the previous CEO, Do Kwon, who is currently imprisoned and facing legal...
The Federal Reserve has officially launched its highly anticipated new instant payment service, FedNow. This service is now available for banks and credit unions of all...
The Shanghai government has issued new guidelines to encourage the adoption of blockchain, the metaverse, and digital yuan in various industries across the city. Market participants...
Kuwait, a country located in the oil-rich Persian Gulf, has recently announced a complete prohibition on virtual assets as a form of payment or investment. This...
The cryptocurrency market has been in a downturn tagged the bear season. This is characterized by a continuous decline in the price value of tokens. While...
As the cryptocurrency market continues to grow, the Coinmarketcap (CMC) report for H2 2023 highlights several trends and developments that could shape the industry in the...
Myanmar’s first entirely crypto-based banking institution, the Spring Development Bank, is set to launch on July 22, offering increased access to financial services and funding for...
Senators Gillibrand and Hawley are presenting a bipartisan bill that prohibits executive and legislative branch officeholders, as well as their families, including Congress members, from owning...