Michael Moro, the former CEO of Genesis Trading, is set to lead Ankex, a newly established cryptocurrency derivatives exchange. Ankex, which emerged from the incubation phase within Qredo, a crypto…
Coinbase, the leading cryptocurrency exchange in the United States, has adopted a legal argument previously put forth by Ripple in its ongoing battle against the Securities and Exchange Commission (SEC). Legal…
In a significant move that reflects the country's growing support for cryptocurrencies, Slovakia's National Council of the Slovak Republic has approved a proposal to lower taxes on crypto transactions. The…
Germany's financial regulator, BaFin, has reportedly denied Binance's application for a custody license. The denial, as reported by FinanceFWD, remains unconfirmed whether it is a formal decision or an intention…
Former New York Stock Exchange (NYSE) broker has been directed by a federal court to pay a staggering $54 million in damages and penalties for orchestrating a fraudulent cryptocurrency trading…
The Israeli government, with the assistance of crypto investigations firm Chainalysis, has successfully seized approximately $1.7 million in cryptocurrency from wallets associated with the Iranian military and Hezbollah, a Lebanon-based…
The Law Commission of England and Wales has recommended the classification of digital assets, including cryptocurrencies, under a new category of personal property. In its final recommendation report to the…
Voyager Digital, an erstwhile brokerage firm, is facing a financial burden as it goes through the bankruptcy process. The company is set to pay its legal advisor, Kirkland & Ellis,…
Bybit, a prominent cryptocurrency exchange, is making significant strides in its global expansion efforts as it secures regulatory licenses in multiple countries. The latest development involves Bybit receiving the Minimum…
European Union (EU) lawmakers have reached an agreement on the capital requirements for banks holding cryptocurrencies. The agreement, which encompasses a transitional regime until comprehensive reforms are implemented, aims to…