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The former UK Chancellor of the Exchequer, Lord Philip Hammond, has refuted claims that he was involved in unauthorized lobbying activities for the cryptocurrency company Copper. Currently, he is the chairman of Copper, a crypto firm based in Switzerland. His tenure at the company began in January of the previous year, initially serving as an […]

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On Tuesday, the Securities and Exchange Commission approved a final rule that DeFi advocates criticize as “hostile” to the sector. This rule might force projects to register as dealers. The U.S. Securities and Exchange Commission (SEC) broadened its definition of a dealer today, aiming to encompass a wider range of financial operations under its jurisdiction. […]

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Binance to Delist Four Tokens on February 20th Binance, one of the world’s leading cryptocurrency exchanges, has announced the delisting of four tokens: Aragon (ANT), Multichain (MULTI), Vai (VAI), and Monero (XMR). The decision comes as part of Binance’s routine review process, ensuring that listed digital assets meet stringent standards. Delisting date set On February […]

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South Korea’s Financial Supervisory Service (FSS) Director Lee Bok-hyun plans to visit the United States later this year. During the trip, he will meet with SEC Chairman Gary Gensler to discuss matters concerning the cryptocurrency industry and Bitcoin Exchange-Traded Funds (ETFs). Plans for Talks with the SEC The announcement of this visit was made during […]

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The Nigerian government has imposed a substantial fine of $10 billion on Binance as part of its efforts to stabilize the country’s local currency. Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu, disclosed this fine in an interview with the BBC, as reported by Premium Times on Friday. According to Onanuga, […]

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Polygon Labs, the primary architects of the blockchain scaling network Polygon, released a research paper on Monday outlining their perspective on government regulation of the DeFi sector. With voices of concern echoing from the Treasury Department to the U.S. Senate, policymakers have been vocal about the potential misuse of cryptocurrencies for activities such as money […]

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Grayscale’s Bitcoin Trust (GBTC) has been in the spotlight recently as it has moved over 19,000 bitcoin (BTC) from its publicly known wallet on a Wednesday morning. This movement of digital assets comes in the wake of the launch of spot bitcoin exchange-traded funds (ETFs) on January 11. Since that date, Grayscale has shifted nearly […]