South Korea devises law for constant scrutiny of 600 crypto tokens

On June 26, $675 million worth of Bitcoin options expired, while industry experts remain divided on its potential effect on price volatility. Some believe the record expiration date will cause Bitcoin (BTC) to see a large price movement.With less than 24 hours until the highly anticipated expiration, Bitcoin’s price dropped by 7% on a single…

Metaplanet, a Japanese Bitcoin treasury company, has purchased an additional 150 Bitcoin (BTC), bringing it one step closer to its plan of acquiring 21,000 BTC by 2026. The March 18 purchase cost an aggregate 1.88 billion yen ($12.6 million) or $83,671 per Bitcoin. The purchase brings Metaplanet’s total holdings to 3,200 BTC worth $261.8 million

Once dominated by young and savvy retail investors, the cryptocurrency market has seen increasing interest lately from institutional investors and large fintech firms. For instance, Grayscale Investments most recently added 19,879 Bitcoin (BTC) to its Bitcoin Trust, bringing the firm’s total volume of the predominant cryptocurrency close to a whopping 400,000.The investment firm further noted…

Alchemy Pay has partnered with a local fintech in Indonesia to offer low-cost remittances for crypto users. 152 Total views 15 Total shares Own this piece of history Collect this article as an NFTAlchemy Pay has obtained a license from the central bank of Indonesia to operate remittances and fund transfers in cooperation with local…

During a speech at a banking conference in DC, acting comptroller Michael Hsu cited FTX an example of why a “consolidated home country supervisor” is needed. 472 Total views 27 Total shares Own this piece of history Collect this article as an NFTCryptocurrency firms operating multiple entities in different countries should be overseen by one…

"There are no refunds. All sales of Trump Digital Trading Cards are final," developers wrote. 205 Total views 7 Total shares Own this piece of history Collect this article as an NFTA second collection of nonfungible tokens (NFTs) licensing the name and image of former United States President Donald Trump sold out on Apr. 19,…

The Fed and FDIC allege that Voyager “made various representations online" that its funds were FDIC insured. 161 Total views 38 Total shares Cypto lender Voyager Digital has been directed to remove “false and misleading” statements that its user’s deposit accounts are FDIC insured.In a joint letter written on July 28 by Seth Rosebrockfrom &…

Bitcoin (BTC) scooped liquidity at new lows on Jan. 7 as 2022 continued to deliver uninspiring price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC price should close above $42,400Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting its lowest levels since September overnight and reaching $40,938 on Bitstamp.The pair had initially bounced at $42,000…

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.  It was a quiet week in the mainland as much of the Chinese crypto community was either lying low, off in Lisbon, or recovering…