Tether’s transparency and business structure raises $118B FTX-like concerns

Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden administration when crypto and tech founders were allegedly denied banking services, according to Coinbase chief legal officer Paul Grewal. The collapse of crypto-friendly banks in early 2023 sparked the first allegations of Operation Chokepoint 2.0.

BlackRock, a global investment firm with $11.5 trillion in assets under management, has added its Bitcoin exchange-traded fund (ETF) to its model portfolio product, according to a Feb. 28 report from Bloomberg. Portfolios that allow for alternative assets will be able to put a 1%–2% allocation into the firm’s iShares Bitcoin ETF Trust (IBIT), potentially

Bitcoin (BTC) price has again punched through the $13,000 mark after yesterday’s PayPal’s announcement sparked a powerful rally which drove the price to a new 2020 high. Currently sitting near $13,100, Bitcoin price has rallied nearly 10% since the announcement and BTC is now close to overtaking PayPal as the 21st biggest asset by market capitalization.PayPal’s…

India’s supreme court has slammed the country’s central bank over its handling of a cryptocurrency business ban and ordered it to address complaints.Judge: RBI has not properly responded to representationIn the latest session of an ongoing hearing into the actions of the Reserve Bank of India (RBI) on Aug. 21, the Court ruled officials had…

India's WazirX has launched an NFT marketplace for the exchange of digital assets. The launch comes after a strong month for the exchange's in-house WRX token. 2186 Total views 25 Total shares India’s largest cryptocurrency exchange, WazirX, has launched a nonfungible token marketplace for the exchange of digital art, assets, intellectual property and more, reports…

On Sept. 14, United States President Joe Biden revealed his picks to fill two vacant seats at the United States Commodity Futures Trading Commission (CFTC). In addition, the president nominated Rostin Behnam, who has run the derivatives regulator as acting chairman since January, to assume the office on the permanent basis.The appointments are unlikely to…

Voyager Digital is expected to roll-out their mobile trading platform in Europe in Q1 2022. 422 Total views 13 Total shares Cryptocurrency platform Voyager Digital has been granted an official licensing approval from French regulatory bodies Autorité des marchés financiers and the Autorité de contrôle prudentiel et de résolution to facilitate a trading platform of…

Tuesday, Feb. 5 —  cryptocurrency markets are trading sideways and reporting mild losses. Bitcoin (BTC) is struggling to stay in the green, while other major coins are experiencing a downward trend.Market visualization from Coin360The leading digital currency BTC is trading at around $3,468 at press time, having gained a modest 0.16 percent on the day.…

CZ’s charges are serious, justified, and “sent a message” to the industry that compliance “must be taken seriously,” says lawyer and RMIT lecturer Dr. Aaron Lane.