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The Turkish government is set to establish legal definitions for key cryptocurrency concepts, regulate trading platforms through licensing, and align with the standards of the Financial Action Task Force (FATF).
In an interview with the Anadolu Agency on Jan. 10, Turkish Minister of Treasury and Finance Mehmet Şimşek confirmed that the cryptocurrency framework tailored for the Turkish market i...
8 months ago
The embattled crypto lender has filed an intent to claw back funds from those who withdrew $100,000 or more in the three months before it declared bankruptcy.
Creditors of the bankrupt crypto lender Celsius that withdrew large sums from the platform before it declared bankruptcy may be required to return part of those funds or face legal action. ...
8 months ago
Regulators Working to Allow Retail Investors to Buy Spot ETFs
While 13 Bitcoin spot ETFs await approval from the US SEC, the Chief Operating Officer of HashKey Group, Livio Weng, has revealed that about ten fund companies are currently preparing to la...
8 months ago
BitGo was also recently named by Hashdex as the custodian in its application to become an issuer of a spot exchange-traded fund.
Crypto custodian BitGo was granted in-principle approval to operate as a Major Payment Institution (MPI) in Singapore, it said in a Wednesday email. The license from the Monetary Autho...
8 months ago
Bitcoin jumped briefly on Tuesday after a post on the US markets regulator's X account (formerly Twitter) said it had approved new so-called exchange-traded funds (ETFs) in the cryptocurrency.
The Securities and Exchange Commission (SEC) later deleted the post and said its account had been "compromised". The social media platform has said the compromised account wa...
8 months ago
SEC Backed into Corner
Spot Bitcoin exchange-traded fund (ETF) fee war has commenced before the US Securities and Exchange Commission (SEC) has even approved the product. Spot Bitcoin ETF fees are as follows...
8 months ago
According to data, crypto and digital payments companies paid nearly $6 billion in fines in 2023 for shortcomings in customer checks and anti-money laundering controls violations.
Crypto and fintech groups faced fines exceeding those of the entire traditional financial system in 2023, the Financial Times reports, citing data compiled by software provider Fenergo. Dat...
8 months ago
Bit24.cash – “Wholly Untrue”
Iranian crypto exchange Bit24.cash users reportedly suffered a significant data breach exposing sensitive data of nearly 230K citizens. However, the exchange dismissed the allegation as “w...
8 months ago
The encrypted data was inscribed over 332 transactions with fees ranging from $14 to $2,500 in satoshis, but the motive is still a complete mystery.
An unidentified Bitcoiner has just spent approximately $64,000 in fees to inscribe nearly 9 megabytes of raw binary data on the Bitcoin blockchain. According to a Jan. 7 post on X (for...
8 months ago
Security experts issue warnings as malicious actors distribute fake Calendly bot clones on X, posing as crypto journalists.
According to an X post from blockchain security firm SlowMist, con artists are targeting Chinese-speaking victims by pretending to be crypto journalists. The scammers se...
8 months ago
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