Wollito UAB

Although plans for a shekel CBDC have been in place since 2021, no pilot tests have since carried forward.

Israel announces plans for interest-bearing shekel CBDC

Israel’s central bank will support a new Israeli shekel central bank digital currency (CBDC) that has the option of bearing interest. In the March 11 announcement, the Bank of Is...

6 months ago

In a move aimed at bolstering ties with law enforcement in handling crypto-related crimes, Binance conducted a virtual assets law enforcement workshop for the officers of the Keelung District Prosecutors Office in Taiwan.

Binance bolsters web3 trust through law enforcement workshop in Taiwan

The event, announced on March 13, reflects Binance’s ongoing efforts to enhance safety within the web3 ecosystem and establish a more secure environment for users. The ...

6 months ago

The Polish Financial Supervision Authority (KNF) received authoritative powers to tighten the crypto market.

Poland’s Regulator Gets Authority to Block Crypto Access Ahead of MiCA Bill

The new powers will enable KNF to independently block crypto accounts for 96 hours if any suspension arises. However, in case of suspected criminal activity linked to funds in the account, the b...

6 months ago

Coinbase Sues SEC For Lack Of Crypto Rulemaking

Coinbase Sues SEC for Crypto Rulemaking Refusal, Calls for Clarity

Coinbase has filed a lawsuit against the Securities and Exchange Commission (SEC), seeking a court directive for the regulatory authority to establish clear guidelines for the cryptocurrency sec...

6 months ago

Two senior executives from cryptocurrency exchange Binance have been detained against their will by Nigerian authorities for the past two weeks.

Binance Executives Stripped of Passports, Held in Confinement by Nigerian Authorities for Two Weeks

Tigran Gambaryan, who leads Binance’s criminal investigations team, and Nadeem Anjarwalla, Binance’s regional manager for Africa based in Kenya, have been stripped of their passports...

6 months ago

U.S. Senator Cynthia Lummis said that while this shows that the government is bullish on crypto, a 30% tax would destroy the industry’s foothold in the country.

Biden resurrects 30% crypto mining tax in new budget proposal

United States President Joe Biden has revived the idea of a 30% tax on electricity used by crypto miners in his budget proposal for 2025. In a U.S. Department of the Treasury doc...

6 months ago

Elixir, a decentralized network aiming to enhance liquidity on orderbook exchanges, recently finalized a Series B funding round, reaching a valuation of $800 million.

Elixir secures $8 million in Series B funding

The round, co-led by Mysten Labs and Maelstrom, raised $8 million with contributions from entities including Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, among others.

6 months ago

Thai Regulator Gives Investment Nod as Spot Bitcoin ETFs Cleared as Securities

Thailand SEC Clears Path for Accredited Investors to Dive Into US Bitcoin ETFs

The Thailand securities regulator has greenlit asset management firms to introduce private funds tailored to invest in Spot Bitcoin ETFs. However, access to these funds will be re...

6 months ago

Crypto Firm Allegedly Transfers $4.2m To Sanctioned Russian Arms Dealer

Crypto Firm Copper Allegedly Sent $4.2M to Sanctioned Russian Arms Dealer’s Wallet

UK-based crypto firm Copper Technologies reportedly transferred digital assets totaling more than $4.2m to a wallet associated with a Russian arms dealer. Subsequently, the individual faced US s...

6 months ago

Institutions representing “trillions of dollars” in assets are expected to buy into spot Bitcoin ETFs by June this year, says Bitwise’s Matt Hougan.

Large corporations, major wirehouses gearing up to buy Bitcoin

Institutions representing “trillions of dollars in assets” are preparing to buy into spot Bitcoin exchange-traded funds (ETFs) by the end of June, said crypto-native ...

6 months ago