Wollito UAB

Gemini, a cryptocurrency exchange, has implemented changes in response to new regulations affecting virtual asset service providers (VASPs) in the UK.

Gemini Adapts to UK’s Travel Rule, Implements Outward Transfer Restrictions to Comply

On November 7, Gemini announced adjustments to align with the new Travel Rule regulations in the UK. These changes involve a set of global standards requiring financial institutio...

10 months ago

United States federal prosecutors have halted the bail of SafeMoon’s CEO Braden John Karony after they challenged the previous order citing a danger to the community and a potential flight risk.

Court Halts SafeMoon’s CEO Bail After Prosecutors Allege a “Danger to the Community”

Court filings show New York District Judge LaShann DeArcy Hall has paused Karony’s bail previously ordered by a Utah Magistrates the previous day. Judge Daphne Oberg, had initial...

10 months ago

South Korea has joined a group of 48 nations, calling for the promotion of an international framework for cryptocurrency reporting.

South Korea Joins Global Community for Crypto Asset Reporting Framework Push

In a significant move, South Korea confirmed its engagement on Friday to implement the international reporting framework on digital assets. The Crypto-Asset Reporting Framework (CARF) ...

10 months ago

Fees spiked to as high as 270 gwei late on Thursday, the data shows, temporarily touching a level last seen in June 2022.

Ethereum Fees Briefly Jumped to $100 After BlackRock’s ETH ETF Filing

Heightened demand for block space on the Ethereum network has made transactional activity significantly more expensive for ether (ETH) users in the past 24 hours, data from Dune Analyt...

10 months ago

The news comes a day after HSBC, one of the world's largest banks, said it plans to start a digital-assets custody service for institutional clients.

UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg

Swiss bank UBS' wealthy clients can now take exposure to three crypto exchange-traded funds (ETFs) through the lender's Hong Kong platform, according to a Bloomberg report citi...

10 months ago

Ripple had acquired Metaco for $250 million in May.

HSBC Teams Up With Ripple-Owned Metaco for Digital Assets Custody Services

British financial giant – HSBC – has announced plans to roll out a new digital assets custody service for institutional clients who invest in tokenized securities. HSBC, on...

10 months ago

Emmer Says DOJ and Treasury Should Address Crypto Regulations

Tom Emmer’s Amendments to Curb SEC Enforcement Abuses against Crypto Passes House Unanimously

Pro-crypto Congressman Tom Emmer has made progress in his efforts to limit the powers of the United States Securities and Exchange Commission (SEC) when it comes to en...

10 months ago

The move comes a month after authorities in the City updated financial regulations to allow for retail investors to buy spot crypto ETFs.

Hong Kong Now Considering Spot Crypto ETFs for Retail Investors: Bloomberg

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), is moving towards allowing retail investors to buy spot crypto Exchange Traded Funds (ETFs). &ldquo...

10 months ago

Blockchain security firm CertiK believes the $2.4 million draining of a CoinSpot hot wallet is likely the result of a “private key compromise.”

Crypto exchange CoinSpot reportedly suffers $2M hot wallet hack

Australian crypto exchange CoinSpot has reportedly been hacked for $2.4 million in a “probable private key compromise” over at least one of its hot wallets. According to a ...

10 months ago

The law would also forbid federal agencies from formulating regulations that forbid cryptocurrency self-custody.

Senator Budd’s ‘Keep Your Coins’ Act

US Senator Ted Budd (R-NC) has presented the Keep Your Coins Act, which would safeguard a person’s ability to interact with cryptocurrency assets without the assistance of a thir...

10 months ago