Category: Crypto news
New UK Crypto Rules – OKX Complies Ahead of the Deadline
In a swift response to the impending UK crypto regulations set to effect on 8 January 2024, cryptocurrency exchange OKX […]
USDT – Tether Mints Billion USDT Amidst Market Skepticism
On December 25, Tether minted $1 billion USDT, a move they called “inventory replenishment” on the Ethereum blockchain. As Tether’s […]
Arkon Energy Raises $110M to Grow US Bitcoin Mining Capacity
Arkon Energy, a data center infrastructure company, has secured $110 million in private funding. Bluesky Capital Management led the funding […]
Paxos Expands with the Launch of USDP on Solana
Stablecoin issuer Paxos has marked a significant milestone by obtaining approval from the New York Department of Financial Services (DFS) […]
Nigerian Central Bank Lifts Ban on Crypto Trading
In 2021, the Nigerian Central Bank (CBN) banned cryptocurrency transactions due to money laundering and terrorism financing risks. It restricted […]
Hong Kong Regulators Propose Licence for Sale of Stablecoins
Hong Kong regulators have recently announced a new regulatory framework for stablecoins. Hong Kong is attempting to establish itself as […]
Japan’s Monex to Buy Majority Stake in 3iQ
Japan’s Monex to buy majority stake in 3iQ. Monex provides financial services, including online brokerage and cryptocurrency exchange operations. 3iQ […]
Celsius Network Gets Court Approval for Shift to Bitcoin Mining
Celsius Network has received court approval to shift to Bitcoin mining. Celsius Network is a cryptocurrency lending and borrowing platform. […]
Avalanche Foundation’s Cultural Drive – Buys Meme Coins
In a groundbreaking move that signifies a deep understanding of the evolving crypto landscape, the Avalanche Foundation is set to […]
BitGo Gets In-Principle Approval for MPI License
BitGo has recently received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution Licence. BitGo […]