Australia’s ASX Launches First Bitcoin ETF After Years of Preparation
Key Insights The Australian Securities Exchange has launched the country’s first bitcoin ETF. The launch comes after over three years…
BaFin Penalizes Citigroup $13.8 Mln for Algorithmic Trading Flaws
Key Insights Germany’s BaFin fined Citigroup Global Markets Europe AG €12.975 million ($13.82 million) for algorithmic trading violations. Citigroup failed…
India’s Financial Watchdog Fines Binance $2.25 Million for AML Liolations
Key Insights India’s financial regulator has imposed a penalty of 188.2 million rupees ($2.25 million) on Binance for violating anti-money…
CySEC Withdraws HYCM License Amid Management Buyout
Key Insights CySEC withdraws HYCM (Europe) Ltd’s Cyprus Investment Firm authorization following the company’s voluntary renunciation. HYCM is undergoing a…
Bitcoin to Hit $200,000 by 2025 on ETF Demand, Halving Impact: Bernstein
Key Insights Bernstein raised its bitcoin price target to $200,000 by end-2025, citing high demand from spot ETFs and constrained…
Nigeria Drops Tax Charges Against Binance Executives, Money Laundering Case Continues
Key Insights Nigerian authorities have dropped tax charges against two Binance executives, leaving the crypto exchange as the sole defendant.…
Trezor Launches Safe 5 Wallet at Prague Bitcoin Conference
Key Insights Trezor unveiled its new flagship hardware wallet, Trezor Safe 5, and a bitcoin-only version at BTC Prague 2024,…
UK FCA Warns of Clone Firm Impersonating Admiral Markets
Key Insights The UK’s FCA has warned against a clone firm impersonating regulated broker Admiral Markets UK Ltd. The fraudulent…
UK Compensation Scheme Opens Claims for Collapsed FX Broker FCI Markets
Key Insights The UK’s FSCS is now accepting claims from clients of FCI Markets, a broker that entered voluntary liquidation…
Bitcoin Shorts Take $28 Mln Hit as Rally Above $69,000 Sparks Liquidations
Key Insights Bitcoin short traders faced over $28 million in liquidations as the cryptocurrency rallied above $69,000. The price surge…