Crypto Exchange OKX to Exit Nigeria Citing Regulatory Changes
Key Insights OKX announces discontinuation of services in Nigeria by August 16, 2024, citing recent changes in local laws and…
Hong Kong to Require Licenses for Stablecoin Issuers Following Public Consultation
Key Insights Hong Kong regulators conclude public consultation on licensing regime for fiat-referenced stablecoin issuers, with majority support for new…
Ethereum ETF Inflows Could Drive Ether Above $5,000, Says Bitwise CIO
Key Insights Bitwise CIO predicts Ethereum ETFs will push ether price above $5,000, setting new all-time highs. Ethereum’s near-zero inflation…
Trive UK Subsidiary Applies to Cancel FCA License, Signals Market Exit
Key Insights Trive Financial Services UK Limited applies to cancel its FCA license, indicating plans to exit the UK market.…
Spot Ethereum ETFs Set for July 23 Launch, Sources Say
Key Insights Spot Ethereum ETFs are expected to begin trading on Tuesday, July 23, according to multiple sources and industry…
Trump VP Pick J.D. Vance Holds Up to $250,000 in Bitcoin
Key Insights J.D. Vance, Trump’s vice presidential pick, owns between $100,001 and $250,000 in bitcoin, according to his 2022 financial…
Hong Kong to Unveil Stablecoin Regulation Results, Draft Legislative Bill
Key Insights Hong Kong’s financial authorities to release results of stablecoin consultation and draft legislative proposal for industry oversight. Proposed…
Spanish CFD Crackdown: XTB Commits to Market Despite Ad Restrictions
Key Insights XTB will continue operations in Spain despite new CNMV restrictions on CFD marketing, implementing compliant marketing practices immediately.…
South Korea’s Opposition Party Proposes Three-Year Delay on Crypto Tax
Key Insights South Korea’s People Power Party proposes delaying cryptocurrency gains taxation from 2025 to 2028. The bill cites concerns…
Global Crypto Investment Products See Record $1.44 Billion Weekly Inflow
Key Insights Global crypto investment products recorded $1.44 billion in net inflows last week, pushing year-to-date figures to a record…