Tag: Cryptocurrencies
US Consumer Financial Protection Bureau Sued for Treating Crypto Wallets Like Banks
Reading time: < 1 minuteTwo trade organizations representing the technology industry have taken legal action against the US Consumer Financial Protection Bureau.
Malaysia May Introduce a Crypto Regulation
Reading time: < 1 minuteThe Malaysian government is currently considering a cryptocurrency policy.
Trump Plans to Issue a Crypto Executive Order on First Day
Reading time: < 1 minuteOn Trump’s first day in office, the administration plans to issue executive orders with a focus on digital assets and blockchain technology.
Crypto Bank Sygnum Raises $58M and Becomes a Unicorn
Reading time: < 1 minuteAfter successfully raising $58 million in a strategic growth round, cryptocurrency banking group Sygnum has announced its plans to expand into multiple markets.
Singapore Blocks Polymarket
Reading time: < 1 minuteSingapore has joined the United States, France, Taiwan, and other countries in restricting access to Polymarket, a blockchain-based platform that allows users to trade on the outcomes of real-world events.
UK Treasury Says Crypto Staking is Not a Collective Investment
Reading time: < 1 minuteThe UK Treasury has determined that coin staking cannot be classified as a collective investment.
Standard Chartered Will Offer Crypto Services in EU
Reading time: < 1 minuteStandard Chartered has recently obtained a license in Luxembourg to provide cryptocurrency custody services through a new entity.
Investors Liquidate $520 Million in Crypto in 1 Day
Reading time: < 1 minuteYesterday, as market volatility increased, traders who had invested in cryptocurrency faced significant losses, resulting in an overall liquidation of over $524.8 million.
Differences Between Coins and Tokens
Reading time: 3 minutesWhile most people use these terms interchangeably, there is actually a significant difference between coins and tokens.
China Introduces Stricter Crypto Regulations
Reading time: < 1 minuteChina has strengthened regulations to control the use of cryptocurrencies, with the State Administration of Foreign Exchange (SAFE) requiring banks to monitor and identify risky trades involving digital assets.
