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In a significant move towards paying billions owed to creditors, FTX has gained bankruptcy court approval to begin liquidating its $744 million worth of stakes in digital trusts managed by Grayscale Investments.
FTX, embroiled in bankruptcy since last year following its collapse, has since been work...
Binance announced on Nov. 29 that it will end support for its associated Binance USD (BUSD) stablecoin starting in mid-December.
Binance indicated that all spot trading pairs involving BUSD will be delisted between Dec. 11 and Dec. 15. It also said that spot trading orders and Spot Trading Bot servi...
The Switzerland-based asset management firm Pando Asset AG has filed for a spot Bitcoin exchange-traded fund (ETF), as seen in a Nov. 29 filing, marking another addition to the growing list of such applications.
The filing is an S-1 registration statement resembling similar spot Bitcoin ETF applicat...
BlackRock has submitted revisions to its spot Bitcoin ETF application to the SEC in an attempt to allay the regulator's concerns over market manipulation and broker-dealer registrations, according to meeting minutes between the asset manager and the SEC's Division of Trading and Markets dated Nov. 2...
Genesis Global and its parent company, Digital Currency Group (DCG), are closing in on a settlement agreement, according to a Nov. 28 court filing.
The filing includes an amended settlement plan that both companies have agreed on and urged other stakeholders to vote in favor.
In a complex bankruptcy...
Noticias
29 nov. 2023
U.S. Treasury sanctions Sinbad mixer, citing money laundering by North Korea’s Lazarus Group
The U.S. Treasury Department has sanctioned the cryptocurrency mixing service Sinbad.io (Sinbad) for its role in enabling money laundering by North Korean state-sponsored hacking groups, according to a Nov. 29 press release.
According to the Treasury Department, Sinbad has allegedly processed millio...
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29 nov. 2023
Ripple CTO David Schwartz calls for legislative action to clarify crypto regulations
David Schwartz, CTO of Ripple, recently shared his thoughts on the changing dynamics of U.S. securities law. Specifically, he addressed its application to digital assets and underscored the necessity for legislative clarity to pave the way for balanced regulation.
Schwartz underscored the flexible n...
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29 nov. 2023
Paxos poised to expand global stablecoin operations in Abu Dhabi with regulatory green light
Paxos has obtained in-principle approvals from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). These approvals mark a significant step for Paxos in the region, allowing it to issue US dollars and other currency-backed stablecoins and offer crypto-brokerage a...
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29 nov. 2023
Wormhole secures record $225M funding, spins off into Wormhole Labs for cross-chain expansion
Wormhole, the messaging protocol enabling cross-blockchain communication, has made headlines by securing a landmark $225 million in funding, valuing the company at $2.5 billion. Fortune reported the news as the company completing "the largest funding round for a crypto project in 2023."
The funding ...
Noticias
29 nov. 2023
Philippines SEC says Binance operates without the ‘necessary license’ in its jurisdiction
The Philippines Securities and Exchange Commission (SEC) issued a cautionary advisory regarding Binance's operations within the country, according to a Nov. 28 update.
The regulator stated:
"Binance is not registered as a corporation in the Philippines and operates without the necessary license and/...
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