Crypto Exchange

$150 million lawsuit against crypto exchange FTX dismissed.

The US court has dismissed the $150 million lawsuit against the crypto exchange FTX. Bitcoin Manipulation Abatement LLC had demanded $150 million from FTX for indulging in market manipulation and the sale of unlicensed securities in the US.    The plaintiffs...

Crypto Exchange BitMex faces a $300 million lawsuit

According to the Bloomberg report, Frank Amato and RGB Coin Ltd. are suing BitMex for not granting them equity. Amato and RGB claim to be among the first seed investors in the company when they invested $30,000 back in...

Swiss-based crypto bank SEBA expands its service to nine new markets.

Swiss-based SEBA is the first company that combines traditional banking with digital assets. Companies and institutional clients from Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal, and the Netherlands will now be able to open accounts with...

BitPay announces to rollout payment services for three stablecoins.

The new payment service by BitPay would enable over 30,000 merchants to accept payment in the stablecoins globally. According to BitPay, GUSD, USDC, and PAX have increased both in number and use in recent years as they combine the...

Bakkt officially launches Bitcoin Futures Exchange Products.

Bakkt has become the first exchange to launch the first regulated bitcoin options and cash-settled futures in the United States. The ICE backed bitcoin futures exchange is now using its physically-settled bitcoin contracts as a benchmark to build complementary...

Amun AG receives regulatory approval to expand its ETP offerings in Europe.

Swiss fintech firm Amun AG currently offers crypto exchange-traded products in Switzerland and Germany, but the company has received regulatory clearance to expand its business to other countries in Europe. The firm will now offer ETPs in Sweden and...

South Korean authorities plan on taxing crypto holders.

According to local news reports, the South Korean government is planning to tax crypto gains in the country. The tax bill will be drawn up by the first half of next year. If the bill is implemented, then crypto-traders...

Jack Dorsey believes Africa will define bitcoin’s future.

Twitter CEO and bitcoin advocate, Jack Dorsey, is trying to bring bitcoin to Africa. In a recent visit to African countries, Ethiopia, Ghana, Nigeria, and South Africa, Jack Dorsey met with bitcoin businesses and talked about future prospects.   "Africa will...

Ukraine passes a new crypto law based on FATF guidelines.

The government of Ukraine has passed a law to regulate cryptocurrencies in the country. The law aims to protect the use of cryptocurrencies from money laundering, frauds, and terror financing.The Ukrainian government is collaborating with one of the worlds...

Congressman who called for a blanket ban on crypto will chair Subcommittee on Investor Protection.

The House Financial Services Committee announced that Democrat Congressman Brad Sherman had been elected by the Democratic Caucus, and further development is subject to approval Democratic Steering and Policy Committee. Sherman will replace Congresswoman Carolyn Maloney.   Chairwoman of the House...

Latest News

$150 million lawsuit against crypto exchange FTX dismissed.

The US court has dismissed the $150 million lawsuit against the crypto exchange FTX. Bitcoin Manipulation Abatement LLC had...