Luna Not a Security Rules South Korean Court
A court in South Korea has dropped charges of security violations against former Luna co-founder Hyun-seong Shin. A court in South Korea has ruled that the Luna token, which was…
Societe Generale Bank Launches Stablecoin On Ethereum
Societe Generale the digital asset arm of the French banking and financial services firm, has announced the launch of a stablecoin. The stablecoin is available exclusively to institutional qualified investors…
UAE financial regulator opens applications for VASP license
The Securities and Commodities Authority in UAE has announced that it will start accepting licensing applications from virtual asset service providers. The move is in line with the cabinet resolution…
Coinbase gets $470K settlement in insider trading case
Nikhil Wahi, the brother of a former Coinbase product manager, has agreed to pay the cryptocurrency exchange approximately $470,000. This restitution payment is for his involvement in an insider trading…
Germany Issues Shares On The Blockchain – Boosting Startups
The German government is taking steps to create a more welcoming environment for startups working with financial innovation through the ‘Future Finance Act’. According to a draft bill introduced by…
Institutions ‘very interested’ in Crypto ETFs but they are not buying
A recent survey conducted by Brown Brothers Harriman (BBH) found that despite the cryptocurrency market being down 60% from all-time highs, a majority of asset managers remain “extremely interested” in…
Twitter Icon Changes To Dogecoin Logo As Musk Seeks Lawsuit Dismissal
Elon Musk, the CEO of Twitter and Tesla, is being sued for $258 billion in a racketeering lawsuit, which alleges that Musk operated a pyramid scheme to promote Dogecoin. In…
SEC offers investor education events including ‘cautious’ approach to crypto
The United States Securities and Exchange Commission (SEC) has announced a series of educational events aimed at promoting financial literacy in underrepresented communities. However, the financial regulator seemed to suggest…
Japan Warns Bybit and others for operating without registration
Japan’s Financial Services Agency (FSA) has issued a warning letter to several foreign cryptocurrency exchanges, including Bitget, Bybit, MEXC Global, and BitForex, among others, for conducting unregistered operations in the…
Elon Musk leads petition to halt AI development
Elon Musk and 2,600 tech industry leaders and researchers have wrote a letter and called for a temporary halt on any further artificial intelligence (AI) development, citing concerns about the…