One of Portugal’s largest banks, Banco de Investimentos Globais (BiG), has reportedly suspended fiat transfers to crypto platforms. José Maria Macedo, co-founder of Delphi Labs, revealed the policy shift and criticized it on X (formerly Twitter). Macedo’s post included an…
Coinbase has achieved a partial win in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). A federal judge has granted Coinbase permission to pursue a narrow appeal that challenges the SEC’s accusations of improperly handling unregistered…
Bhutan’s Mindfulness City located in the southern Himalayan foothills, Gelephu, has announced that it will hold Bitcoin, Ethereum and Binance Coin in its strategic reserve assets. The Special Administration Region (SAR) has become one of the first jurisdictions to officially…
Thailand is set to embark on a new project to integrate cryptocurrency payments into its tourism sector, beginning with the popular tourist destination of Phuket. Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced the pilot initiative during a seminar…
Bitfinex Derivatives, the derivatives arm of crypto exchange Bitfinex, has obtained a Digital Asset Service Providers (DASP) license to operate in El Salvador. With the approval, the company will also relocate its derivatives arm from Seychelles to the Central American…
Ark Invest’s now-former director of digital assets Yassine Elmandjra announced on Wednesday that he is leaving the firm after six and a half years. He tweeted his appreciation to Cathie Wood, Ark Invest’s founder, and the team for the shared…
The Agency of the Republic of Kazakhstan for Financial Monitoring (AFM), the nation’s regulator, has blocked the operation of unlicensed crypto exchanges in the region. The watchdog quoted that several illegal exchanges have recently played a key role in money…
Telegram has reportedly fulfilled 900 requests from U.S. authorities for user information in 2024, with a significant increase in inquiries following the arrest of its CEO, Pavel Durov, in France. According to a January 7 report by 404 Media, Telegram…
Bitcoin (BTC/USD) has dropped nearly 6% in the last 24 hours, trading at $95,800, following a sharp bearish reversal. A break below the crucial $97,200 level invalidated recent bullish momentum, with the formation of a “Tweezers Top” and a bearish…
Fidelity claims nation states face greater risks by avoiding Bitcoin allocations than by embracing them. In a report on Tuesday, Fidelity Digital Assets analyst Matt Hogan highlighted that many countries have indirectly acquired Bitcoin through government seizures and recoveries tied…