Defunct Exchange Mt. Gox Begins Repayments in BTC, BCH
Defunct cryptocurrency exchange Mt. Gox has initiated the repayment of its debts in Bitcoin (BTC) and Bitcoin Cash (BCH) to users following the rehabilitation plan. Some rehabilitation creditors receive repayments through designated crypto exchanges following the rehabilitation plan. The Mt. Gox Trustee’s total Bitcoin balance on all known addresses is 94,457 BTC, as indicated by […]
New Regulations Subject Crypto Exchanges to EU Travel Rule
The European Banking Authority (EBA) has announced the expansion of travel rules and guidelines for crypto service providers, enhancing AML/CFT measures. Regulation (EU) 2023/1113 (Travel Rule Guidelines) will apply to crypto exchanges that are located in the European Union (EU) as of December 30. This regulation requires submitting information regarding the transfers of funds and […]
Bitget Pursues FIU License to Operate in India
Bitget cryptocurrency exchange is collaborating with Indian regulators to secure the necessary license to operate by local regulations. Bitget announced on July 3 that it has been actively discussing with India’s Financial Intelligence Unit (FIU) to obtain Virtual Asset Service Provider (VASP) registration. Simran Alphonso, Bitget’s chief of global communications, informed Cointelegraph that the registration […]
Fed’s Powell Delivers Key Message for Crypto Markets
Fed Chair Jerome Powell delivered a pivotal message for crypto markets during a panel with ECB President Christine Lagarde and Brazil’s Central Bank Governor Roberto Campos Neto. Jerome Powell, the Chair of the Federal Reserve, issued a critical message that has substantial implications for the crypto market. Powell participated in a discussion with Christine Lagarde, […]
HashKey Launches Tap-To-Earn Bot on Telegram
In an effort to increase excitement surrounding its HSK coin, Hong Kong-based cryptocurrency exchange HashKey has launched its tap-to-earn bot on Telegram. The Asia-based cryptocurrency services provider HashKey Group said that users can now access Telegram’s tap-to-earn bot, called DejenDog, to retrieve their HSK. Before its anticipated listing in Q3 2024, the exchange claims that […]