Binance Founder Changpeng “CZ” Zhao Requests Probation
Binance founder Changpeng “CZ” Zhao’s counsel urges the court to grant probation, while CZ receives unprecedented support. The defense team of Binance founder Changpeng “CZ” Zhao has petitioned the court for probation as he is a first-time, non-violent offender without the intent to cause harm to others. According to CZ’s attorney, several factors, including the […]
Leading Democrat Anticipates Stablecoin Regulation Deal
Democratic leaders, including Representative Maxine Waters, Senators Cynthia Lummis, and Kirsten Gillibrand, are leading attempts to regulate stablecoins and expand banking access for the marijuana industry. Representative Maxine Waters, the ranking Democrat on the Financial Services Committee, anticipates reaching a deal with Chairman Patrick McHenry on stablecoin regulation. Meanwhile, this unexpected coincides with the introduction of […]
BlackRock’s Bitcoin ETF Records First $0 Daily Inflow
BlackRock’s iShares Bitcoin Trust (IBIT) saw its first day with $0 inflows since its US debut in January. After consistently attracting millions daily, totaling nearly $15.5 billion in 71 days, the streak ended on April 24. The BlackRock iShares Bitcoin Trust (IBIT) has experienced its first day without inflows since January, when Bitcoin ETFs were […]
Morgan Stanley Considers Brokers Recommending Bitcoin ETFs
Morgan Stanley’s 15,000 brokers may soon recommend spot bitcoin exchange-traded funds to clients. This move reflects a potential change in the company’s stance on cryptocurrency. Morgan Stanley may permit its 15,000 brokers to recommend spot bitcoin exchange-traded funds to clients, citing two senior executive sources with knowledge of the organization’s intentions. According to reports, the […]
Upbit Rises Among Top 5 Crypto Exchanges
Upbit rise to the top five global exchanges signals a revival in Asia’s crypto markets. The Korean Won now leads in trading BTC and other digital assets, surpassing the USD. Asia’s cryptocurrency markets are again experiencing a robust resurgence, as the Upbit cryptocurrency exchange from South Korea now ranks among the top five global exchanges. According […]