CBN Addresses P2P Trader Account Ban Rumors
The Central Bank of Nigeria addresses rumors about banning P2P trading accounts and discusses regulation, while Binance faces more scrutiny and legal issues. Following recent rumors that circulated regarding a purported directive to identify and restrict transactions with cryptocurrency exchanges, the Central Bank of Nigeria (CBN) promptly responded. In opposition to these allegations, the CBN affirmed […]
Hong Kong Officially Approves Two Spot Bitcoin & Ethereum ETF
The Hong Kong SEC has officially approved the Spot Bitcoin and Ethereum ETFs, which will begin trading on Tuesday, April 30. The Hong Kong Securities and Futures Commission (SFC) has approved two Spot Bitcoin & Ethereum ETF pairs in a momentous ruling. Boshi Funds and HashKey Capital Limited, prominent virtual asset and conventional finance entities, […]
Hedera (HBAR) Price Rises 100% After BlackRock Development
The daily trade volume for Hedera increased by a stunning 5440%, reaching a high of $2.3 billion. The HBAR price has reached a two-year high, indicating a further climb ahead. The native cryptocurrency of Hedera Hashgraph, HBAR, increased by an astounding 100% to $0.18. On Tuesday, April 13, financial giant BlackRock announced it would tokenize its […]
Binance Founder Changpeng Zhao To Face 36-Month Prison Term
U.S. prosecutors stated that Binance founder Changpeng Zhao intentionally violated the law to attract users and expand his company. In a court filing on Tuesday, April 23, US prosecutors stated that Binance founder Changpeng Zhao should face 36 months in prison for allegedly violating anti-money laundering regulations (AML). Zhao, who resigned as CEO of Binance in November, […]
Hong Kong Spot Bitcoin and Ethereum ETFs Trading Debut April 30
Hong Kong is scheduled to start trading spot Bitcoin ETFs next week; however, analysts are not overly optimistic regarding inflows compared to US funds. As Hong Kong intensifies its efforts to list the first batch of spot Bitcoin and Ethereum ETFs, China’s leading asset managers are finalizing plans to begin trading by April 30. Asian […]