SEC Gives Binance 3-Month Deadline to Exit Philippines
The Philippine SEC has set a three-month timeline for Binance and other unregistered crypto exchanges to cease operations in the country, citing consumer protection and accountability concerns. The Philippine Securities and Exchange Commission (SEC) has announced that Binance and other unregulated crypto exchanges have three months to stop offering their services in the country or […]
Bitwise Spot Bitcoin ETF Inches Closer to Approval, BTC Price Surges 5%
Bitwise’s spot Bitcoin ETF has been listed on the DTCC website, signaling a possible approval by the SEC. BTC price rallies above $43,000 amid bullish sentiment. Bitwise Asset Management, a leading crypto index fund provider, has made significant progress in its quest to launch the first spot Bitcoin ETF in the U.S. The company’s ETF […]
IMF Calls for Crypto Regulations in Seoul, South Korea Seeks Balance
The IMF’s chief urges swift and robust crypto regulations at a digital currency conference in Seoul, while South Korea’s vice financial regulator chief highlights the need for a balanced approach. The International Monetary Fund (IMF) has warned of the dangers of unregulated cryptocurrencies for global financial stability. Speaking at a digital currency conference in Seoul, […]
Iota Teams up with Fireblocks to Boost Asset Tokenization
Iota Foundation partners with Fireblocks to integrate ShimmerEVM, an Ethereum-compatible smart contract platform, to facilitate asset tokenization and meet institutional demand. The Iota Foundation, the non-profit organization behind the Iota blockchain, has teamed up with Fireblocks, a leading provider of crypto custody and infrastructure solutions, to enhance the process of asset tokenization. The partnership leverages […]
Wall Street CEO Reveals His Love for Tether, Bitcoin
In a CNBC interview, Howard Lutnick, the CEO of Cantor Fitzgerald, a leading Wall Street brokerage firm, shared his admiration for Tether, the largest stablecoin issuer, and Bitcoin, the top cryptocurrency. He also disclosed that he holds Tether’s treasuries, worth over $90 billion. Lutnick, who described himself as a “big fan” of Tether, said that […]