Custodia Bank Offers Bitcoin Custody with Wyoming Approval
Custodia Bank, a non-lending bank built by Bitcoiners, has announced the launch of its Bitcoin custody service for businesses after receiving regulatory approval from the Wyoming Division of Banking. The bank has announced the launch of its Bitcoin custody service for businesses after receiving regulatory approval from the Wyoming Division of Banking. The Bitcoin custody […]
Circle to Close Consumer Accounts By the End of November
Circle, the issuer of the USDC stablecoin, has announced that it will phase out support for individual or consumer accounts by the end of November. The move has sparked debate among crypto enthusiasts as Circle faces regulatory challenges from the SEC over the status of stablecoins. On October 31st, a crypto user named Evanss posted […]
Coinbase Customers Back XRP Lawyer in SEC Lawsuit Action
Attorney John Deaton, who represents thousands of XRP holders, is leading a group of 5,000 Coinbase customers who want to intervene in the SEC lawsuit against the crypto exchange. The lawsuit challenges the SEC’s claim that Coinbase’s staking services involve unregistered securities. The SEC alleges that Coinbase has been offering unregistered securities to its customers […]
BlackRock Move Makes Bitcoin (BTC) Reach $35,000 2023 High
Bitcoin reaches a new all-time peak in 2023 as BlackRock lists its iShares Bitcoin ETF on the DTCC platform, and U.S. court orders the SEC to review Grayscale’s application. Bitcoin (BTC), the largest cryptocurrency in the world, has given a massive 12% breakout, reaching a new peak of $35,000 in 2023. With this development, Bitcoin’s […]
LBRY Inc. Shuts Down After SEC Judgment and Financial Woes
LBRY Inc., the blockchain company behind the LBRY blockchain and Odysee video-sharing platform, has announced the end of its operations, citing insurmountable debts, including a judgment from the SEC. The cryptocurrency community reacts with shock and support. The financial world and blockchain industry received a significant shakeup recently with the announcement that LBRY Inc., has […]