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In a move that could lead to a new era of digital asset ownership, the UK government has unveiled a new bill that aims to solidify cryptocurrencies such as Bitcoin (BTC), non-fungible tokens (NFTs), and tokenized assets as personal property.
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On Tuesday, State Street Global Advisors and Galaxy Asset Management announced the launch of three new cryptocurrency-focused exchange-traded funds (ETFs). The move comes as investors have been pulling out of spot Bitcoin funds, reflecting a sense of fear in the market.
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In a recent interview, President Jakov Milatović of Montenegro accused Prime Minister Milojko Spajić of lying about his knowledge of Do Kwon, the controversial co-founder of Terraform Labs, during a pivotal moment surrounding Kwon’s arrest in Podgorica.
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The US Treasury Department is intensifying its efforts to regulate crypto transactions linked to terrorist organizations, notably Hamas, as it seeks to address national security risks associated with virtual assets.
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In a significant statement on Thursday, Venezuelan opposition leader María Corina Machado announced her plans to use Bitcoin (BTC) as a national reserve asset, similar to former US President Donald Trump’s recent endorsement of a national BTC stockpile.
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A Nigerian court is set to deliver its judgment on October 9 regarding the bail application of Tigran Gambaryan, a senior executive at Binance who has been detained for over six months.
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Sony Group, in partnership with Startale, has launched Soneium, a public Ethereum layer-2 blockchain. This development is part of Sony’s strategic expansion into the blockchain ecosystem, leveraging its extensive distribution networks in entertainment, gaming, finance, and electronics.
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In the latest development in the ongoing FTX saga, federal prosecutors have charged Michelle Bond, the domestic partner of former FTX executive Ryan Salame, with violating campaign finance laws. This comes just a day after Salame made a last-ditch effort to have his conviction vacated or blocked.
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In the aftermath of Binance’s settlement in 2023 with US authorities and the subsequent resignation and conviction of its former CEO Changpeng Zhao (CZ), the regulatory landscape appeared to have quieted down for the exchange and its key figure.
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In a move that underscores the growing influence of the crypto industry in the political sphere, former president Donald Trump announced on Friday that he will appoint Howard Lutnick, the CEO of financial firm Cantor Fitzgerald, to lead his transition team should he be re-elected in 2024.
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