Category: News

BBVA, one of Spain's leading financial institutions, has taken a groundbreaking step into the ever-evolving fintech landscape by announcing plans to launch its own Visa-backed stablecoin by 2025. This ambitious move signifies BBVA's commitment to innovation in the digital asset space and marks its foray into the burgeoning world of stablecoins. What Is a Stablecoin? […]

Changpeng Zhao's Release from Custody: What Lies Ahead for the Binance Founder? Changpeng Zhao, commonly known as "CZ," the founder of Binance, recently walked out of a California prison as a free man. This release marks a significant moment for the crypto industry, long fascinated by Zhao's monumental successes and subsequent legal challenges. While his […]

Commerzbank Expands into Crypto Trading: What It Means for Germany's Corporate Sector Commerzbank, one of Germany's leading banking institutions, is making a significant leap into the digital finance world. Recent announcements reveal that the bank has partnered with Crypto Finance, a subsidiary of Deutsche Boerse, to offer trading services for digital assets. This initiative will […]

A recent legal battle involving Consensys, a prominent blockchain and web3 development company, and the U.S. Securities and Exchange Commission (SEC) has reached a critical juncture. A federal judge in Texas dismissed Consensys' lawsuit against the SEC, which had contested the agency's classification of Ethereum (ETH) as a security and its focus on Consensys’ MetaMask […]

The world of digital currencies continues to evolve, with stablecoins becoming a critical component in the financial ecosystem. One such stablecoin, Circle's USD Coin (USDC), has taken significant steps to enhance accessibility in Latin America, specifically in Brazil and Mexico. This latest development marks a crucial milestone in the journey of stablecoins, bringing forward a […]

English High Court Recognizes Tether's USDT as Property: A Landmark Decision The legal landscape of digital assets took a significant step forward as the High Court of Justice in England and Wales ruled that Tether’s USDT stablecoin qualifies as property. This ruling is pivotal, not only affirming USDT’s status under English law but also impacting […]

Understanding Recent US Spot Bitcoin ETF Outflows and Their Implications An Overview of Spot Bitcoin ETFs Exchange-Traded Funds (ETFs) are popular investment vehicles that track the performance of an index, commodity, or basket of assets, much like a mutual fund, but trade like a stock on an exchange. A spot Bitcoin ETF, specifically, holds actual […]

Understanding the SEC's Charges Against Galois Capital: A Deep Dive into Custody Failures The U.S. Securities and Exchange Commission (SEC) has recently charged and settled with Galois Capital, a crypto-focused investment advisory firm, due to significant custody and disclosure failures. This development underscores the critical importance of regulatory compliance in the rapidly evolving cryptocurrency industry. […]

In recent news, the U.S. Securities and Exchange Commission (SEC) issued a Wells notice to the popular NFT marketplace, OpenSea. This development has significant implications for the digital art and NFT space, highlighting the regulatory uncertainties that continue to loom over the industry. What is a Wells Notice? A Wells notice is a notification from […]