Crypto News
Summary TLDR: Indonesia’s Financial Services Authority (OJK) will enforce strict regulations on crypto operations starting in 2025. Financial institutions must undergo a regulatory sandbox program to…
Summary Sam Bankman-Fried, a prominent figure in the cryptocurrency industry, faces sentencing in New York for fraud and money laundering. His future hangs in the balance…
Summary TLDR: The B.C. Civil Forfeiture Office has filed an unexplained wealth order against QuadrigaCX co-founder Michael Patryn, aiming to seize assets including cash, gold bars,…
Summary TLDR: Facebook allegedly used its VPN service, acquired from Onavo, to intercept and analyze user data from other apps. Tech analyst HaxRob uncovered this, while…
Summary Members of Congress are questioning the SEC’s treatment of Ethereum, specifically whether it should be classified as a security or commodity. This follows the SEC’s…
Summary TLDR: KuCoin is facing a tumultuous period after a US criminal complaint, with $500 million in assets withdrawn on the Ethereum blockchain. Despite significant withdrawals,…
Summary TLDR: Cube.Exchange has launched the Guardian Council with industry leaders to prevent unauthorized withdrawals and fraud in cryptocurrency trading. The council uses a multi-party validation…
Summary TLDR: The US Treasury’s OFAC has expanded sanctions on Russian financial and technology sectors to prevent evasion of US sanctions. Entities and individuals involved in…
Summary FTX sells $884 million worth of shares in AI startup Anthropic to repay creditors, with majority acquired by UAE’s Mubadala. Move reflects commitment to recovery…
Summary TLDR: The London Stock Exchange plans to allow trading of cryptocurrency Exchange-Traded Notes (ETNs) for Bitcoin and Ethereum, pending FCA approval. Launch set for late…