China’s underground crypto market thrives despite harsh trading ban: WSJ

Despite Beijing’s 2021 ban on crypto trading, a thriving underground market reportedly continues to operate in China. The Wall Street Journal (WSJ) reported that investors circumvent the country’s stringent regulations through informal... Read more »

SEC v. Binance hearing delayed until Monday

Today’s court hearing between Binance and the SEC has been postponed, according to a minute order published on Jan. 19. That order reads: “It has just been announced that the courthouse will... Read more »

SEC opens comments on options trading for BlackRock, Cboe spot Bitcoin ETFs

The U.S. Securities and Exchange Commission (SEC) on Jan. 19 opened comments on proposals related to options trading on Bitcoin ETFs. One SEC notice concerns a proposed rule change allowing Nasdaq to... Read more »

Hut 8 responds to report criticizing USBTC merger and other activities

The Bitcoin and digital asset mining firm Hut 8 responded to a recent critical report in a statement on Jan. 19. The mining company wrote: “Hut 8 Corp is aware of a... Read more »

Coinbase has 70% chance of winning against SEC: Bloomberg analyst

An analyst for Bloomberg Intelligence placed Coinbase’s chances of prevailing in its legal battle with the U.S. Securities and Exchange Commission (SEC) at an optimistic 70%. In a Jan. 19 post on... Read more »

BlackRock eyes blockchain beyond Bitcoin through smart contract supply chains

In an interview at the recent VettaFi CryptoCurrency Symposium, Jay Jacobs, U.S. Head of Thematics and Active Equity ETFs at BlackRock, highlighted the journey to launching the iShares Bitcoin Trust ETF (IBIT)... Read more »

Judge in Coinbase case says SEC’s securities definition may be too broad

A court hearing between Coinbase and the U.S. Securities and Exchange Commission (SEC) took place on Jan. 17 concerning earlier charges. In June 2023, the SEC alleged that Coinbase illegally operated a... Read more »

Theta Labs and NHL’s Vegas Golden Knights partner on NFT fan experiences

Theta Labs and the NHL’s Vegas Golden Knights announced a partnership on Jan. 16 that will introduce new NFT-based fan experiences. Mitch Liu, co-founder and CEO of Theta Labs, said: “The world... Read more »

Coinbase Prime hot wallet leads weekly Bitcoin trading with $11.4 billion volume

Coinbase Prime, the crypto platform explicitly designed for institutional investors, trusts, and high-net-worth individuals, has seen a dramatic increase in trading activity following the U.S. spot Bitcoin ETFs launch. CryptoSlate analysis identified... Read more »

Morgan Stanley believes Bitcoin, CBDCs have the potential to ‘de-dollarize’ the world

Wall Street giant Morgan Stanley believes the rise of Central Bank Digital Currencies (CBDCs) and digital assets like Bitcoin and stablecoins could potentially disrupt the U.S. dollar’s longstanding dominance in the global... Read more »
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