The Hong Kong Technology Crime Police Advisory Group has warned about the rise of digital asset-linked crime, calling for the establishment of a regulatory system to identify and eliminate risks associated with this tech. According to police data, almost $550 million was involved in digital asset crimes during 2023, with 90% of these cases involving […] Source: https://news.bitcoin.com/hong-kong-police-advisory-group-warns-of-surge-in-digital-asset-linked-crime/
The trading platform is reportedly concerned that the veteran meme stock trader could use his influence to pump his own GameStop holdings. Source: https://cointelegraph.com/news/etrade-considers-removing-keith-gill-roaring-kitty
The Dubai Financial Services Authority (DFSA) announced amendments to its crypto token regime on Monday, enhancing the regulatory environment for crypto tokens in the Dubai International Financial Centre (DIFC), a special economic zone. The amendments address investment in recognized and unrecognized crypto tokens, custody and staking of crypto tokens, compliance with financial crime regulations including […] Source: https://news.bitcoin.com/dubai-financial-services-authority-updates-regulatory-framework-for-crypto-tokens/
“The learning phase is over. A new era is coming,” says CryptoQuant CEO Ki Young Ju. Source: https://cointelegraph.com/news/worldwide-searches-onchain-google-all-time-high
According to local media reports, the Reserve Bank of India has repatriated 100 tonnes of gold that was held in the vaults of the Bank of England. The operation, carried out in special circumstances due to the quantity of gold moved, may be repeated as India seeks to hold more gold domestically for logistical reasons […] Source: https://news.bitcoin.com/india-repatriates-100-tonnes-of-gold-from-uk-aims-to-move-more/
However, the impressive flows from BlackRock’s IBIT and Fidelity’s FBTC haven’t been enough to gain on the leading ETF asset manager by total flows, Vanguard. Source: https://cointelegraph.com/news/bitcoin-etf-blackrock-fidelity-bitcoin-etfs-account-large-share-total-flows
Crypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European Economic Area (EEA). These regulations will restrict the issuance and offering of stablecoins to regulated companies, categorizing them as “Regulated Stablecoins.” Binance will make phased […] Source: https://news.bitcoin.com/binance-announces-restrictions-on-unauthorized-stablecoins-in-eu-to-comply-with-mica-regulations/
Coinbase has joined Andreessen Horowitz and Ripple in donating $25 million to the crypto-focused super PAC ahead of the United States elections. Source: https://cointelegraph.com/news/coinbase-donates-25-million-crypto-super-pac-fairshake
Dapper Labs, the company behind NBA Top Shot and other prominent on-chain collectibles, has settled a yearslong class action lawsuit with disgruntled customers who argued that Top Shot NFTs constituted illegally offered securities, court filings revealed Monday. As part of the settlement, Dapper will pay out $4 million to the suit’s plaintiffs, the company’s CEO, Roham Gharegozlou, told Decrypt. Those…
Dapper Labs, a blockchain technology and digital collectibles company, has reached a favorable settlement in the legal case Friel vs. Dapper Labs, establishing that NBA Top Shot Moments are not securities. The company emphasizes that this significant ruling clarifies the legal status of digital collectibles and ensures the continued decentralization of the Flow blockchain. Dapper […] Source: https://news.bitcoin.com/dapper-labs-secures-favorable-settlement-in-class-action-lawsuit-involving-nba-top-shot-nfts/
