Tag: crypto
Japan Dismisses Idea of Adding Bitcoin to Reserves
Japan rejects Bitcoin reserves over safety and volatility concerns. Private companies such as Metaplanet promote Bitcoin adoption despite government caution. Japan has, in effect, ruled…
Crypto OTC Trading Volumes Soar with Regulatory Clarity
OTC cryptocurrency trading volumes are up 220% year on year. The US election leads to increased risk-taking and activity. The remarkable growth in over-the-counter, or…
Justin Sun Sells $244.9M Ethereum in Ongoing Spree
Justin Sun transfers 70,182 ETH to HTX, totaling $244.9 million. Sun claims the trades are for internal liquidity rebalancing. On Christmas Eve, Tron founder Justin…
Turkey Tightens Crypto Rules to Fight Money Laundering
In Turkey, a new anti-money laundering law requires identification verification for crypto transactions over $425. Rules, which take effect on February 25, 2025, aim to…
Crypto Investors in South Korea Hit 15.59 Million, 30% of Population
The crypto market in South Korea sees 15.59 million investors, with a record surge in Bitcoin price and trading volumes in November. By the end…
Interpol Targets Hex Founder Richard Schueler with Red Notice
Interpol issued a Red Notice to Richard Schueler for violence and tax fraud. Schueler is facing an SEC lawsuit for $1B in unregistered token offers.…
Brian Brooks Joins MicroStrategy Board After Binance.US Exit
Brian Brooks adds extensive crypto and financial expertise to the board. MicroStrategy joined Nasdaq-100, strengthening its Bitcoin-focused approach. MicroStrategy is a business intelligence company focused…
Tai Mo Shan Fined $123M for TerraUSD Scandal
SEC penalizes Tai Mo Shan for falsely fixing TerraUSD’s $1 peg. The settlement includes a $123M punishment, emphasizing tougher crypto market oversight. The U.S. Securities…
Google to Update Crypto Ads Policy in 2025 for UK Market
Google 2025 policy update allows certified crypto exchanges and wallets to advertise in the UK. This new ad policy will ensure compliance and transparency. Google…
