Italy engages with crypto firms on regulatory safeguards

This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave.

Digital assets should not be seen as “somehow special,” nor should action against Coinbase be seen as “novel or extraordinary,” argues an association of North American securities regulators.In an Oct. 10 filing in the United States District Court for the Southern District of New York supporting the U.S. Securities and Exchange Commission (SEC), the North

Australia’s financial regulator, Australia's Securities and Investments Commission (ASIC) has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. According to ASIC’s newly released “Corporate Plan” released on Aug. 22, the financial regulator said it will be focusing on “digitally enabled misconducts” as “emerging technologies and products…

Following Bitcoin’s (BTC) sudden jump earlier in the day, altcoin markets have also entered the green zone, with some of the major cryptocurrency markets registering solid growth.Cryptocurrency market daily overview. Source: Coin360Bitcoin had been hovering around $7,500 during the day until it suddenly surged over $500 in just five minutes to the $8,391 price mark.…

South Korean police have raided the office of a local firm whose alleged crypto scam promised investors the spoils of a sunken Russian warship, The Korea Herald reported August 7. The Seoul Metropolitan Police Agency reportedly sent 27 investigators from its white collar unit to to collect evidence from the premises of Shinil Group in…

Joel Kuck, CEO of Decentralized ETF, believes that “the big money will come when the institutions come” after the approval of spot Bitcoin ETFs in the United States. 356 Total views 3 Total shares As expectations grow that a spot Bitcoin exchange-traded fund (ETF) will be approved in the United States, it remains one of

On Nov 14, an unknown party exploited flash loans via the decentralized finance protocol Value DeFi to the tune of $5.4 million. A number of individuals have received a portion of their stolen funds back, however, after pleading with the hacker using input data on the Ethereum blockchain.According to data from Etherscan, the hacker sent…

Argentina has settled an export deal with Paraguay in Bitcoin (BTC), Cointelegraph en Español reported on Thursday, Feb. 14.In a reported first for both countries, Paraguay has bought pesticides and fumigation products  worth $7,100 from Argentina, using cryptocurrency to settle the deal. The purchase was paid for in BTC and then converted into Argentine peso…