SEC charges fund adviser Galois Capital for FTX crypto custody
The fund allegedly lost about half of its assets following FTX’s collapse.
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‘Halal Coins Only’: First Islamic Crypto Exchange to be Launched in 2019
The ADAB Solutions project, based in the United Arab Emirates, is planning to launch FICE — the First Islamic Crypto Exchange which will be operating “according to the principles of Shariah law.” The company is expecting to reach $146 million daily trading and $4.4 billion monthly turnover by 2020.Islamic finance as crypto exchange baseThe new…
Kazakhstan to reportedly allow banks to process crypto purchases
A new project in Kazakhstan aims to enable local crypto businesses to provide crypto investment services legally. 700 Total views 31 Total shares The Kazakhstan government is reportedly planning to officially authorize local banking institutions to open bank accounts for cryptocurrency transactions.Several banks in Kazakhstan will soon be officially approved to service companies and businesses…
Australia’s top exchange may approve spot Bitcoin ETFs this year: Report
Australia’s spot Bitcoin ETFs could see $3 billion to $4 billion of inflows within the first three years, according to Monochrome CEO Jeff Yew.
Crypto Exchange Binance Points out a Dusting Attack Against Litecoin
Cryptocurrency exchange Binance claims that a dusting attack against fourth-biggest altcoin, Litecoin (LTC).A large scale attack against privacyThe official Twitter exchange of cryptocurrency exchange Binance claimed that a major attack against users of altcoin Litecoin took place yesterday. The firm made this claim in a tweet on August 9:“Approximately 5 hours ago there was a…
Google Finance adds dedicated ‘crypto’ tab featuring Bitcoin, Ether, Litecoin
Crypto continues to enter mainstream usage. Google Finance users can now get a quick rundown of the top cryptocurrency prices with just one click. 2262 Total views 15 Total shares Google Finance has added crypto prices to the finance.google.com domain. The section, titled “Crypto,” now appears in the “Compare Markets” category alongside conventional stock and…
OKCoin’s Fiat-to-Token Trading Now Available in 7 More US States
San Francisco-based cryptocurrency exchange OKCoin will now offer fiat-to-token and token-to-token trading services to residents of seven more US states.OKCoin expands services in the United States of AmericaOn Sept. 5, OKCoin, one of the top cryptocurrency exchanges by adjusted volume, announced that its trading services are now available in 7 new US states: Arkansas, Iowa,…
Blockchain Association Supports Telegram in Legal Battle With SEC
The Blockchain Association has filed an amicus curiae brief in response to litigation against Telegram initiated by the United States Securities and Exchange Commission (SEC).The Blockchain Association, a collective of advocates involved with the blockchain industry, filed an amicus curiae brief with the court of the Southern District of New York on Jan. 21. An…
Brazilian Cryptocurrency Exchanges Hit Hard by Tax Regulations
Legislators in Brazil have gotten support to regulate the crypto market following allegations of fraud at Atlas Quantum, Zero10, and Trader Group last year, and February saw some of the results of those actions. Bitcoin.com has reported that two major cryptocurrency exchanges based in the South American nation have been shut down following threats of…