The U.S. Treasury’s Office of Foreign Assets Control (OFAC) recently announced a settlement with cryptocurrency exchange CoinList. The settlement involves over 989 transactions worth $1.25 million that were processed by CoinList from users residing in Crimea, a disputed region of Ukraine annexed by Russia. This article examines the details of the settlement and the implications
The U.S. Securities and Exchange Commission (SEC) chair, Gary Gensler, recently made dismissive remarks regarding spot Bitcoin exchange-traded funds (ETFs) in a conversation with Bloomberg. Although the SEC has introduced new rules aimed at reducing risk in the U.S. Treasury market, Gensler downplayed the significance of crypto ETFs in comparison. Gensler highlighted the importance of
Bitcoin, the pioneer cryptocurrency, experienced a significant correction at the beginning of the week, causing its price to drop back to the $40,000 level. This sudden correction led to panic selling among some investors who wanted to avoid further losses. However, as the selling pressure subsided, Bitcoin began to recover slowly but steadily. In the
The Metaverse is no longer a futuristic concept; it is becoming a tangible reality with far-reaching potential in the world of commerce. Worldline, a global leader in payment solutions, is taking a proactive stance in this digital paradigm shift by expanding its Metaverse presence. This strategic move aims to enhance graphical quality and accessibility across
Coinbase International is set to broaden its trading offerings as part of its global expansion strategy. The exchange announced that its users would be able to trade spot Bitcoin (BTC) and Ethereum (ETH) on the platform from December 14th. This new feature will initially be available exclusively to non-US institutional clients, with plans to expand
The cryptocurrency market has been experiencing severe volatility, causing panic among investors. However, LuckSide Crypto, a well-known crypto analyst, shared an optimistic perspective on Cardano (ADA) in a recent YouTube video. Despite the current market conditions, ADA has shown remarkable resilience, and LuckSide Crypto believes it may be on the cusp of a breakout. LuckSide
Osmosis (OSMO) is a decentralized exchange (DEX) built on the Cosmos (ATOM) blockchain. It has recently experienced a significant price surge of over 25%, capturing the attention of investors. However, as the price enters a localized retracement, the question arises: is it still a good time to buy Osmosis? The explosive price action of Osmosis
The NFT ecosystem has gained significant attention and investment in recent years, and LINE NEXT Corporation is at the forefront of this digital revolution. With a recent investment of USD 140 million led by Crescendo Equity Partners, LINE NEXT is poised for growth and innovation in the global Web3 ecosystem. This article explores the company’s
Coinbase Global Inc. has recently announced its plans to expand its services by introducing spot crypto trading on its international exchange. This move is part of Coinbase’s global expansion strategy, aimed at catering to users who may have reservations about U.S.-based platforms. The company believes that the addition of spot markets will offer a seamless
Shiba Inu has been defying the bearish trend as of late, and it appears that the increased adoption of the Shibarium Layer 2 network has played a significant role in this bullish return. However, it is the large holders of Shiba Inu who are taking the spotlight this time around. These whales have seen a