Scott Hartman reportedly said authorities in New York's Southern District had filed “a lot of big cases” after a crypto market downturn but suggested it was petering out.

TL;DR Kraken Layer 2 Ink reinforces security and efficiency in DeFi with autonomous withdrawals to Ethereum, transaction review capabilities, and an asset protection committee. Backed by the Optimism Foundation with a grant of 25 million OP tokens, Ink moves toward its official launch in Q1 2025 as part of the Optimism Superchain.

The shift in New York's crypto regulation may encourage innovation but could also lead to increased reliance on federal oversight agencies. The post New York anti-crypto stance softens as regulatory tide turns appeared first on Crypto Briefing.

Shortly after the FTX/Alameda ecosystem collapse, European Central Bank (ECB) issued a panic-driven prediction of "irrelevance" that was allegedly coming for all cryptocurrencies. Charles Edwards of Capriole Investments says fiat will be done earlier.

Norway's financial task force has warned against introducing central bank digital currency. It recommends policymakers to establish a strong regulatory framework for a safer future rollout.

Bitcoin's recent surge in value has sparked a wave of growing interest among investors, particularly institutions.

HKMA warns that misleading use of the word “bank” by crypto firms not only deceives consumers but also breaches Hong Kong's Banking Ordinance.

The U.S. Attorney's Office in Manhattan will devote fewer resources to policing cryptocurrency crimes after securing several major convictions, including that of FTX founder Sam Bankman-Fried, a senior prosecutor said on Friday.

TL;DR Somnia launches its public Devnet, capable of processing up to 400,000 transactions per second. It offers Ethereum compatibility and a $10 million grant program for developers. Users can test dApps and applications with free test tokens. Somnia has launched its public Devnet, an environment designed to test its high-performance blockchain.

According to the latest reports, the British government is moving to establish its regulatory approach for the cryptocurrency sector to maintain the country's attractiveness as a destination for crypto businesses.

The Hong Kong Monetary Authority has warned crypto firms against misusing the term "bank" in their marketing, emphasizing that only licensed institutions can legally use this terminology to avoid misleading consumers and violating the Banking Ordinance. The post Hong Kong Warns Crypto Firms Against Misusing ‘Bank' Label appeared first on Cryptonews.

The South Korean government has uncovered significant Know-Your-Customer (KYC) violations on Upbit, the country's largest cryptocurrency exchange. On Nov. 14, local media reports indicated that the Financial Intelligence Unit (FIU) of the Financial Services Commission identified these issues during a routine business license renewal review for Upbit.

Is MrBeast fraudulently deceiving his subscribers? Coffeezilla, known for investigating scams on YouTube, has arrived to answer this question. According to the report, MrBeast invited thousands of viewers onto the platform and urged them to invest in these dubious cryptocurrencies, and in so doing he may have engaged in insider trading and other manipulations.

The listing is part of Bitwise's strategy to continue to give investors a range of exposure to digital assets.

Upbit faces investigation for suspected KYC violations, potentially affecting its business license renewal and resulting in significant fines.

As blockchain technology gains ground in finance, many traditional institutions use it to streamline transactions and automate back-office processes. Robert Leshner, CEO and co-founder of Superstate, recently shared his perspective on how this trend unfolds, speaking ahead of his appearance at the Benzinga Future of Digital Assets event.

The EU banking authority has unveiled a new set of transfer screening requirements for crypto service providers.

"I've been proud to serve with my colleagues at the SEC who, day in and day out," Gensler said yesterday during remarks at an event.

Kraken Layer 2 Ink introduced self-withdrawal to Ethereum, transaction review capabilities, and a security committee for asset protection.

A total of $3.4 billion worth of Bitcoin ($BTC) options are set to expire today, November 15, 2024, while an additional $580 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market.

A recent survey by Swiss digital bank Sygnum found that 72% of institutional investors – including family offices, external asset managers, fund managers, and hedge funds – are open to investing in crypto assets.

Consensys founder Joseph Lubin introduced the "Network State" initiative to promote personal sovereignty and to help people deal with regulatory challenges in the blockchain space.

TL;DR Base, in collaboration with Zora, launches an initiative to bring science to the blockchain, making research more accessible. Users can mint a short film from ResearchHub, explaining how blockchain transforms scientific funding and publishing. “Onchain science” uses blockchain to democratize research, eliminating economic barriers and promoting global collaboration.

Binance Futures is set to launch the DEGENUSDT perpetual contract offering up to 75x leverage, expanding trading options for users. The contract will be available from November 15, 2024.

The Hong Kong Monetary Authority, in its latest press release, has cautioned the public about certain crypto firms that are posing as banks. This comes as local regulators intensify efforts to combat fraud amid the region's push to establish itself as a crypto hub.

A Norwegian task force has advised against the immediate adoption of a central bank digital currency.

The Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims may violate local banking laws.

The UK will launch a pilot to deliver a digital gilt instrument, similar to a bond, using distributed ledger technology.

Blockchain AI projects have seen record fundraising but few end-users, here is where industry leaders see the technology heading next.

Fuse, a blockchain payments platform, has announced the release of Volt App 2.0, a new digital asset management tool, according to the updates shared with Finbold on Friday, November 15.

JPMorgan analysts outlined six key regulatory and market changes that could reshape the U.S. crypto landscape under Donald Trump.

NYSE Arca has filed with the SEC to list the Bitwise 10 Crypto Index Fund, aiming to convert the $1.3 billion trust into a regulated ETF.

NYSE Arca has filed with the SEC to list the Bitwise 10 Crypto Index Fund, aiming to convert the $1.3 billion trust into a regulated ETP.

Joe Lubin, CEO of Consensys, has expressed optimism that ongoing legal disputes between cryptocurrency firms and the U.S. Securities and Exchange Commission (SEC) may be resolved.

Upbit, South Korea's largest crypto exchange, is under scrutiny for allegedly approving a significant number of accounts without proper identification verification.

The crypto companies operating in Europe will have to comply with some stringent steps on the topic of regulation.

Eighteen Republican attorneys general have filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), accusing the federal agency of overstepping its boundaries in regulating digital assets, a move they claim undermines state authority.

Designed for mass-consumer applications like games, SocialFi, DeFi, and metaverses, Somnia promises to shake things up in the blockchain world. Somnia's internal tests show jaw-dropping results—processing over 400,000 transactions per second (TPS) with sub-second finality.

YouTube investigative journalist Coffeezilla, known for his deep dives into influencer-driven scams and questionable financial schemes, released a detailed video examining MrBeast's alleged involvement in cryptocurrency ventures.

The European Banking Authority has issued strict guidelines to enhance compliance among financial institutions and crypto service providers, mandating effective screening systems to ensure adherence to EU sanctions by December 30, 2025. The post EU Regulator Issues Strict Screening Guidelines for Crypto Providers appeared first on Cryptonews.

The crypto markets fell after Federal Reserve Chair Jerome Powell said on Thursday that the central bank is not "in a hurry" to cut interest rates.

Crypto literacy can't be just an attractive “gimmick” to hook users with—it has to be at the core of how companies engage with their audience.

Ilya "Dutch" Lichtenstein has been sentenced to five years in prison for his involvement in the 2016 Bitfinex crypto exchange hack and subsequent laundering of stolen funds.

The real-world asset (RWA) tokenization industry is projected to exceed $30 trillion by 2030, driven by nimble and mainstream financial institutions.

South Korea's Financial Intelligence Unit reportedly found 500,000 to 600,000 potential KYC violations on Upbit, the largest crypto exchange in the nation. KYC violations of this scale could lead to fines and possible license renewal issues.

Consensys has launched sovs.xyz, a platform built on its Linea zkEVM rollup, enabling users to declare personal sovereignty and foster stronger.

South Korea's Financial Intelligence Unit (FIU) is reportedly investigating Upbit, one of the country's leading cryptocurrency exchanges, over a staggering 600,000 alleged Know Your Customer (KYC) violations. The probe arises as the exchange seeks to renew its business license, with potential implications for its operations.