The Financial Conduct Authority (FCA) reported 87% of crypto companies applying for registration under the UK's money laundering rules failed to receive approval in the last fiscal year. Only four out of 35 applications were approved in the 12 months ending March 31, 2023.

Magic Eden, an NFT marketplace, has announced the launch of a new domain exclusive to U.S. users.

In a notable regulatory victory for Binance, the world's largest cryptocurrency exchange by trading volume, the company announced that it had received approval to operate in Kazakhstan after facing ongoing regulatory hurdles, particularly in the United States.

Discover six essential talks from a16z Crypto Startup Accelerator (CSX) offering valuable insights and strategies for early-stage crypto startups.

Cryptocurrency exchange Coinbase has secured a partial victory against the U.S. Securities and Exchange Commission (SEC), potentially gaining access to critical documents regarding the agency's classification of tokens as securities.

A Nigerian court is set to make a crucial decision on October 9 regarding the bail application of Tigran Gambaryan, a senior executive at Binance. Gambaryan, who has been in detention for over six months, faces serious charges of currency manipulation and money laundering.

The strategies adopted by the rich: using bitcoin to protect themselves from risks and more.

On Friday, the Nvidia stock rout extended with the NVDA price crashing more than 4% all the way to $102.83. Over the past week, the NVDA share price has corrected by 14% sending the entire US tech industry into a tailspin.

In 2020, Justin Sun, the founder of the Tron blockchain, famously gifted 1,930,830 TRX coins to renowned American entrepreneur Warren Buffett. At the time, the value of the TRX gift was approximately $31,086. Fast forward to 2024, that same holding has surged by 1000%, bringing Buffett's TRX holdings to a remarkable $289,000.

Coinbase has secured a partial win in its legal battle with the SEC, marking a notable milestone in their ongoing conflict.

Tokenomics is already causing quite a stir.

The general public is not actively concerned about whether applications are decentralized because they often cannot tell the difference between centralized and decentralized systems, according to Cais Manai, co-founder of Obscuro Labs. What matters more to them, Manai argues, is how decentralization can address real-world issues.

After the crypto market struggled to maintain a bullish recovery in the past few weeks following the August 5 crash, Bitcoin (BTC) price led the altcoin sector in notable losses on Friday.

The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project Pax, replaces correspondent banks with blockchain technology, linking it to SWIFT to allow users to initiate payments conventionally using regular banking rails.

In an astonishing win, Coinbase has secured a significant victory in its ongoing legal battle with the SEC. On September 5, a federal judge ruled in the favor of the crypto exchange to allow its legal team access to certain SEC documents.

According to VanEck, layer 2s are “cannibalizing” Ethereum revenues.

Binance Futures announces the launch of USDⓈ-Margined NEIRO/ETH Perpetual Contract with up to 75x leverage, enhancing trading options.

BitMEX announces the launch of Q4 2024 Quarterly Futures, set to go live on September 10, 2024, according to the BitMEX Blog.

A New York judge granted Coinbase partial access to SEC documents but denied Gary Gensler's subpoena in the SEC Coinbase lawsuit over unregistered securities.

Hackers are getting more and more aggressive towards stealing cryptos. They have stolen over $1.2 Billion in crypto since January. Reports suggest that most of these hacks are related to DPRK. The FBI has issued a Public service announcement on September 3, warning the crypto industry about North Korean hackers.

Binance Margin expands its offerings with new trading pairs on Cross and Isolated Margin, enhancing user experience and trading strategies.

BitMEX has introduced changes to Minimum Price Increments, Lot Size, Base Initial Margin, and Maintenance Margin for several contracts.

Binance Futures is set to launch a USDⓈ-Margined QUICK Perpetual Contract offering up to 75x leverage, enhancing trading options.

Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan's first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including financial audits and ISO certifications.

Animoca Brands Japan collaborates with TOKYO STUPID GAMES to enhance Web3 expansion and real-world assets integration.

New data from market intelligence firm DappRadar reveals that the total value locked (TVL) in decentralized finance (DeFi) plunged during the month of August.

In what local media are calling the first operation of its kind, the Argentine judicial system ordered the seizure of nearly $28,600 in stablecoins from a criminal organization that used cryptocurrency to launder millions of dollars. The criminals obtained these funds from two main activities: phone smuggling and operating illegal online casinos.

The turbulent UK cryptocurrency landscape sees the Financial Conduct Authority report that 87% of crypto registration applications failed in the last fiscal year.

A U.S. crypto advocacy group will hold its second "Stand with Crypto Day," which will include a performance from The Chainsmokers.

India's Financial Intelligence Unit (FIU-India) is reportedly set to approve two more offshore crypto exchanges to resume operations in the country by the end of the 2025 fiscal year, following a thorough review of their compliance with anti-money laundering (AML) laws.

Crypto exchanges Bybit and Binance announced on September 6 important strides toward becoming fully regulated Digital Asset Trading Facilities (DATFs) in Kazakhstan. Both exchanges received full authorization from the Astana Financial Services Authority (AFSA).

Paul Grewal, Coinbase's chief legal officer, said the SEC would be compelled to produce “important discovery” in its civil case after a judge's order.

Tron founder Justin Sun took to X to reveal the latest crypto win recorded by American entrepreneur Warren Buffet. According to Sun, the CEO of Berkshire Hathaway held the Tron (TRX) for more than 4 years.

According to Web3 gaming firm Moxy, the deal will save the company around $3.5 million in gas fees annually.

The collaboration will allow European crypto users to spend their assets for daily purposes easily.

Ethereum's co-founder Vitalik Buterin announced that he will donate proceeds from his layer 2 projects to projects within the network's ecosystem and wider charitable causes. This comes after some users raised questions on recent crypto transfers.

Retail trading giant Robinhood is settling with the state of California for millions of dollars after an investigation uncovered users were stymied from withdrawing their funds. In a new press release, California's Department of Justice says that Attorney General Robert Bonta settled with the crypto branch of Robinhood for $3.

The Chamber of Progress, a technology industry coalition advocating for digital innovation, has urged moderators of the upcoming ABC presidential debate to include a critical question on crypto regulation. In a letter sent to moderators Linsey Davis and David Muir on Sept.

Russia has taken steps to utilize cryptocurrency, having enacted legislation permitting cryptocurrency mining and using digital currencies for international transactions.

The US Treasury Department is intensifying its efforts to regulate crypto transactions linked to terrorist organizations, notably Hamas, as it seeks to address national security risks associated with virtual assets.

The US SEC has once again targeted the digital assets sector, with the latest regulatory actions against crypto lender Salt Blockchain. The agency has revoked the securities license of the crypto lender, sparking discussions in the market.

Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here's what you'll find in today's edition:

With most state primaries for the US House and Senate completed, the Fairshake PAC and its affiliates are supporting candidates in the November election.

Bybit reveals its “consent to a full authorization” in Kazakhstan, shortly after Binance's announcement.

An under-the-radar altcoin is skyrocketing after being added to Coinbase's listing roadmap. In a new thread on the social media platform X, top US-based crypto exchange platform Coinbase is announcing the addition of decentralized finance (DeFi) protocol Moonwell (WELL) to its suite of products.

The platform recently hit a peak of $60 million in daily volume, showcasing renewed interest in digital collectibles across blockchains.

A federal judge has rejected Coinbase's motion to dismiss a proposed class action lawsuit by shareholders, Reuters reported Sept. 6. The lawsuit accuses the largest US crypto exchange of downplaying the likelihood of being sued by the US Securities and Exchange Commission (SEC).

On Thursday, former President Donald Trump reiterated his vision for a potential second term, focusing on making the United States the global leader in cryptocurrency and future technologies like artificial