The UK's Financial Conduct Authority maintains its strict regulatory standards for digital currency firms despite industry pushback, requiring comprehensive compliance with AML/CFT rules, consumer protection measures, and operational resilience standards.

Crypto startup Spacecoin XYZ announced plans to launch the first blockchain network in outer space using a fleet of nanosatellites. According to a Spacecoin XYZ's whitepaper published on Nov.

Paxos has launched USDG, a new dollar-pegged stablecoin managed by DBS Bank and designed to comply with Singapore's upcoming regulatory framework, initially available on Ethereum with plans for multi-chain expansion.

Dutch Central Bank fines cryptocurrency exchange Bybit $2.45 million for operating without proper registration while violating anti-money laundering requirements.

Two Abu Dhabi firms, Realize and Neovision Wealth Management, have launched a fund that tokenizes U.S. Treasury bill exchange-traded funds. The fund aims to attract investors from the Gulf, Europe, and Southeast Asia.

Eastern Europe has become the fourth-largest cryptocurrency market in the world, accounting for over 11% of the total cryptocurrency value received worldwide.

Danish crypto holders pay up to 53% in capital gains tax, the highest globally

PeckShield reports that October saw nearly 20 crypto hacks, leading to around $88.4 million in losses, with the top incident affecting Radiant Capital.

Russia's crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation.

Stablecoin issuer Paxos has announced a new token dubbed “Global Dollar” that is “substantively compliant with MAS' upcoming stablecoin framework.

The U.S District Court in Manhattan has ruled the Citadel Securities' lawsuit accusing crypto-trading startup Portofino of stealing the firm's trade secrets can largely proceed. According to a court filing on Oct.

With the sudden crash in the crypto market, weekly gains are starting to evaporate. In the past 24 hours, the crypto market has witnessed a massive liquidation of $289 million, an increase of 172%. The bulls have suffered mostly in this liquidation phase, with a wipeout of $258 million.

Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore's MAS framework.

In the last 15 years, the crypto trading industry has grown from $0 to $2.43 trillion. This journey has attracted millions of investors and cryptocurrencies to build it among the top financial markets in the world.

Florida's Chief Financial Officer, Jimmy Patronis, has expressed optimism about the potential for the state's cryptocurrency investments to expand, particularly if Donald Trump is elected president again. Currently, Florida has approximately $800 million invested in crypto-related assets, and Patronis believes that this amount could increase significantly.

Franklin Templeton, a prominent asset management firm, has introduced its OnChain U.S. Government Money Market Fund on Coinbase's layer-2 blockchain, Base.

The new survey by the crypto-exchange BITmarkets on the community.

Former BitMEX CEO Arthur Hayes challenges conventional wisdom regarding Donald Trump and his purported influence on the crypto market. In an interview with Channel News Asia, he states that the outcome of the U.S. presidential elections will have only a limited impact on the future of digital assets, pointing instead to China as the major catalyst for the upcoming bull cycle.

In a recent interview with CNBC, Florida's Chief Financial Officer, Jimmy Patronis, outlined the state's increasing commitment to crypto investments. This comes in light of his recent directive urging pension fund managers to explore Bitcoin as a potential strategic reserve asset.

In today's digital world, customer loyalty programs have experienced a major evolution. These loyalty programs help businesses with customer retention and rewarding long-term customers, and technology plays a significant part in making them effective.

Patronis hit out at crypto skeptics during a CNBC interview on Thursday, saying that those not paying attention to crypto were making a “mistake” and suggesting that Miami could become the “crypto capital of the world”.

The Blockchain Association reported that digital asset firms spent over $426 million on litigation against the SEC since Gary Gensler became chair.

The new stablecoin complies with Singapore's upcoming framework. Initially, it will be available on the Ethereum blockchain, with plans to extend to other blockchains.

Centralized cryptocurrency exchange, Kraken, is launching its own blockchain network, Ink, next year, hoping to attract more people to the decentralized finance (DeFi) space. According to Kraken, the Ethereum Layer 2 (L2) blockchain will have a full mainnet launch for retail and institutional users in the first quarter of 2025.

Spacecoin XYZ has unveiled its plan to launch a decentralized physical infrastructure network in outer space, which it believes will be the foundation for off-world data centers and the space economy.

Arkham Intelligence announces integration with Phantom Wallet, allowing users to track their holdings and transactions directly on the Arkham platform.

Gotbit founder was involved in “a wide-ranging conspiracy” to manipulate crypto markets on behalf of client companies. The post Crypto ‘Market Maker' Gotbit Founder Faces Wire Fraud Charges appeared first on Cryptonews.

Key Points:

Politicians making big crypto promises — Donald Trump and Yuichiro Tamaki — are trending in Japan as the economy struggles and holders of cryptocurrency are taxed without mercy. Below the cacophony of election hubbub, however, a fresh movement of peer-to-peer (P2P) adoption and usage has begun in Asia, based on bitcoin cash.

The U.S. Treasury's report shows tokenized assets could drive significant demand for Treasuries, especially during crypto downturns. As Digital Assets Grow, Treasury Demand Finds Strength in Tokenized Safe Havens The U.S.

VanEck, a leading global asset manager, has announced its second major gaming investment under its liquid token strategy.

In a revealing update from the Blockchain Association, a crypto industry group, firms have reported substantial financial burdens due to the actions of the U.S. Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. This data, compiled and released in cooperation with HarrisX, shows that since April 2021, when Gensler took office,

Liquid democracy offers a hybrid model of direct and representative democracy, but its implementation in Web3 faces challenges. Discover the potential and hurdles of this governance approach.

At a London press conference on October 31, an individual named Stephen Mollah claimed to be Satoshi Nakamoto, the anonymous creator of Bitcoin. However, his lack of credible evidence frustrated the attendees.

The crypto market's complexity can indeed be overwhelming, especially for newcomers. However, to gain an edge, one of the best things to do is to follow top crypto traders who regularly share insights, strategies, and analyses.

AlixPartners partners with Chainalysis to boost forensic investigations and compliance services in the digital asset sector, leveraging advanced blockchain technology.

As blockchain technology continues to enter mainstream financial systems, Markus Kuhnert, founder and CEO of 1iO, has raised concerns about its core principles being overshadowed. Ahead of the upcoming Benzinga Future of Digital Assets event, a BRANDGUARDIAN representative, responding on behalf of Kuhnert, emphasized the potential and challenges of blockchain's growing role in finance.

Franklin Templeton launches its tokenized fund on the Coinbase L2 network.

Following previous trends, memecoins are outpacing altcoins in capital attraction, signaling a potential cycle post-election.

A YouTube sensation is currently under fire after several on-chain investigators found traces of information that linked the social media influencer to dubious cryptocurrency promotions. These recent allegations against the content creator, MrBeast, again opened the debate on whether influencers should be held accountable when promoting crypto.

Benjamin Cowen says altcoin season may be delayed until 2025 as Bitcoin dominance continues to hold firm around 60%. The post Altcoin Season unlikely before 2025, says crypto analyst Benjamin Cowen appeared first on Crypto Briefing.

Bitfarms Ltd. signs a second 10,000 miner hosting agreement with Stronghold Digital Mining, enhancing operations at Stronghold's Scrubgrass site in Pennsylvania.

A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S.

One of the executives involved in the multi-billion-dollar fraud case has been spared from serving time.

Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers.

The founder of cryptocurrency market maker Gotbit was indicted for his alleged role in a wide-ranging conspiracy to manipulate cryptocurrency markets on behalf of client cryptocurrency companies, the U.S. Justice Department said on Thursday.

VC funding revived in October after sliding for three months. A total of $2B in rounds was raised in the past month, with more than 31% going to seed rounds.