OKB price dips: OKX to cease operations in Canada
OKX will cease operation in Canada in June 2023. The exchange has already sent an off-boarding message sent to Canadian OKX users. Canadians will not...
Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary
More than 80 virtual asset-related firms across Mainland China and foreign nations have expressed interest in establishing a presence in Hong Kong, amid efforts from...
SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report
Silicon Valley Bank UK (SVB UK) has granted millions of pounds in employee bonuses, just days after it was rescued by global banking giant HSBC...
Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report
The Swiss National Bank (SNB) and Switzerland’s financial regulator reportedly believe that the acquisition of investment bank Credit Suisse by UBS, Switzerland's largest bank, is...
Sam Bankman-Fried to propose revised bail package ‘by next week’
The lawyer representing crypto entrepreneur Sam Bankman-Fried (SBF) in the ongoing FTX case will soon present a revised bail package to Judge Lewis Kaplan of...
Crypto assets to become a separate category in the UK tax forms
As Great Britain is gradually moving to its own comprehensive crypto framework, the Treasury introduces a separate category for crypto assets into the tax return...
Coinbase says ETH unstaking requests may take weeks or months to process
Staked ETH withdrawals are being processed on Ethereum Goerli Testnet ahead of the Shanghai upgrade. Coinbase has said it expects demand for ETH unstaking to...
Federal Reserve confirms July launch for FedNow instant payment service
The United States Federal Reserve has confirmed a July launch date for its long-awaited instant payments system, seen by some as an alternative to central...
Blockchain is the answer to Russia’s settlement issues, banking exec says
The adoption of blockchain is the right direction for Russia to solve its current settlement issues, according to an executive at Russia’s largest bank, Sberbank.Blockchain...
Coinbase files brief in SEC Wahi case, says it doesn’t sell securities, but would like to
Cryptocurrency exchange Coinbase filed an amicus brief in support of a motion to dismiss the case brought by the United States Securities and Exchange Commission...