BAYC investors have less than a week to join class action against Yuga Labs
Troubled cryptocurrency fintech Yuga Labs is about to face more lawsuits in relation to its nonfungible tokens (NFT) collection, Bored Ape Yacht Club (BAYC) and...
South Korea to deploy cryptocurrency tracking system in 2023
The Ministry of Justice in South Korea announced plans to introduce a crypto-tracking system to counter money laundering initiatives and recover funds linked to criminal...
Fed policy to align bank oversight could limit crypto activities by state banks
The United States Federal Reserve Board announced Jan. 27 that it was issuing a policy statement on limitations on banks. The policy seeks to create...
Fed denies Custodia Bank application to join the Federal Reserve System
The United State Federal Reserve Board has rejected Custodia Bank’s application to become a member of the Federal Reserve System. In its announcement, the Fed...
UK’s FCA hints at why its given only 15% of crypto firms the regulatory nod
Despite the plans to turn the region into a bustling crypto hub, the United Kingdom’s financial watchdog says it has given the all-clear to only...
SEC once again rejects ARK 21Shares Bitcoin ETF listing
The SEC has once again rejected a proposal to list the ARK 21 Shares Bitcoin ETF on equities exchange Cboe BZX, according to Jan. 26...
DeFi protocol Aave to deploy V3 upgrade on Ethereum
Aave holders approve major technical upgrade dubbed Aave Ethereum V3. The vote results showed a total of 706,258 AAVE, or 100% support. Aave Ethereum V3...
Coinbase fined €3.3M by the Dutch central bank
The Dutch central bank has fined the US-based crypto exchange on registration grounds. Coinbase has a significant number of customers in the Netherlands. Authorities claim...
White House science office calls for comments on its digital asset research agenda
The administration of United States President Joe Biden is continuing to deveits National Digital Assets Research and Development Agenda. In a request for information (RFI)...
New ‘Celsius token’ may be used to repay creditors: Report
Bankrupt crypto lending firm Celsius may issue its own token to repay creditors, according to a Jan. 24 report from Bloomberg that cites a video...