Hong Kong Will Begin Laying the Groundwork for a Retail CBDC
Market Analysis

Hong Kong Embarks on Retail CBDC Preparations

June 10, 2023 0

The Chinese Special Administrative Region of Hong Kong will begin laying the foundation of a public-use central bank digital currency (CBDC). The announcement from the Hong Kong Monetary Authority (HKMA) comes after a year-long listening […]

Crypto.com Announces Shutdown of US Institutional Business in Another Blow for Industry
Market Analysis

Crypto.com Ends Institutional Operations in the US

June 10, 2023 0

The American crypto industry met with another setback today as Crypto.com announced plans to wind down its institutional service. The exchange is the latest company to make an exit from the United States as Gary […]

CFTC Wins Lawsuit Against Crypto Derivatives Operator Ooki DAO
Ethereum

CFTC Wins Lawsuit Against Crypto Derivatives Operator Ooki DAO

June 10, 2023 0

A federal judge has sided with the U.S. Commodity Futures Trading Commission (CFTC) in a lawsuit alleging decentralized autonomous organization (DAO) Ooki DAO offered unregistered commodities, quashing an industry-wide perception that decentralized finance (DeFi) actors […]

New Details in the BTC-e Exchange Case
Bitcoin

New Details in the BTC-e Exchange Case

June 10, 2023 0

Fully 300,000 of those coins went to BTC-e, another now-defunct crypto exchange. BTC-e was shut down by the FBI in 2017, and the exchange’s alleged operator, Russian national Alexander Vinnik, was arrested in Greece and […]