SEC and Gensler believed Ether was security for at least a year
In April 2023, Gensler refused to answer repeated questions on whether the SEC believed Ether to be a security. Source link
Mainland China investors won’t be able to buy Hong Kong Bitcoin ETFs
Mainland Chinese citizens will not be able to purchase Bitcoin and Ether ETFs in Hong Kong because mainland China banned crypto transactions years ago. Source link
Chinese 'Crypto Dad' faces government investigation
Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations. Source link
Binance operating without license in Philippines, regulator says
Cryptocurrency exchange Binance has been operating in the Philippines without the necessary approval or license, according to the local securities regulator. The Philippines Securities and Exchange Commission (SEC) issued a warning against Binance on Nov. 28, informing the public that the exchange is not authorized to sell or offer securities in the country. The announcement […]
Raiffeisenlandesbank to launch Bitcoin trading in early 2024
The Austrian subsidiary of European lender Raiffeisen Bank is preparing to allow its clients to trade cryptocurrencies like Bitcoin (BTC) in the coming months. After initially announcing its crypto plans in April 2023, Raiffeisen Bank’s Raiffeisenlandesbank Niederösterreich-Wien (RLB NĂ–-Wien) is moving forward with a crypto rollout in collaboration with the Austrian crypto firm Bitpanda. RLB […]
Telegram Wallet avoided self-custody to ease crypto onboarding, COO says
Telegram Wallet, a major Telegram bot allowing users to buy and sell cryptocurrencies like Bitcoin (BTC), has chosen custody over self-custody to chase easier onboarding goals, according to a senior executive. In July 2023, crypto-friendly Telegram messenger announced the integration of the custodial crypto wallet to allow users to access it directly from the messenger’s […]
CoinShares’ crypto venture Komainu wins crypto registration in UK
Komainu, a cryptocurrency custody firm co-created by crypto investment firm CoinShares, hardware wallet company Ledger and Japanese Nomura, has secured major regulatory approval in the United Kingdom. The company announced on Oct. 6 that it has received approval from the U.K. Financial Conduct Authority (FCA) to register as a custodian wallet provider under the Money […]