Crypto Asset Funds Experience Outflows Ahead of Fed Meeting
Bitcoin News The entire outflow from crypto asset investment products was $6.5 million. Investors prepare for a big policy decision from the Federal Reserve on July...
Custodia Bank CEO Criticizes Fed Over FedNow Exclusion
Long noticed Amsterdam-based Adyen being granted access to the FedNow system. The CEO is presently in the middle of a lawsuit against the Fed over...
El Salvador’s Bonds Witness Whopping 60% Gains This Year
Bitcoin News A year ago, El Salvador’s 10-year bond yields reached 24%. The nation was able to repay $800 million in short-term debt and interest in...
Nigerian Social Payments App Bundle Shuts Down Crypto Services
The firm said in a statement that the decision was made by its shareholders. All Bundle customers are urged to remove their funds no later...
British Court Accepts Craig Wright’s Appeal in Bitcoin Copyright Lawsuit
Craig Wright has claimed to be Bitcoin’s creator since 2016. The trial is scheduled to commence at the beginning of 2024. On July 20, a British...
Whale Bitcoin Address Activated After 11 Years as BTC Stays Below 30K!
Bitcoin News An inactive Bitcoin holder transacted 1,037 BTC to another address. Bitcoin has seen a drop from $30K. Earlier on Saturday, an inactive Bitcoin holder transferred...
Bitcoin Network Witnesses Abnormal Block Generation Delay
Bitcoin, the most popular cryptocurrency, has a block duration of around 10 minutes. A similar scenario was witnessed in October of last year recording a...
UK’s HM Treasury Rejects Labeling Crypto Trading as Gambling
In May of 2023, a cross-party Committee of MPs recommended the new legislation. Andrew Griffith said that such regulation would be in violation of international...
Kuwait Enforces Nationwide Ban on Crypto Activities
Article 15 of Law No. 106 of 2013 specifies the penalty for breaking Kuwait’s AML law. It forbids local authorities from providing licenses to businesses...
Nasdaq Drops Crypto Custody Plans Amid Regulatory Uncertainty
The corporation had filed for a limited-purpose trust company with the NYDFS earlier. The decision by Nasdaq is a setback for the institutional adoption of...