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June 23, 2023

Prime Trust Halts Withdrawals Following Nevada Regulator’s Order

Crypto custodian Prime Trust has been issued a directive from the Nevada Department of Business and Industry that requires it to suspend fiat and digital asset deposits and withdrawals.

News
June 22, 2023

US Will Vote on Crypto and Stablecoin Legislation Next Month

The House Financial Services Committee is due to start debating two proposed laws in the second week of July that seek to create a distinct path for digital assets to transition from security investments to commodities with lower reporting and regulatory requirements.

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June 22, 2023

Fed Chairman Believes Agency Should Regulate Stablecoins

Federal Reserve Chairman Jerome Powell expressed support for a strong federal role in regulating the stablecoin sector on Wednesday.

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June 22, 2023

Valkyrie Files Application to Launch a Spot Bitcoin ETF

Valkyrie Funds yesterday submitted a filing to the US Securities and Exchange Commission (SEC) for its Valkyrie Bitcoin Fund ETF.

News
June 21, 2023

The Trading Volume of Grayscale’s Bitcoin Trust Increases 4-fold

Grayscale Investments’ GBTC has seen a remarkable 400% increase in trading volume, jumping from $16.1 million to $80 million.

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June 21, 2023

France Seeks a Global Regulation of DeFi Industry

The Financial Markets Authority (AMF) has released a statement arguing that a regulation framework is needed to manage decentralized exchanges (DEXs) both nationally and internationally.

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June 21, 2023

OKX Limits Services for Russian Citizens

Due to the requirements of Russian regulators, OKX cryptocurrency exchange amended on June 19 the service for Russian citizens by restricting their access to a number of products.

News
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"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution."
- Satoshi Nakamoto (Bitcoin White Paper)

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