Nike Faces Lawsuit Over NFT Platform Shutdown
Nike faces legal backlash from disgruntled investors after abruptly shutting down its RTFKT digital sneaker platform last year.
Coinbase Asks to Allow SEC Workers to Hold Crypto
Coinbase has formally called on US regulators to remove restrictions that prevent SEC employees from trading or using cryptocurrencies that aren’t classified as securities.
ARK Invest Predicts Bitcoin Will Hit $2.4M by 2030
Asset manager ARK Invest has increased its Bitcoin bull case price prediction to $2.4 million by 2030, up from $1.5 million. This adjustment is largely attributed to growing institutional investment and Bitcoin’s recognition as “digital gold.” In ARK’s “Big Ideas 2025” report, the firm updated its 2030 Bitcoin price targets, projecting bear, base, and bull cases of approximately $300,000, $710,000, […]
SEC Delays Decisions on Polkadot and Hedera ETFs
The US Securities and Exchange Commission (SEC) is extending its decision deadline for several proposals to list and trade crypto funds based on Polkadot and Hedera tokens.
Federal Reserve Withdraws Crypto Guidance
In a significant shift that could transform the banking sector’s interaction with digital assets, the US Federal Reserve announced on April 24, 2025, that it has withdrawn key supervisory guidance concerning cryptocurrency and stablecoin activities.
Russia to Establish a Crypto Exchange
Russia’s Ministry of Finance and the Central Bank are set to launch a cryptocurrency exchange for “super-qualified investors.”
Binance Introduces New Compliance Rules for South African Users
Effective April 30, Binance is introducing new compliance measures for its South African users.
