South Korea Issues Suspension Order Against Upbit
Upbit, one of South Korea’s largest cryptocurrency exchanges, may face sanctions for not complying with the country’s anti-money laundering and know your customer (KYC) requirements.
Swiss State-Owned Bank Launches Crypto Staking Service
Swiss government-owned investment bank PostFinance AG is now offering Ethereum staking to its customers.
Tether CEO Eyes US Expansion
Tether CEO Paolo Ardoino expressed interest in potentially expanding the company’s presence in the United States, but remains cautious as regulatory changes are still uncertain.
VanEck Files Application to Issue an Onchain Economy ETF
VanEck has applied to launch a new exchange-traded fund (ETF) focused on companies that build infrastructure for digital assets, rather than direct crypto exposure.
Report: Illicit Crypto Volumes Hit $51 Billion in 2024
According to a recent report by Chainalysis, the use of cryptocurrency for illicit activities is expanding and is expected to reach a total volume of $51 billion by 2024.
Pump.fun to Face Legal Action From Law Firm
A leading US law firm specializing in cryptocurrency has announced it will be taking legal action on behalf of investors who suffered losses during the launch of the Solana memecoin on the Pump.fun platform.
Osprey Funds Seeks to Convert its Bitcoin Trust into ETF
The investment management company Osprey Funds, based in the United States, is preparing to transform its Bitcoin trust into an exchange-traded fund after the acquisition with Bitwise fell through.
