Uphold Plans to Delist 6 Stablecoins, Including USDT
European users of the cryptocurrency exchange Uphold have received a notice stating that starting July 1, the platform will no longer support six popular stablecoins.
MicroStrategy Raises its Convertible Note Offering to $700M
MicroStrategy has boosted its offering of convertible senior notes from $500 million to $700 million. These notes will accrue 2.25% annual interest and mature in 2032.
Japanese Regulator Issues Warning Against LBank
The Japanese financial regulatory body has officially cautioned the LBank Exchange for targeting Japanese investors without proper registration.
South Korea Crypto Exchanges to Delist Hundreds of Altcoins in 2024
South Korean cryptocurrency exchanges may soon delist numerous alternative coins, as financial authorities increase their efforts to regulate the sector.
Terraform Labs Announces it is Ceasing its Operations
Terraform Labs, under the leadership of CEO Chris Amani, has announced its decision to shut down following a $4.47 billion settlement with the United States Securities and Exchange Commission.
SEC Will Likely Approve Spot Ether ETF S-1 Registration Statements This Summer, Gensler Says
During a hearing with the Senate Banking Committee, US Securities and Exchange Commission Chair Gary Gensler proposed that the regulator could give final approvals for listing and trading shares of spot Ether exchange-traded funds (ETFs) within three months.
Swiss Regulator Closes a Crypto Bank
The Swiss Financial Market Supervisory Authority (FINMA) has placed FlowBank, an online Swiss bank that previously provided customers with access to cryptocurrency, into bankruptcy due to concerns regarding its financial stability.
