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Coinbase CEO Says an Anti-Crypto Stance is a Bad Political Strategy Ahead of 2024

Coinbase CEO Brian Armstrong has said that an anti-crypto stance will be a bad political strategy for the 2024 elections giving reasons why millions of young people are backing digital assets. In a Dec 19 post on X ( formerly Twitter), the Coinbase Chief Executive listed five reasons why...

, by David Pokima

Bitcoin’s Market Cap Increased by a Peak of 172% in 2023 + More News

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin's Market Cap Increased by a Peak of 172% in 2023 Bitfinex Securities Facilitates $5.2M Tokenized Bond Raise...

, by Sead Fadilpašić

Putin Green-lights Russian Digital Ruble Tax Law

Russian President Vladimir Putin has signed off on a law that will see the digital ruble incorporated into the nation’s tax code. Per Telesputnik, the new law sees terms like “digital ruble” and “digital ruble wallet” added to the code. The law also allows...

, by Tim Alper

BlackRock Spot Bitcoin ETF Gains Momentum With Second SEC Meeting in December

BlackRock, the world's largest asset manager, is continuing to push forward with plans to launch a spot Bitcoin exchange-traded fund (ETF). In a positive sign for the potential approval of a spot Bitcoin ETF, BlackRock met with the United States Securities and Exchange Commission (SEC) for the...

, by Trent Alan

IOSCO Publishes Policy Recommendations for Decentralized Finance (DeFi)

The International Organization of Securities Commissions (IOSCO), which sets standards for securities market regulation globally, has issued policy recommendations for the supervision of decentralized finance (DeFi). On December 19, IOSCO unveiled nine policy recommendations aimed at...

, by Hassan Shittu

Iron Bank Euro’s Stablecoin Crisis: No Clear Path to Repeg After 60% Value Drop

Iron Bank Euro (IBEUR), a low-cap alternative stablecoin, has found itself in the midst of a crisis with no immediate route back to its stablecoin peg after experiencing a sharp 60% drop in value on Monday. The stablecoin, with a $3.7 million issuance, tumbled from a price of $0.97 (€0.89)...

, by Fredrik Vold

Atomic Wallet Offers $1 Million Bug Bounty Amid Security Lawsuit

Amid an ongoing class-action lawsuit related to a $100-million hack in June, the developer of Atomic Wallet has launched a $1-million bug bounty program aimed at identifying security flaws in its wallet software. In an announcement on December 18, the development team invited ethical hackers...

, by Fredrik Vold

UK Finance Minister to Probe Banking Challenges Faced by Crypto Firms

The finance minister of the United Kingdom has pledged to look into the reported difficulties faced by licensed cryptocurrency firms in opening business accounts in the country. Chancellor of the Exchequer Jeremy Hunt has agreed to meet with Economic Secretary of the Treasury Bim...

, by Ruholamin Haqshanas

Over 40 Countries Forge Ahead with Cryptocurrency Regulation and Legislation: PwC

More than 40 countries have made significant strides in advancing crypto-focused regulations and legislation this year, indicating a growing global trend towards wider cryptocurrency adoption. According to a recent report from professional services firm PriceWaterhouseCoopers...

, by Ruholamin Haqshanas

China’s Ministry of Industry Aims to Foster NFT and Dapp Growth Despite Crypto Ban

China's Ministry of Industry and Information Technology has published a document outlining its current and future work on developing Web3 and related technologies, including metaverse, non-fungible tokens (NFTs), and decentralized apps (dapps). The document is a response to a proposal by Wu...

, by Sead Fadilpašić

Blockchain Security Firm CertiK Warns OKX IOS Users to Update After Flagging Vulnerability

Blockchain security firm, CertiK has urged OKX users on IOS devices to update the software to the latest version after it identified a vulnerability with the potential of causing data and asset losses. In a post on X (formerly Twitter), the firm informed users of the discovery urging them to...

, by David Pokima

Ripple Obtains Virtual Asset Service Provider (VASP) License from Central Bank of Ireland

Blockchain payments firm Ripple has successfully obtained a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland (CBI). The news comes over a year after Ripple established an office in Dublin and applied for the license, aiming to expand its operations in...

, by Ruholamin Haqshanas

Binance Successfully Completes SOC 2 Type II Compliance Audit

Binance has completed a comprehensive SOC 2 Type II compliance audit, aiming to further enhance cryptocurrency security. The crypto exchange Binance announced in a blog post that it had successfully undergone the System and Organization Controls (SOC) 2 Type II compliance audit. This audit,...

, by Hongji Feng

Hong Kong Authorities Block Two Crypto Websites Suspected of Fraud

The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding two crypto firms suspected of engaging in fraud. The watchdog has cautioned the public to be wary of "LonShiX" and "Bitbank (Global) Financial Holding Group," both allegedly engaging in activities...

, by Jai Pratap

China to Craft a Document for Web3 Development Involving NFTs, DApps, Cross-Chain, and Privacy Computing

The Chinese central government has revealed plans to create a strategic document to guide the development of China's Web3 ecosystem. The document will support the growth of Web3 technologies such as non-fungible tokens (NFTs) and decentralized applications (DApps), according to...

, by Ruholamin Haqshanas

Galaxy Digital CEO Novogratz Anticipates Bitcoin ETF Approval by Jan 10

Galaxy Digital CEO Michael Novogratz predicts a significant milestone in the cryptocurrency market with the first approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In a recent interview with CNBC, Novogratz elaborated on his...

, by Hongji Feng

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