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Project Tourbillon: CBDCs Can Meet Privacy Requirements, BIS Research Reveals

The Bank for International Settlement (BIS) has released the final report on Project Tourbillion, its privacy-inclined Central Bank Digital Currency (CBDC) project. A Nov 29 release shows a pathway to achieving privacy standards in CBDC deployment and usage with two prototypes; eCash 1.0 and...

, by David Pokima

IOTA Rolls Out $100M Abu Dhabi Foundation, Targets Middle East

Open-source blockchain platform IOTA has unveiled its Abu Dhabi Foundation as part of its strategy to kickstart its Middle East expansion plans. Taking to its X (formerly Twitter) official handle on November 29, the feeless, permissionless distributed ledger technology (DLT) protocol...

, by Jimmy Aki

Paxos Receives Approval To Issue Stablecoins In Abu Dhabi

Crypto firm Paxos has secured two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market. The company said in a press release published on Wednesday that the approvals would allow Paxos to issue stablecoins and provide cryptocurrency...

, by Brian Yue

Dogecoin-funded SpaceX Moon Mission To Launch in January

DOGE-1, a Dogecoin-funded SpaceX moon mission, has received a key regulatory approval from the National Telecommunications and Information Administration. The approval is one of the precursors to the final Federal Communications Commission license, which the mission is still yet to receive. The...

, by Brian Yue

Cathie Wood’s ARK Invest Sells Coinbase Near Top, Loads Up on Robinhood

Cathie Wood's ARK Invest continues to make moves in the crypto sector, trimming its Coinbase stake while adding to its Robinhood position. The asset management firm sold nearly $5.3 million worth of Coinbase shares on Monday from its ARK Fintech Innovation ETF as the crypto exchange's stock...

, by Trent Alan

Coinbase Stock Outperforms Bitcoin and Ethereum: What’s Behind the Surge?

Shares of the crypto exchange Coinbase with the ticker COIN are surging in the stock market, currently trading at $128.27, the highest level seen in 2023. The current stock price surpasses the previous peak of $110.15 from July and aligns with price levels from May 2022 when spot Bitcoin...

, by Fredrik Vold

Binance’s Thai Expansion With Gulf Energy Under Scrutiny Post $4.3 Billion US Penalties

Binance is reportedly facing challenges in Thailand ahead of its plans to launch a new crypto platform with billionaire Sarath Ratanavadi’s Gulf Energy. The beleaguered exchange, which is currently facing criminal charges and civil lawsuits in the US, is under scrutiny in...

, by Sujha Sundararajan

Upbit Crypto Exchange Operator Dunamu Suffers 82% Drop in Profits

Dunamu, the South Korean operator of the Upbit crypto exchange, has seen year-on-year profits fall by a staggering 82% in the third quarter of FY2023. The South Korean media outlet Business Post reported that Dunamu published its financial report for the third quarter of 2023 on November 28....

, by Tim Alper

South Korean Police Arrest 48 in ‘Crypto-powered Drug Trafficking’ Raids

Police in the South Korean city of Daegu say they have raided a “drug trafficking organization” that used crypto as a payment tool – and arrested 48 people. Per Chosun Ilbo, the Daegu Police Agency’s metropolitan investigation unit arrested 44 people connected to a...

, by Tim Alper

Israeli Officials: 70% Spike in Donations Made to Hamas-Related Charities Since Oct 7

There has been an increase in donations to charities linked to Hamas following the resistance group's attack on Israel on October 7. According to Israeli officials, the surge in donations is estimated to be around 70%, CNBC reported on Tuesday. The report noted that the exact...

, by Ruholamin Haqshanas

CFTC’s Request for Coinbase User Data Linked to Bybit Investigation – What’s Going On?

Coinbase users are reportedly receiving emails notifying them that their customer information might be shared with the US Commodities Futures Trading Commission (CFTC) following a subpoena served to Coinbase. While the exchange has not publicly commented on the matter, the legal order...

, by Fredrik Vold

Tax Crackdown: UK Authorities Target Crypto Users for Unpaid Taxes

The UK national taxing authority has asked crypto users to disclose any unpaid taxes they might have in order to avoid fines. In a Wednesday announcement, HM Revenue and Customs (HMRC) asked crypto users to make a "voluntary disclosure of any unpaid tax" relating to income or...

, by Ruholamin Haqshanas

SEC in Philippines: Binance is Operating Without a License – Here’s the Latest

The Securities and Exchange Commission in the Philippines has warned users that cryptocurrency exchange, Binance is operating without the required license. In a Nov 28 press release, the regulator stated that the exchange lacks authorization to sell securities to the public in the...

, by David Pokima

Soccer Superstar Cristiano Ronaldo Sued for Promoting Binance Crypto Exchange – Here’s the Latest

Soccer superstar Cristiano Ronaldo is facing a proposed class-action lawsuit for promoting crypto exchange Binance. The lawsuit, filed on November 27 in a United States district court in Florida, asserts that Ronaldo played a role in the sale of unregistered securities in...

, by Ruholamin Haqshanas

SEC Seeks Public Feedback For Franklin Templeton and Hashdex Spot Bitcoin ETFs

The United States Securities and Exchange Commission (SEC) wants public opinion on the spot Bitcoin (BTC) ETF applications of Franklin Templeton and Hashdex. In an announcement on Nov 28, the Commission highlighted the next phase in the scrutiny of spot BTC ETF applications filed by both...

, by David Pokima

Apple Ends Partnership With Goldman Sachs as Tech Giant Expands into Lending

Apple has decided to terminate its credit-card partnership with Goldman Sachs as the tech giant pushes deeper into consumer lending. Apple recently submitted a proposal to Goldman Sachs, outlining its intention to exit the contract within the next 12 to 15 months, according to a report...

, by Ruholamin Haqshanas

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