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UK Finance Minister Proposes Sandbox Initiative for Digital Assets Legislation

The UK government has announced a new legislative proposal for a Digital Securities Sandbox (DSS), aiming to create a supportive testing environment for crypto technologies and services. In the recently released Autumn Statement, UK Chancellor of the Exchequer Jeremy Hunt detailed 110...

, by Hongji Feng

Indian Finance Minister Shares Progress on Crypto Roadmap Implementation at Virtual G20 Summit

India’s Finance Minister Nirmala Sitharaman shared the latest advancements in the implementation of the crypto regulation roadmap during the virtual G20 Leaders' Summit yesterday. Emphasizing the formal adoption of the roadmap by the G20, Sitharaman highlighted the pivotal role of...

, by Jai Pratap

Binance Wallets Move Approximately $4 Billion in Stablecoin Ahead of DOJ Settlement

Binance wallets have moved $3.9 billion worth of Tether (USDT) in a recent transaction amid the exchange's pending $4.3 billion penalty that it agreed to pay to the Department of Justice. On-chain data shows that the majority of the funds were transferred from one Binance cold...

, by Ruholamin Haqshanas

US Prosecutors Move to Block Former Binance CEO CZ’s Return to UAE Until Sentencing

Prosecutors are pressing a federal judge to prevent former Binance CEO Changpeng Zhao from leaving the United States before his scheduled sentencing hearing on February 23, 2024. This move comes after the $4.3 billion settlement reached by Binance with the U.S. Department of Justice (DoJ)...

, by Jai Pratap

PancakeSwap Introduces New Voting System ‘Gauges’ for Governance Token Holders

Decentralized crypto exchange Pancakeswap has launched a new voting system called "Gauges" and "veCAKE," a new vote-escrowed system that allows users to vote on governance proposals and determine CAKE emissions allocations. According to a Nov. 22 blog post, PancakeSwap, the third-largest...

, by Hassan Shittu

Top Crypto Gainers Today on DEXTools – PEPEPE, CZ, SNAPCAT

Blue-chip cryptocurrencies are pumping on Wednesday amid a market-wide relief rally as traders digest recent news relating to Binance, the world’s largest cryptocurrency exchange. News broke on Tuesday that Binance had reached deals with the US Department of Justice and Commodity...

, by Michael Davis

Belgium Moves to Accelerate EU Blockchain Infrastructure Project

The Belgian government has unveiled plans to accelerate the development of a blockchain infrastructure project in Europe during its Council of the European Union presidency in early 2024. Mathieu Michel, Belgium's Minister of State for Digitalization, shared with Science|Business media on...

, by Jimmy Aki

Social Media Speculates if F2Pool is Censoring Transactions, Founder Responds

0x10BC, a Bitcoin development blogger, has unveiled data potentially suggesting that F2Pool has censored a number of recent transactions. What 0x10BC's data says 0x10BC, who runs a mining pool observation project with the aim of detecting potential unrecognized potential Bitcoin transactions,...

, by Julia Smith

GoldenTree Partner Behind Firm’s Crypto Expansion Set to Leave: Report

Long-time partner Joseph Naggar, who was highly influential in GoldenTree Asset Management’s expansion into crypto investments, is set to leave the company. The Block reported on Wednesday that Naggar’s exit is set to leave GoldenTree’s crypto unit in a period of...

, by Brian Yue

JPMorgan Says Binance’s Record $4.3B Settlement Removes ‘Systemic Risk,’ Calls It ‘Positive’

Crypto exchange Binance's $4.3 billion settlement with U.S. authorities marks a positive development for the company and the broader cryptocurrency sector, according to analysts at JPMorgan Chase & Co. Settlement to Remove Regulatory Uncertainty In a note to clients, JPMorgan said the...

, by Trent Alan

Analyst: BlackRock is Holding Meetings With the SEC About its Bitcoin ETF – Here’s What We Know

Blackrock held a meeting with the U.S. Securities and Exchange Commission (SEC) on Monday to discuss the structure of its upcoming Bitcoin ETF, according to a memo from the regulator. The meeting’s attendees included 8 members from the SEC’s Division of Trading and Markets, 7...

, by Andrew Throuvalas

Blockchain Association Releases 2023 Annual Report

The Blockchain Association released its annual report on Wednesday, November 22nd, showcasing the challenges and highlights faced by the crypto sector this year. Driving crypto forward Founded in 2018, the Blockchain Association is a crypto advocacy group spearheaded by CEO Kristin Smith....

, by Julia Smith

Hackers Exploit Apache ActiveMQ Flaw To Mine Crypto

Hackers are currently targeting a critical Apache ActiveMQ vulnerability to download and infect Linux machines with the Kinsing malware and crypto miner. In a blog post published on November 20, Trend Micro researchers reported that the exploitation of the CVE-2023-46604 vulnerability in the...

, by Brian Yue

Chainalysis and KPMG Unveil Joint Initiative to Tackle Crypto Fraud In Canada

Accounting firm KPMG’s Canadian unit is joining forces with blockchain data platform Chainalysis to assist companies in battling crypto fraud. As part of the collaboration, KPMG will join Chainalysis’ “Solution Provider” program. The program provides “rigorous monitoring, support, governance...

, by Brian Yue

BCB Group CEO Steps Down Following Exit By Fellow Executives

Crypto banking firm, BCB Group, announced the departure of CEO Oliver von Landsberg-Sadie today following the exits of two other executives, according to a company email sent Wednesday. A number of notable clientele BCB Group was originally founded by von Landsberg-Sadie and Oliver Tonkin as...

, by Julia Smith

China Debuts Solar Power Industry Digital Yuan Smart Contracts

A Chinese power provider says it has completed the first digital yuan smart contract transaction in the solar power industry. Per the Yangtse Evening Post (via Sohu), the State Grid Suzhou Power Supply Company struck the CBDC contract with the materials and textiles firm Suzhou Shicheng...

, by Tim Alper

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