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SEC Counters Coinbase’s Rulemaking Petition for Crypto Industry
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. The US Securities and Exchange Commission (SEC) has taken a firm stance against Coinbase’s recent request for novel regulatory frameworks to govern cryptocurrency operations. The filing of a countermotion on May 10 by the SEC attests to the regulator’s resistance … The…
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FTX Unveils Landmark 16 Billion Repayment Strategy for Creditors and Customers
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. FTX, a cryptocurrency exchange that recently filed for bankruptcy, has announced an ambitious repayment plan aimed at reimbursing its creditors and customers in full. The plan entails allocating billions of dollars to compensate for the time value of their investments, … The…
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Crypto Crackdown In South Korea: New Unit To Hunt Down Criminals
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. South Korea, a nation with a strong affinity for cryptocurrency, is at a critical juncture in its approach to digital assets. Faced with an increasing incidence of crypto-related crimes, South Korea is gearing up for a groundbreaking regulatory overhaul set … The…
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HashKey Group Announces Collaboration with The Open Network, Bringing Toncoin to Asia-Pacific Region
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. In a significant development within the cryptocurrency space, HashKey Group, the operator of one of the two licensed cryptocurrency exchanges in Hong Kong, has unveiled a collaboration with The Open Network (TON), the blockchain operator created by Telegram Messenger. The … The…
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Robinhood Lists Shiba Inu and Moves 3 Trillion SHIB: What New York Users Need to Know
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. In a notable development, cryptocurrency trading platform Robinhood has announced the listing of Shiba Inu (SHIB) for its New York users. This comes alongside the introduction of Avalanche (AVAX) and Compound (COMP) for trading on the platform. The move signals … The…
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Bitcoin’s Inflation Rate Drops After Halving, Surpassing Gold as Scarcest Asset
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. Following the latest Halving, Bitcoin’s inflation rate has officially become lower than Gold’s, making BTC the scarcest asset in history. In its latest weekly report, the on-chain analytics firm Glassnode discussed the impact of the latest Halving on cryptocurrency. Halving … The…
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