Singapore’s financial authority grants license to SBI’s digital asset arm

Singapore’s financial authority grants license to SBI’s digital asset arm

The Monetary Authority of Singapore, or MAS, has granted SBI Digital Markets, a subsidiary of the digital asset arm of Japan-based financial giant SBI Holdings, a license to conduct certain regulated activities in…

Monkey Business from Yuga Labs With Rumored Mecha Apes Launch

Monkey Business from Yuga Labs With Rumored Mecha Apes Launch

Yuga Labs, the company that launched Bored Apes Yacht Club, Mutant Apes Yacht Club, Bored Apes Kennel Club, and the Otherside land tokens, has plans to launch yet another non-fungible token (NFT) collection….

US Treasury sanctions Iran-based ransomware group and associated Bitcoin addresses

US Treasury sanctions Iran-based ransomware group and associated Bitcoin addresses

The United States Treasury Department’s Office of Foreign Asset Control has added 10 individuals, 2 entities, and several crypto addresses allegedly tied to an Iranian ransomware group to its list of Specially Designated…

Vietnam Tops Global Crypto Adoption Dominated by Emerging Markets

Vietnam Tops Global Crypto Adoption Dominated by Emerging Markets

Emerging markets dominated this year’s Global Crypto Adoption Index, with Vietnam coming in at the top spot for the second year running. According to the most recent annual index from crypto analytics firm…

US Treasury clarifies publishing Tornado Cash’s code does not violate sanctions

US Treasury clarifies publishing Tornado Cash’s code does not violate sanctions

The United States Department of the Treasury said “interacting” with cryptocurrency mixer Tornado Cash’s open-source code, with certain provisions, would not be in violation of sanctions imposed by the Office of Foreign Assets…

Ninja Turtles, Mean Girls Among Slew of Web3 Trademark Filings

Ninja Turtles, Mean Girls Among Slew of Web3 Trademark Filings

Hollywood film studios are filing Web3 trademark applications for beloved adolescent brands, including the Teenage Mutant Ninja Turtles. Viacom International and Paramount Pictures have filed metaverse and non-fungible token (NFT) trademark applications for…

Chamber of Digital Commerce says ‘the time has come’ for the SEC to approve a Bitcoin ETF

Chamber of Digital Commerce says ‘the time has come’ for the SEC to approve a Bitcoin ETF

The crypto advocacy group Chamber of Digital Commerce called on the Securities and Exchange Commission, or SEC, to approve applications for Bitcoin exchange-traded funds (ETFs) in the interests of United States-based investors. In…

CME Group Adds ETH Options to Growing Crypto Derivatives Portfolio

CME Group Adds ETH Options to Growing Crypto Derivatives Portfolio

The Chicago Mercantile Exchange has announced the launch of a new ETH-based options product ahead of the Merge. According to Tim McCourt, Global Head of Equity and FX products, interest in ether derivatives…

SEC to address growing crypto issuer filings with specialized offices

SEC to address growing crypto issuer filings with specialized offices

In light of the influx of filings from cryptocurrency issuers in the United States, the Securities and Exchange Commission (SEC) decided to set up two new offices this fall to provide specialized support…

JPMorgan Continues Web3 Hiring Spree, Now Focusing on Payments

JPMorgan Continues Web3 Hiring Spree, Now Focusing on Payments

Wall Street giant JPMorgan makes further push into crypto, advertising a new senior Web3-focused position. The new position will require forging a new path, creating new frameworks, and working rapidly in the presence…

Dubai grants regulatory approval for Blockchain.com office: Report

Dubai grants regulatory approval for Blockchain.com office: Report

Blockchain wallet and cryptocurrency exchange platform Blockchain.com has reportedly secured regulatory approval from Dubai’s Virtual Assets Regulatory Authority, or VARA. According to a Friday report from Reuters, VARA signed an agreement which will…

Roblox Touts Huge Russian Player Base, Targets Metaverse Ads

Roblox Touts Huge Russian Player Base, Targets Metaverse Ads

Roblox Corporation has over 2 million active players in Russia, even as it looks to expand its metaverse offerings. Some new offerings will include metaverse advertisements from high-profile partners like Gucci, Ralph Lauren,…

‘We’re not giving crypto a pass’ on enforcement action, says SEC’s Gurbir Grewal

‘We’re not giving crypto a pass’ on enforcement action, says SEC’s Gurbir Grewal

Gurbir Grewal, the enforcement director for the United States Securities and Exchange Commission, said the financial regulator will continue to investigate and bring enforcement actions against crypto firms, despite the narrative of “picking…

Stack App Aims to Get Teens Involved in Crypto, Safely

Stack App Aims to Get Teens Involved in Crypto, Safely

Today marks the launch of “the first crypto education and trading app for teens and their parents,” which hopes to compete with Robinhood and Coinbase. Stack is designed with Gen Z in mind,…

SEC chair suggests openness to crypto bills that don’t ‘inadvertently undermine securities laws’

SEC chair suggests openness to crypto bills that don’t ‘inadvertently undermine securities laws’

United States Securities and Exchange Commission chair Gary Gensler supports legislation that gives the Commodity Futures Trading Commission greater authority over crypto — seemingly if it doesn’t step on the SEC’s toes. In…

DeFi Projects Request Retroactive Funding Amid Downturn

DeFi Projects Request Retroactive Funding Amid Downturn

Several of the largest decentralized finance (DeFi) projects, though surviving the crypto winter, have been forced to solicit funds from their own decentralized autonomous organizations.  Aave actions Aave Companies, the developer behind the…

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