BLACKROCK CEO PUSHES FOR BITCOIN ACCESSIBILITY, DESCRIBING IT AS AN “INTERNATIONAL ASSET” |1300 HKT | 0600 UKT | 7 July 2023

by Александр Пирогов | Jul 10, 2023 | Blog News

BlackRock CEO Larry Fink recently stated the firm’s intention to make Bitcoin more accessible and affordable. Characterising Bitcoin as an “international asset”, Fink highlighted the current high expense to transact Bitcoin. BlackRock filed an application to launch a...

BITCOIN REACHES 13-MONTH HIGH, FUELED BY BLACKROCK’S BITCOIN ETF FILING |1300 HKT | 0600 UKT | 7 July 2023

by Александр Пирогов | Jul 10, 2023 | Blog News

Bitcoin experienced a surge on 6 July, climbing 3.28% to reach a 13-month peak of $31,500. The rise in Bitcoin price is fueled by the asset management giant BlackRock’s plans to launch a US-listed spot bitcoin exchange-traded fund (ETF). Nasdaq refiled BlackRock’s ETF...

BITGETX JOINS HONG KONG VIRTUAL ASSET CONSORTIUM, REITERATING ITS AIM TO OBTAIN A VASP LICENCE |1300 HKT | 0600 UKT | 6 July 2023

by Александр Пирогов | Jul 6, 2023 | Blog News

Crypto exchange BitgetX has become a member of the Hong Kong Virtual Asset Consortium (HKVAC), a platform offering ratings and indexes for cryptocurrencies. Fiona Fan, founding member of HKVAC, welcomed the move and said both parties have common objectives to promote...

CFTC INVESTIGATORS ALLEGE CELSIUS AND ITS FORMER CEO BREACHED US RULES PRIOR TO ITS COLLAPSE |1300 HKT | 0600 UKT | 6 July 2023

by Александр Пирогов | Jul 6, 2023 | Blog News

The US Commodity Futures Trading Commission (CFTC) has determined that the bankrupt crypto lender, Celsius Network and its former CEO Alex Mashinsky breached US regulations prior to the company’s collapse, according to Bloomberg’s report. If a majority of the CFTC’s...

BINANCE AND BINANCE.US WITNESS SHARP MARKET SHARE DROP AMIDST REGULATORY HURDLES |1300 HKT | 0600 UKT | 6 July 2023

by Александр Пирогов | Jul 6, 2023 | Blog News

In the face of regulatory hurdles, crypto exchange Binance and its US arm Binance.US have both experienced significant market share declines this year. The ongoing lawsuit filed by the US Securities and Exchange Commission (SEC) has led Binance’s global market share...

MAS RELEASES NEW INVESTOR PROTECTION MEASURES, REQUIRING CRYPTO FIRMS TO HOLD CUSTOMER ASSETS IN TRUST BY YEAR-END |1300 HKT | 0600 UKT | 5 July 2023

by Александр Пирогов | Jul 6, 2023 | Blog News

The Monetary Authority of Singapore (MAS) unveiled regulations on 3 July, requiring cryptocurrency service providers to hold customer assets in statutory trusts by the end of the year. These measures aim to guard against the potential loss or misuse of customers...