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Russian President Putin Says US Dollar-Based Global Financial System Is Collapsing

Russian President Putin Says US Dollar-Based Global Financial System Is Collapsing

Russian President Vladimir Putin has stated that the U.S. dollar-based global financial system is gradually collapsing. “After all, a currency is a derivative of the power of the economy of the country that issues this currency,” Putin noted, emphasizing: “The ...
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Kraken secures virtual asset service provider registration in Spain, Ireland

Kraken secures virtual asset service provider registration in Spain, Ireland

Kraken has secured a virtual asset service provider registration in Spain, marking another significant step for cryptocurrency exchanges expanding operations in Europe ...
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Hong Kong Securities Regulator Says It Now Publishes Names of Entities Seeking Crypto Trading Licences

Hong Kong Securities Regulator Says It Now Publishes Names of Entities Seeking Crypto Trading Licences

The Hong Kong securities regulator has said it now publishes a list of firms seeking to operate crypto trading platforms in the region. Julia Leung Fung-yee, the CEO of the Securities and Futures Commission (SFC), said divulging the names of ...
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Amazon Invests $4 Billion in AI Startup Anthropic

Amazon Invests $4 Billion in AI Startup Anthropic

Anthropic will enhance support for Amazon Bedrock. Amazon will gain access to Anthropic's models and acquire a minority stake in the company ...
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Crypto Exchange Bybit Suspending Services in UK to Comply With New Regulations

Crypto Exchange Bybit Suspending Services in UK to Comply With New Regulations

Cryptocurrency exchange Bybit is suspending services in the U.K. next month in order to comply with the new rules set by Britain’s top financial regulator, the Financial Conduct Authority (FCA). “The suspension will allow the company to focus its efforts ...
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Hong Kong investigates influencer-backed crypto exchange

Hong Kong investigates influencer-backed crypto exchange

Hong Kong police are investigating allegations of fraud against cryptocurrency trading platform JPEX after investors complained of HK$1.3bn ($166m; £134m) in losses ...
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Opera Launches Blockchain-Based Wallet Enabling Rapid P2P Stablecoin Transfers for African Users

Opera Launches Blockchain-Based Wallet Enabling Rapid P2P Stablecoin Transfers for African Users

The creator of the Opera Mini web browser recently announced the launch of a blockchain-based wallet which makes it possible for African users to rapidly transfer stablecoins. Integration of the stablecoin wallet into the Opera Mini browser is expected to ...
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Fed holds rates, cryptos, stocks trade sideways

Fed holds rates, cryptos, stocks trade sideways

The Fed has once again opted to pause increasing interest rates, citing increased credit concerns and slow job growth ...
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Hong Kong to tighten regulation of crypto after arrests linked to JPEX

Hong Kong to tighten regulation of crypto after arrests linked to JPEX

The Securities and Futures Commission said it had received more than 1,400 complaints against JPEX involving more than 1 billion Hong Kong dollars ($127.9 million) in losses ...
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Blockchain Capital closes funds totaling $580M for investments in crypto gaming, DeFi

Blockchain Capital closes funds totaling $580M for investments in crypto gaming, DeFi

The funds include $380 million for early stage investments and a $200 million "opportunity fund."Venture capital group Blockchain Capital announced the closing of two new funds, totaling $580 million, for investment in infrastructure, gaming, DeFi, and consumer and social technologies. The funds ...
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