New South Korean leadership will press for Bitcoin ETF trading

The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds, and it expects to follow through one way or another.

View Details

South Korean Court Clears Former Terraform Labs CEO of Security Violations

A South Korean court dismissed charges of security violations against former Terraform Labs CEO Hyun-seong Shin, ruling that LUNA is not a security under the country's Capital Markets Act. The court rejected the prosecution's appeal for confiscation of Shin's properties and arrest, and stated that Luna is not a financial investment product regulated by the act. However, the prosecution has appealed to the Supreme Court against the verdict of the lower district court. (Read More)

View Details

BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds

The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD). Proceeds from the placement will be used to fund “green” projects supported under the banking institution’s sustainable financing policy. BRICS Development Bank Launches 3-year ‘Green’ Bonds The New Development Bank (NDB), founded by the BRICS

The post BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds appeared first on BTC Ethereum Crypto Currency Blog.

View Details

South Korean officials traveled to Serbia to find Do Kwon

South Korean authorities have previously requested cooperation from the Serbian government to bring Kwon back.

View Details

Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies

The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate, a little more than a year after its launch in October 2021.

View Details

Decentralization 'absolutely essential' in building crypto capital markets

Sang Lee believes blockchain technology developments have already left traditional banks in the dust, but adoption remains relatively low due to several factors.

View Details

X-Margin and Clearpool Join Forces on Transparent Lending for Digital Assets

Robert Alcorn, CEO of Clearpool, said: "We’re opening up credit in the DeFi space ....”

View Details

Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban

In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized the importance for businesses to inform customers about potential “risks that may arise” with dealing with crypto assets [...]

The post Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban appeared first on Crypto Breaking News.

View Details

Do Kwons Fate Sealed Montenegro High Court Opts for US Extradition in Legal Tug-of-War

In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea’s request for his extradition. The court’s ruling comes after extensive deliberations on the legal and political implications of the extradition. Report Details Do Kwon’s U.S. Extradition [...]

The post Do Kwons Fate Sealed Montenegro High Court Opts for US Extradition in Legal Tug-of-War appeared first on Crypto Breaking News.

View Details

Republican Congressman Seeks to Oust SEC Chair Gensler With SEC Stabilization Act

Warren Davidson, the Republican congressman who first introduced the legislation in mid-April, has filed the SEC Stabilization Act to remove Gary Gensler, the current chair of the U.S. Securities and Exchange Commission (SEC). Davidson insists the act aims to safeguard U.S. capital markets “from a tyrannical chairman.” Legislation Filed to Remove SEC Chair Gensler in [...]

The post Republican Congressman Seeks to Oust SEC Chair Gensler With SEC Stabilization Act appeared first on Crypto Breaking News.

View Details

Trump's Re-Election and Bitcoin ETFs Propel BTC Towards $100K

Donald Trump's re-election and successful Bitcoin ETFs have significantly boosted Bitcoin's value, with potential implications for global crypto markets and tokenized capital systems. (Read More)

View Details

Bitcoin halving bullish for Saylor’s MicroStrategy: Berenberg Capital

The upcoming Bitcoin (BTC) halving is set to blow fresh wind in the sails of Bitcoin-focused stocks such as Michael Saylor founded tech firm MicroStrategy. In a research note shared with Cointelegraph, New York-based investment firm Berenberg Capital Markets explained its reasons for a bullish outlook on MicroStrategy (MSTR), which Berenberg has given a $430 [...]

The post Bitcoin halving bullish for Saylor’s MicroStrategy: Berenberg Capital appeared first on Crypto Breaking News.

View Details

ECB official proposes unified European ledger for digital assets

European Central Bank executive board member Piero Cipollone would like to see a sort of European union for digital assets.

View Details

Bitcoin (BTC) Poised to Revolutionize Capital Markets, Says Bitfinex Securities

Bitcoin's robust security and programmability could make it the foundation for future capital markets, challenging Ethereum's dominance, according to Bitfinex Securities. (Read More)

View Details

Komainu targets Singapore custodian Propine for first acquisition

The acquisition of its competitor will net Komainu a Singapore Capital Markets Services License and hope for a Major Payment Institution license in the future.

View Details

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional capital. Russia’s Digital Assets Market Livens Up as Capital Markets Dry Up for Russian [...]

The post Digital Assets for 1 Billion Rubles Issued in Russia in a Month appeared first on Crypto Breaking News.

View Details

Alleged Kenyan Bill Proposes Widening Definition of Securities to Include Crypto Assets

A bill seeking to put blockchain and crypto assets under the purview of the Kenyan Capital Markets Authority is supposedly set to be debated in the country’s parliament. The bill also seeks to “widen the meaning of ‘securities’ to capture digital currencies.” The persons that receive licenses from the regulator are also required to maintain [...]

The post Alleged Kenyan Bill Proposes Widening Definition of Securities to Include Crypto Assets appeared first on Crypto Breaking News.

View Details