Hong Kong SFC mandates stricter crypto custody after $3.8B 2022 losses
Hong Kong SFC enforces stricter crypto custody rules following global security breaches, affecting Binance and Coinbase, with $3.8B lost in 2022 hacks.
Hong Kong SFC imposes 2023 crypto custody rules after $3.8B breaches
Hong Kong SFC mandates stricter crypto custody rules after global breaches; $3.8B lost in 2022. Affects Binance, Coinbase, and local exchanges.
Crypto executives urge Trump to block bank fees for data access affecting 50M users
Crypto executives including Coinbase and Kraken CEOs urged Trump to prevent banks from charging fees for customer data access, impacting 50M users.
Czech police seize $2.5 million in Bitcoin donation scandal, detain key suspect
Czech police detained a key figure in a Bitcoin donation scandal, seizing assets worth $2.5 million. The case involves BTC, ETH, and Binance.
Do Kwon admits guilt in Terra case, $40 billion lost in 2022 collapse
Do Kwon pleaded guilty to fraud charges, impacting Terra (LUNA) and Binance (BNB); $40 billion was lost in the Terra collapse.
New York enacts 2% tax on Bitcoin and Ethereum sales in 2024
New York proposes a 2% tax on crypto sales and transfers, affecting Bitcoin and Ethereum transactions, with potential annual revenue of $1 billion.
Hong Kong SFC enforces crypto custody rules for 20 platforms by 2024
Hong Kong SFC mandates crypto platforms to adopt strict custody standards, affecting Binance and OKX. Over 20 firms must comply by June 2024.
BtcTurk suspends transactions after $48 million suspicious outflows
BtcTurk halted withdrawals after $48 million suspicious outflows, impacting 4 million users; Binance and Chainalysis are monitoring the situation.
SEC delays Solana ETF approval to October 2024, SOL drops 5%
The SEC delayed Solana ETF decisions to October, impacting SOL prices. VanEck and 21Shares await approval. Solana’s market cap dropped 5% post-announcement.
US Treasury confirms 2024 Bitcoin purchases remain budget neutral
US Treasury official Bessent confirms Bitcoin purchases will not impact budget, citing 2024 plans. Bitcoin (BTC) and Ethereum (ETH) mentioned amid regulatory clarity.
