News Editor
UK’s FCA reminds crypto firms of October marketing compliance deadline
TL;DR Breakdown
The United Kingdom's Financial Conduct Authority(FCA) is reminding crypto firms to ensure marketing compliance by the October deadline
Failure to comply will lead to...
XRP Holders Raise Concerns Over Coinbase Relisting Delay, Citing Potential Motives
TL;DR Breakdown
XRP holders suspect Coinbase has undisclosed motives for not relisting the token while allowing trading of other assets recognized as securities by the...
Massive BLUR Airdrop Whale Initiates Token Sale, Raises Concerns of Potential...
TL;DR Breakdown
The wallet address "0xD5eE" has sold off 3.2 million $BLUR tokens, previously holding the largest amount of BLUR airdrops, leading to speculation of...
South Africa Pioneers Crypto Regulation: Mandates Licenses for Exchanges
TL;DR Breakdown
South Africa's Financial Sector Conduct Authority (FSCA) mandates licenses for crypto exchanges, ensuring investor protection and mitigating risks.
Failure to comply with the licensing...
Voyager creditors billed $5.1 million for March-May legal services
TL;DR Breakdown
McDermott Will & Emery, the law firm representing Voyager's committee of unsecured creditors, has invoiced the group $5.1 million
Voyager attorney fees mounting, adding...
Nigeria faces inflation pressure and undervalued currency, Bank of America analysts...
TL;DR Breakdown
Bank of America analysts warn that Nigeria may need to raise interest rates by 700 basis points to curb rising inflation, which is...
Winklevoss Presents “Final Offer” in Genesis Crypto Bankruptcy Proceedings
TL;DR Breakdown
Cameron Winklevoss, the co-founder of Gemini Trust Co., presents a "final offer" in the bankruptcy restructuring of Genesis Global Holdco, setting the minimum...
Revolut Ceases Offering Solana, Cardano, and Polygon Tokens to US Users
TL;DR Breakdown
Revolut will no longer offer Solana, Cardano, and Polygon tokens to its US customers due to Bakkt's decision to delist these cryptocurrencies.
The move...
RBA holds interest rates, but flags possibility of more hikes
The Reserve Bank of Australia held rates steady on Tuesday, citing the need to assess the economic impact of its year-long rate hike cycle,...
Amazon, Google, Apple, Meta, Microsoft say they meet EU gatekeeper status
BRUSSELS (Reuters) - Alphabet (NASDAQ:GOOGL)'s Google, Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Meta Platforms and Microsoft (NASDAQ:MSFT) have notified the European Commission that they qualify as...
