digital currency

Australia's Treasury unveiled draft legislation concerning licensing and custody guidelines for cryptocurrency asset providers. Once this legislation is ratified, exchanges will be provided a 12-month window to adjust to the new framework, Coindesk reported. The earliest an Australian digital...

South Korean cryptocurrency exchange Upbit on Monday announced that it has gained preliminary consent from the Monetary Authority of Singapore (MAS) to provide digital payment token services within the city-state. As the digital currency landscape continues to evolve globally, such advancements...

Japan-based digital currency and electronic payments firm DeCurret Holdings launched a white paper on its cryptocurrency project, the DCJPY, which it plans to launch in July 2024. The DCJPY Network will consist of the Financial Zone and the Business Zone wherein the former will...

Coinbase (NASDAQ: COIN) director Conor Grogan shed light on Alameda's significant involvement in Tether (CRYPTO: USDT) minting, suggesting potential arbitrage trading motives. Onchain data indicates that Alameda was responsible for minting a staggering $39.55 billion of USDT, which accounts for...

Sam Bankman-Fried faces his trial today amidst a whirlwind of charges. The disgraced founder of FTX (CRYPTO: FTT), once one of the world's leading cryptocurrency exchanges, has been under scrutiny for alleged financial misconduct. Bankman-Fried's arrest sent shockwaves through the crypto...

Several exchange-traded funds ETFs focusing on Ethereum (CRYPTO: ETH) futures were introduced to the market. This marked a significant milestone as these are the inaugural ETFs centered on Ethereum futures, coming nearly two years post the introduction of the first Bitcoin (...

The International Monetary Fund (IMF) has underscored the imperative of understanding and effectively managing the systemic risks associated with crypto assets.  Titled "Assessing Macrofinancial Risks from Crypto Assets," the report introduces a meticulous framework that delves...

FTX's founder, Sam Bankman-Fried, maintained strong ties with many influential figures in the realms of politics and business, however, his most prominent connection seemed to be in the sports domain. Despite not being an avid sports enthusiast and having a penchant for video games such as...

Agustin Carstens, the general manager of the Bank for International Settlements (BIS), has emphasized the importance of establishing legal frameworks to support the implementation and growth of Central Bank Digital Currencies (CBDCs). This topic is expected to be a focal point at Benzinga's...

Binance has returned to the Belgian market. The crypto exchange decided to reopen registrations for Belgium's residents roughly three months after the country's financial watchdog, the Financial Services and Markets Authority (FSMA), directed the platform to halt its virtual currency...

In a bid to streamline the burgeoning digital currency landscape, Taiwan's Financial Supervisory Commission (FSC) has rolled out a comprehensive set of guidelines. The rules are tailored for virtual asset platforms and transaction business enterprises, or VASPs. The forthcoming Benzinga...

The rehabilitation trustee of Mt. Gox, once the world's largest Bitcoin exchange, has announced a postponement in its repayment deadlines. The decision comes as the trustee grapples with the complexities of gathering necessary information from rehabilitation creditors and coordinating with...

The U.S. House of Representatives is set to deliberate on a new crypto bill after it received the green light from a committee on Wednesday. This move signified a step forward for the digital assets legislative process in Congress. The bill, championed by Republicans in the House...

The crypto market is expected to remain stable despite the sale of tokens by bankrupt exchange FTX (CRYPTO: FTT), as Coinbase Inc. (NASDAQ: COIN) reports protective measures capping initial sales at $50 million per week, increasing to $100 million in subsequent weeks. Any decision to...

The cryptocurrency world is under escalating cybersecurity threats, as evident from three significant incidents involving Binance (CRYPTO: BNB), Ethereum (CRYPTO: ETH) and a revealing FBI alert concerning the Stake.com theft. Leading this wave of cyber threats is a recent debacle at crypt...