Latest News and Articles about Digital Assets
Celsius Appeals $4.44B Ruling Against FTX: A Crypto Legal Battle
Celsius Appeals Court Ruling in $4.44 Billion Fight Against FTX Amid Bankruptcy Proceedings Celsius, a cryptocurrency lending platform, has appealed a court ruling that allowed FTX to recover $4.44 billion in assets, igniting a legal battle over customer accounts transferred before both firms declared bankruptcy. This dispute underscores the intricacies of digital asset ownership and […]
Read More2024: India’s Crypto Leap Forward with ITAT, Orissa HC Rulings and Kotak’s Nod
2024 Sees Favorable Rulings for Digital Assets in India In 2024, India has taken significant strides forward in recognizing and legitimizing digital assets, balancing optimism with the realities of stringent taxation. The year has brought not only judicial clarity but also high-profile endorsements, signaling a shift in perception that could reshape the future of cryptocurrency […]
Read MoreIsrael to Debut Six Bitcoin Mutual Funds on Tel Aviv Exchange, Marking Regulatory Milestone
Israel to Launch Bitcoin Mutual Funds on Tel Aviv Stock Exchange Israel is taking a bold stride into the world of cryptocurrency investments with the introduction of six Bitcoin mutual funds scheduled to debut on the Tel Aviv Stock Exchange on December 31. These funds, managed by noted Israeli firms like Meitav and IBI, promise […]
Read MoreSingapore Overtakes Hong Kong as Top Digital Assets Hub with 13 Crypto Licenses in 2024
Singapore Surpasses Hong Kong as Digital Assets Leader in 2024 In a strategic maneuver that has propelled it past Hong Kong, Singapore has emerged as the leading hub for digital assets by issuing an impressive 13 cryptocurrency licenses in 2024. This significant increase highlights Singapore’s ambition to dominate the global crypto landscape. 13 crypto licenses […]
Read MoreTrump Launches Crypto Council to Boost U.S. Blockchain Leadership Amid Market Volatility
Trump’s Crypto Council: A Bold Step into the Digital Future In a surprising yet calculated move, former President Donald Trump has announced the creation of a new advisory body, the Presidential Council of Advisers for Digital Assets, commonly referred to as the ‘Crypto Council.’ This initiative aims to cement America’s leadership in blockchain and digital […]
Read MoreCryptopia Hack Victims Finally Compensated: $225M Distributed After Four-Year Battle
Cryptopia Hack Victims Receive Long-Awaited Cryptocurrency Compensation After a long four-year wait, victims of the infamous Cryptopia hack are finally seeing some restitution. The New Zealand-based crypto exchange, which suffered a devastating breach in January 2019, is distributing over $225 million in cryptocurrency to more than 10,000 verified account holders. This major step forward comes […]
Read MoreCircle CEO Advocates for Stablecoins as Key U.S. Export to Bolster Dollar Dominance
Circle CEO Jeremy Allaire Calls for Stablecoins to Be Key U.S. Export Jeremy Allaire, CEO of Circle, is advocating for stablecoins—digital currencies pegged to stable assets like the U.S. dollar—to become a primary export of the United States. This strategy aims to bolster the global influence of the U.S. dollar, especially in light of fiscal […]
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