Court Rules Against Coinbase’s Motion to Dismiss SEC Charges, Case to Proceed

by Александр Пирогов | Mar 28, 2024 | Blog News

In a significant development, US District Judge Katherine Polk Failla largely denied Coinbase’s motion to dismiss charges filed by the US Securities and Exchange Commission (SEC) regarding its operation as an unregistered securities exchange. The ruling means...

Katena Wins Legal Battle Against Coinmint Over $150 Million Purchase Agreement

by Александр Пирогов | Mar 28, 2024 | Blog News

Katena Computing has emerged victorious in a legal battle against Coinmint regarding a $150 million purchase agreement. Coinmint had accused Katena of deceptive practices in the sale of Bitcoin mining machines. However, an arbitration panel ruled in favor of Katena,...

House Republicans Urge SEC Clarity on Prometheum’s ETH Custody Plans

by Александр Пирогов | Mar 27, 2024 | Blog News

House Republicans have penned a letter to the U.S. Securities and Exchange Commission (SEC) seeking clarity on Prometheum’s intention to offer custody services for Ethereum’s token, Ether (ETH). Amid speculation that the SEC may classify ETH as a security,...

Russian Central Bank Considers Testing Digital Ruble for Budget Payments

by Александр Пирогов | Mar 27, 2024 | Blog News

The Central Bank of Russia and the Russian treasury are exploring the possibility of testing the use of the digital ruble, the country’s central bank digital currency (CBDC), for budget-related payments. This move aims to enhance the efficiency of budget...

HSBC Launches Gold Token for Retail Customers in Hong Kong

by Александр Пирогов | Mar 27, 2024 | Blog News

HSBC has unveiled its HSBC Gold Token, marking its entry into the real-world asset tokenization market for retail customers in Hong Kong. This move underscores the bank’s commitment to embracing digital assets and leveraging blockchain technology to offer...

Russia’s Finance Minister Discusses Cryptocurrency Mining Rules Amidst Gray Areas

by Александр Пирогов | Mar 27, 2024 | Blog News

Anton Siluanov, Russia’s finance minister, has signaled readiness to address uncertainties surrounding cryptocurrency mining and the utilization of its proceeds. In a recent lecture, Siluanov emphasized the need for clarity on what activities related to...