SOCIETE GENERALE BECOMES FIRST COMPANY IN FRANCE TO OBTAIN CRYPTO LICENCE |1300 HKT | 0600 UKT | 20 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

Societe Generale has reportedly become the first company in France to secure a licence for cryptocurrency services, reflecting a growing trend of mainstream financial firms adopting crypto this year. The French bank’s crypto division, Forge, has been authorised to...

US SEC ACKNOWLEDGES SIX SPOT BITCOIN ETF APPLICATIONS FOR REVIEW |1300 HKT | 0600 UKT | 20 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

US Securities and Exchange Commission (SEC) has formally acknowledged applications for spot bitcoin exchange-traded funds (ETFs) from six firms, including BlackRock. Bitwise, VanEck, WisdomTree, Fidelity, and Invesco have also had their applications accepted by the...

XRP SOARS TO TOP SPOT IN TRADING VOLUME FOLLOWING COURT RULING IN RIPPLE CASE |1300 HKT | 0600 UKT | 19 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

Following the US court’s decision on the lawsuit against Ripple (XRP), XRP’s trading volume has risen significantly, making it the most traded cryptocurrency in a month, as per a report by Kaiko. The report shows a 61% increase in XRP trading since the court’s ruling....

AUSTRALIA’S REGULATOR REVOKES FTX AUSTRALIA’S FINANCIAL LICENCE |1300 HKT | 0600 UKT | 19 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

The Australian Securities and Investments Commission (ASIC) announced on 19 July its decision to revoke FTX Australia’s financial licence. Despite the cancellation, FTX Australia, which had its Australian Financial Services (AFS) licence suspended by the ASIC in...

COINFUND SECURES $158 MILLION FUNDING TO BACK CRYPTO STARTUPS |1300 HKT | 0600 UKT | 19 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

New York-based venture capital firm CoinFund has reportedly raised $158 million in its fourth seed fund, exceeding its initial fundraising target of $125 million. The fund has already invested in Giza, a startup aiming to introduce artificial intelligence to smart...

FSB ISSUES GLOBAL REGULATORY FRAMEWORK FOR CRYPTO-ASSET ACTIVITIES |1300 HKT | 0600 UKT | 18 July 2023

by Александр Пирогов | Jul 18, 2023 | Blog News

The Financial Stability Board (FSB) has reportedly introduced the global regulatory framework for crypto-asset activities. The recommendations, which were released on 17 July, are based on the principle of “same activity, same risk, same regulation”. The FSB proposes...