Vaibhavv Ali
The potential repeal of SAB-121, a policy requiring banks to classify digital assets like Bitcoin as liabilities, is gaining traction in regulatory discussions. This change could profoundly impact how U.S. banks engage with digital assets, reducing complexity and paving the way for broader adoption. Under current regulations, SAB-121 has deterred many financial institutions from holding … Read more
Coinbase, the largest US-based crypto exchange, announced the addition of Toshi (TOSHI) to its listing roadmap. This news sent TOSHI’s price soaring nearly 70% before profit-taking kicked in. TOSHI, a token built on the Base network, joins QCAD and Peanut the Squirrel on Coinbase’s listing roadmap. The exchange emphasized that its listing decisions are based … Read more
A group is proposing a groundbreaking Bitcoin mining operation in North Tonawanda, New York, powered by advanced nuclear microreactors. This ambitious project aims to address the environmental concerns surrounding Bitcoin mining by utilizing clean, zero-emission energy sources. Traditional Bitcoin mining has drawn criticism for its high energy consumption, often relying heavily on fossil fuels. This … Read more
Malaysian Prime Minister Datuk Seri Anwar Ibrahim is exploring the possibility of establishing a cryptocurrency policy that could recognize the industry and modernize the nation’s financial system. During a recent visit to Abu Dhabi, Anwar discussed a potential crypto regulatory framework with officials and Changpeng “CZ” Zhao, the founder of Binance. Anwar emphasized the need … Read more
The Central Bank of Iran (CBI) has taken another step to curb cryptocurrency activity, blocking payment gateways to digital asset exchange platforms. This move comes amidst a severe economic downturn, with the Iranian rial plummeting 37% against the US dollar since the beginning of 2024. The sudden decision follows a series of restrictions implemented last … Read more
The US Securities and Exchange Commission (SEC) has extended its review of the Bitwise 10 Crypto Index ETF proposal to March 3, 2025. This delay, while expected, underscores the SEC’s meticulous approach to regulating cryptocurrencies. The Bitwise ETF, aiming to track the top 10 cryptocurrencies by market capitalization, including Bitcoin, Ethereum, and Solana, has … Read more
Chainlink has announced the launch of Cross-Chain Interoperability Protocol (CCIP) v1.5 on mainnet, empowering developers to easily transfer tokens across multiple blockchains. Key Features of CCIP v1.5: Cross-Chain Token (CCT) Standard: Enables developers to create CCTs with full control, enhanced programmability, and zero-slippage transfers. Streamlined User Interface: Offers a user-friendly interface for developers to launch … Read more
Robinhood, the popular brokerage platform, has agreed to pay a $45 million settlement to the U.S. Securities and Exchange Commission (SEC) to resolve allegations of regulatory violations. The SEC investigation revealed that Robinhood failed to maintain accurate records of customer interactions, filed incomplete or inaccurate reports of trading activity, and failed to promptly report … Read more
In a significant move, Intesa Sanpaolo, Italy’s largest bank, has become the first Italian bank to invest in Bitcoin. The bank purchased 11 BTC on January 13th, amounting to approximately €1 million ($1.02 million). This investment comes shortly after Bitcoin surpassed the $100,000 milestone in December 2024. The news was revealed through an internal email … Read more
Thailand is considering a significant policy shift by allowing Bitcoin exchange-traded funds (ETFs) to list on local exchanges. This move aims to solidify the country’s position as a regional hub for digital assets. The Securities and Exchange Commission (SEC) is currently evaluating the possibility of permitting both individual and institutional investors to invest in domestic … Read more