In today’s weekly recap, we’ll focus on global regulatory efforts and recent developments in the crypto industry. One significant development is that Nigeria has lifted its…
Overview of FSRA’s Regulatory Overhaul The Financial Services Regulatory Authority (FSRA) of the UAE has updated its rules to include digital currencies in the fight against…
British Virgin Islands Court Freezes $1 Billion in Assets of Three Arrows Capital Founders A court in the British Virgin Islands has issued an order to…
Acknowledgment of Bitcoin and Other Cryptocurrencies in Argentina An official in Argentina has announced that the country will recognize contracts denominated in Bitcoin (BTC) and other…
Calls for International Cooperation for Crypto Regulation The Financial Stability Report 2023 by the People’s Bank of China (PBC) discusses the rapid growth of the global…
Crypto Leaders Share Their Outlook for Digital Assets in 2024 Crypto industry leaders from Kraken, Avalanche, Anchorage Digital, and other companies have provided their insights on…
In 2022, Three Arrows Capital Experienced a Catastrophic Failure In the year 2022, Three Arrows Capital (3AC), a prominent bitcoin hedge fund, faced a devastating collapse.…
U.S. Appeals Court Confirms Forfeiture of Silk Road Bitcoins A U.S. appeals court has issued a mandate that formalizes the forfeiture of 69,370 Bitcoins and other…
Court Issues Worldwide Asset Freeze on Three Arrows Capital Co-Founders In a significant development concerning the downfall of cryptocurrency hedge fund Three Arrows Capital (3AC), a…