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Weekly Recap: Nigeria Reverses Crypto Ban, Do Kwon’s Extradition Cancelled, and 3AC Assets Frozen

Noah Rypton2 years ago3 min read

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…

UAE Improves Regulations for Digital Assets in Alignment with International Norms

Cino Gaperi2 years ago2 min read

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…

Breaking News: British Virgin Islands Court Issues Freeze Order on Assets Valued at Over $1 Billion by 3AC

Benito Cormi2 years ago2 min read

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…

Ban on Bitcoin and Other Crypto Assets in Contracts Imposed by South American Country with a Population of Almost 46 Million

Daisy Hodley2 years ago2 min read

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…

China’s Central Bank Takes Priority in Regulating ‘Crypto Assets’ Amid Increasing Risks

Gapster Innes2 years ago2 min read

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…

Insights from Industry Leaders: Crypto Outlook for 2024 Covers Spot Bitcoin ETFs and Real-World Assets

Theon Barrett2 years ago4 min read

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…

Freezing of Three Arrows Capital Assets Valued at Over $1 Billion by Court

Blount Charleston2 years ago3 min read

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.…

Finalized: US Appeals Court Concludes Seizure of Silk Road’s Bitcoin Assets

Owen Patter2 years ago2 min read

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…

Legal Battle Escalates as Court Orders Freeze of $1 Billion in Assets Owned by Three Arrows Capital Founders

Bitro Conwell2 years ago3 min read

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…

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