Hong Kong to Consult on Regulation for OTC Crypto Venues ‘Very Soon’
The Financial Services and the Treasury Bureau will consult on over-the-counter venues like shops and online platforms following the outlets’ role in crypto fraud cases.
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Thai Regulator Orders Zipmex to Suspend Digital Asset Trading and Brokerage Services
Zipmex now has 15 days to correct its financial position and create a system to prevent the improper use of customer funds.
Jupiter’s JUP Rallies On With Solana Supporters Leading the Charge
One of the most-anticipated airdrops faced social media ire over its novel token distribution plan.
Chainlink’s LINK Token Taps 22-Month High of $18, Ending Three-Month Breather
Analysts consider LINK as the safest bet to profit from the tokenization narrative.
OPNX Founder Su Zhu Says Shutdown Comes Because FTX Estate Claims Reached ‘Recovery’
OPNX’s volume peaked at just over $600,000, according to CoinGecko data.
AI Tokens Up After Meta Beats Analyst Expectations
Mark Zuckerberg’s Meta said it was pivoting away from Metaverse to Artificial Intelligence in early 2023.
Binance Freezes $4.2M in XRP Tokens Stolen From Ripple Executive’s Wallet
Over $120 million in XRP was stolen from Ripple Labs Executive Chairman Chris Larsen earlier this week.
Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative
The ether-bitcoin forward term structure is downward sloping structure, which means that traders expect ETH to perform weaker than BTC as time goes by, one trader said.
India CBDC Insider Reveals Current Stance of Country’s Central Bank
India’s central bank is taking a very cautious approach in developing its digital rupee, a senior official familiar with India’s central bank digital currency (CBDC) pilot programs told CoinDesk, though it’s making some progress.
Prediction Markets Can Hedge Crypto Startups’ Regulatory Risk, Paradigm Says
Coinbase co-founder Fred Ehrsham’s venture capital firm filed a friend-of-the-court brief in Kalshi’s case against the CFTC.