UK Convicts Chinese Mastermind in Largest Bitcoin Seizure Case

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A Chinese national has been convicted in the UK for masterminding a fraudulent crypto scheme that defrauded more than 128,000 victims of over 61,000 bitcoins. Global Investigation and UK’s Largest Seizure A Chinese national has been convicted in the United Kingdom (UK) for her role in a fraudulent cryptocurrency scheme that fleeced over 61,000 bitcoin […]

Binance Launches Crypto-as-a-Service for Banks and Brokerages

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Binance has launched a white-label infrastructure solution, Crypto-as-a-Service (CaaS), allowing banks and brokerages to offer crypto trading while leveraging Binance’s technology and liquidity. Financial Institutions Gain Seamless Crypto Access With Binance’s New CaaS Offering Binance has rolled out Crypto-as-a-Service (CaaS), a white-label infrastructure product designed to help financial institutions and brokerages launch their own crypto […]

New York Regulator Clarifies Rules on Sub-Custodians and Customer Asset Segregation

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The New York State Department of Financial Services (DFS) has issued updated guidance on customer protection for virtual currency assets during insolvency. Emphasis on Customer Protection and Sub-Custody The New York State Department of Financial Services (DFS) has released an updated guidance concerning customer protection for virtual currency assets in the event of an insolvency. […]

Bit Digital Plans $100 Million Convertible Notes Offering to Buy Ethereum

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Bit Digital announced plans to raise $100 million through a public offering of convertible senior notes, with proceeds primarily earmarked for ethereum purchases and broader digital asset opportunities. Crypto Miner Bit Digital to Raise $100 Million via Convertible Notes Bit Digital, Inc. (Nasdaq: BTBT) has unveiled plans to raise $100 million through a registered public […]

Zondacrypto CEO Warns Poland’s Crypto Law Could Stifle Innovation

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The CEO of a cryptocurrency exchange Zondacrypto has described Poland’s interpretation of the EU’s Markets in Crypto-Assets regulation (MiCA) as a “major step backwards.” Key Criticisms of the Crypto-Asset Market Act The CEO of a Polish cryptocurrency exchange has joined a growing list of stakeholders criticizing the country’s interpretation of the European Union’s Markets in […]