China

Hong Kong regulator approves first crypto company license since June

Hong Kong's financial regulator has granted its first crypto company license since June, marking a significant step in the region's efforts to regulate the cryptocurrency sector. The license has been awarded to a firm that aims to provide a range of digital asset services. This move reflects Hong Kong's commitment to establishing a robust regulatory framework for cryptocurrencies amid growing global interest. The approval is expected to encourage more crypto businesses to operate in the region, enhancing its position as a financial hub.

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Bitcoin Miner MARA Says It May Sell BTC Holdings in Strategy Shift

Bitcoin mining company Marathon Digital Holdings (MARA) has announced a potential shift in its strategy, indicating that it may sell some of its Bitcoin (BTC) holdings. This decision comes as the company aims to improve its liquidity and manage operational costs amid challenging market conditions. Marathon currently holds approximately 11,

Circle shares boosted by Middle East tensions, rising oil, fading rate cut hopes, says Mizuho

Circle's shares have seen an increase due to escalating tensions in the Middle East, which have contributed to rising oil prices. Additionally, there is a growing sentiment that interest rate cuts may not occur as soon as previously anticipated. Mizuho analysts highlighted these factors as key drivers behind

Ex-LAPD Officer Found Guilty of $350K ‘Wrench Attack’ Bitcoin Robbery

A former LAPD officer was found guilty of a $350,000 Bitcoin robbery involving a "wrench attack." The incident occurred in 2019 when the officer, along with an accomplice, targeted a victim who was attempting to sell Bitcoin. They assaulted the victim with a wrench and stole his

International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering

The Financial Action Task Force (FATF) has issued a warning that stablecoins are increasingly being utilized for sanctions evasion and money laundering activities. The organization highlighted concerns that the growing use of these digital assets could undermine global financial systems and regulatory efforts. FATF emphasized the need for stricter regulations

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Bitcoin Miner MARA Says It May Sell BTC Holdings in Strategy Shift

Circle shares boosted by Middle East tensions, rising oil, fading rate cut hopes, says Mizuho

Ex-LAPD Officer Found Guilty of $350K ‘Wrench Attack’ Bitcoin Robbery

International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering