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Indonesia to Launch Cryptocurrency Exchange in July

Indonesia is moving forward with its plans to launch a national cryptocurrency exchange and expects to begin operating the platform in the coming weeks. The Indonesian Commodity Futures Trading Regulatory Agency (CFTRA), also known as Bappebti, plans to launch the national cryptocurrency exchange in July...

Bank of America Applauds Ripple’s Contribution to the Payments Sector in Asia-Pacific

Bank of America, a prominent American bank, has praised Ripple Labs for its contribution to the payments sector in the Asia-Pacific region. The research focuses on the value of blockchain technology in transforming commercial documents into digital formats and Ripple's ability to revolutionize cross-border...

Nasdaq Files for Valkyrie Bitcoin ETF, Lists Coinbase as Surveillance Sharing Partner

Valkyrie Funds, an investment firm, has filed for a spot Bitcoin exchange-traded fund (ETF) and intends to utilize a surveillance sharing agreement with the crypto trading platform Coinbase. Valkyrie submitted the ETF application earlier this month with plans to list its shares on the Nasdaq...

Nasdaq Modifies BlackRock’s Request for Bitcoin ETF alongside Industry Competitors

A report from The Wall Street Journal last week revealed that individuals with knowledge of the matter stated that the Securities and Exchange Commission (SEC) expressed dissatisfaction with the number of applications filed for direct Bitcoin funds in recent weeks. Leading U.S. options market, Cboe,...

Germany rejects Binance’s license application, according to Report.

According to a report published by the German magazine Finance Forward, the Federal Financial Supervisory Authority in Germany (BaFin) has rejected Binance's request for a license to provide cryptocurrency custody services. The report states that the digital asset exchange, Binance, will not be able...

United Kingdom classifies digital currencies as financial activities

King Charles approved a bill in the United Kingdom on Thursday that grants regulatory authorities the power to oversee digital currencies and stablecoins. The bill includes measures to bring these currencies within the scope of regulation and will become law after approval by Parliament...