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May 16, 2024

🥛 The institutional FOMO is real 👀

Today’s edition is brought to you by Safe{Wallet} – a decentralized custody protocol and collective asset management platform that secures over $100 billion in digital assets with multi-layered security….

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May 17, 2024

Kraken Mulls Removal of Tether (USDT) Amidst New EU Regulations

Kraken is actively reviewing its plans to potentially remove support for Tether’s USDT on its platform in the European Union (EU). According to Bloomberg, this move comes in response to the impending implementation of the Markets in Crypto-Assets (MiCA) regulatory framework, set to take effect in July. Key points: Also read: Binance Executive Denied Bail ……

May 17, 2024

Binance Executive Denied Bail in Nigeria Amid Money Laundering Trial

A Nigerian court has denied the bail application of Tigran Gambaryan, a detained Binance executive. The court cited concerns that he may attempt to evade trial. The spokesperson for Gambaryan’s family announced the decision on Friday, coinciding with the executive’s 40th birthday. Key points: Gambaryan, along with Binance and its British-Kenyan regional manager for Africa, ……

May 16, 2024

India’s SEBI Recommends Multi-Regulator Approach for Crypto Oversight

The Securities and Exchange Board of India (SEBI) has recommended that multiple regulators should oversee various aspects of crypto trading in the country. This stance, revealed in documents seen by Reuters, marks the strongest indication to date that at least some Indian authorities are open to allowing the use of private virtual assets. Key points: ……

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