In a surprising announcement on September 30, 2023, Gemini, a notable cryptocurrency exchange, revealed its decision to close operations in Canada by the end of 2024. Customers received this news via an email outlining that all Gemini accounts in the country would be closed, underscoring the need for users to withdraw their assets within a
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The cryptocurrency market is undergoing a transformative period, compelling nations worldwide to reconsider their stance. In a notable address at the 2024 Tsinghua PBC Chief Economist Forum, former Chinese Vice Minister of Finance Zhu Guangyao insisted that China must carefully assess its cryptocurrency policy in light of dynamic global trends. With a particular focus on
On September 27, Bitcoin (BTC) made headlines as it soared to a remarkable trading price of $66,500—marking a significant recovery since its low points in late July. This surge ignited excitement among investors, many of whom expressed renewed optimism regarding the cryptocurrency’s potential. However, this euphoric moment was short-lived, as BTC’s market value plummeted below
As the cryptocurrency landscape grapples with a significant downturn, XRP emerges as a notable exception. On September 30, most market leaders, including Bitcoin, Ethereum, and Binance Coin, reported minor losses, and meme coins such as Dogecoin and Shiba Inu fell drastically. In stark contrast, XRP managed a commendable 4% increase, reaching a local peak of
Taiwan’s Financial Supervisory Commission (FSC) has taken a significant step in the realm of cryptocurrency investment by rolling out a policy that allows professional investors to access foreign cryptocurrency exchange-traded funds (ETFs) via local brokerage firms. This strategic move reflects the regulatory body’s aim to provide a wider array of investment opportunities while simultaneously ensuring
The rivalry between Ethereum and Solana has increasingly dominated discussions in the crypto space. As two of the leading smart contracts platforms, they each boast unique features that cater to distinct needs within the blockchain ecosystem. However, a critical look at their respective strengths and weaknesses highlights the reasons why Ethereum, despite its high gas
The increasing adoption of cryptocurrencies has undoubtedly opened up a world of opportunities for investors and enthusiasts alike. However, it has also inadvertently paved the way for malicious actors to exploit unsuspecting users. Recently, WalletConnect, a prominent protocol facilitating secure interaction between crypto wallets and decentralized applications (dApps), issued a stark warning regarding a deceptive
Since their approval in January 2024, Spot Bitcoin ETFs have fundamentally shifted the landscape of cryptocurrency investment in the United States. What started as a cautious approach by the U.S. Securities and Exchange Commission (SEC) has exploded into a vast movement, with these ETFs accumulating hundreds of thousands of Bitcoin (BTC) almost immediately. The early
In a notable move towards consumer protection, Dubai’s Virtual Assets Regulatory Authority (VARA) has implemented a fresh set of marketing regulations targeting firms in the virtual asset space. Unveiled to take effect on October 1, these guidelines aim not only to foster a robust environment for virtual asset service providers (VASPs) but also to safeguard
In an age where the collection and utilization of personal data are more scrutinized than ever, the Personal Information Protection Commission (PIPC) of South Korea has sent a clear message to companies handling sensitive information. The PIPC recently levied a total fine of KRW 1.14 billion (approximately $861,408) against Worldcoin and its affiliate Tools for