Court Upholds $1,000 Cap on Daily Crypto ATM Withdrawals in California
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A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The…
Bitcoin Market Reaches ‘Equilibrium’ as Speculation Declines, Glassnode Reports
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The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to…
Hilbert Capital and Xapo Bank Collaborate to Launch Bitcoin Hedge Fund
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Swedish public company Hilbert Group’s asset management division has partnered with Xapo Bank to launch a bitcoin-denominated hedge fund in September. The…
Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options
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Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to…
Semler Scientific Acquires More Bitcoin, Citing Institutional Adoption Growth
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Semler Scientific has purchased 83 more bitcoins for $5 million, bringing its total holdings to 1,012 BTC. The company expressed optimism about…
Kraken Crypto Exchange Fined by Australian Court
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The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory…
German Authority Seizes 13 Unauthorized Crypto ATMs
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Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on…
Kamala Harris’s Alleged ‘Crypto Reset’ Absent in Democratic Agenda
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While the Republican platform addresses the issue of cryptocurrency and bitcoin, the Democratic Party’s latest platform remained silent on the matter. Adding…
Bank of Ghana Unveils Proposed Virtual Asset Regulations
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The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are designed to…
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
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The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion….