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Nevada Financial Regulator Urges Receivership for Prime Trust
Nevada Financial Regulator Urges Receivership for Prime Trust
News  -  Business  -  Jun 27, 2023 by Deniz Saat

After issuing a cease and desist order, the Financial Institutions Division of Nevada has once more taken action against the cryptocurrency custodian, Prime Trust. This time, they have sought to appoint a receiver. A receivership is a court-appointed tool aiding creditors in retrieving defaulted funds and helping companies avoid bankruptcy,

HSBC Enables Bitcoin ETF Trading for Customers
HSBC Enables Bitcoin ETF Trading for Customers
News  -  Bitcoin  -  Jun 26, 2023 by Deniz Saat

HSBC, a premier financial institution in Hong Kong, has taken a substantial step by giving its customers the freedom to trade Bitcoin exchange-traded funds (ETFs). This decision signifies a change in the attitude of conventional banks towards Bitcoin, considering that HSBC had previously demonstrated reluctance in embracing Bitcoin. HSBC'

Tether Partners With Georgian Government To Boost Bitcoin and P2P Infrastructure
Tether Partners With Georgian Government To Boost Bitcoin and P2P Infrastructure

Tether, a stablecoin issuer, has signed a memorandum of understanding (MoU) with the Georgian government. The objective is to establish Bitcoin and peer-to-peer (P2P) infrastructures within the nation.  This strategic alliance between Tether and the Georgian government will primarily concentrate on creating the necessary infrastructure to foster a flourishing startup

News  -  Bitcoin  -  Jun 28, 2023
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Tether Partners With Georgian Government To Boost Bitcoin and P2P Infrastructure
Tether Partners With Georgian Government To Boost Bitcoin and P2P Infrastructure

Tether, a stablecoin issuer, has signed a memorandum of understanding (MoU) with the Georgian government. The objective is to establish Bitcoin and peer-to-peer (P2P) infrastructures within the nation.  This strategic alliance between Tether and the Georgian government will primarily concentrate on creating the necessary infrastructure to foster a flourishing startup

News  -  Bitcoin  -  Jun 28, 2023
Nevada Financial Regulator Urges Receivership for Prime Trust
Nevada Financial Regulator Urges Receivership for Prime Trust

After issuing a cease and desist order, the Financial Institutions Division of Nevada has once more taken action against the cryptocurrency custodian, Prime Trust. This time, they have sought to appoint a receiver. A receivership is a court-appointed tool aiding creditors in retrieving defaulted funds and helping companies avoid bankruptcy,

News  -  Business  -  Jun 27, 2023
HSBC Enables Bitcoin ETF Trading for Customers
HSBC Enables Bitcoin ETF Trading for Customers

HSBC, a premier financial institution in Hong Kong, has taken a substantial step by giving its customers the freedom to trade Bitcoin exchange-traded funds (ETFs). This decision signifies a change in the attitude of conventional banks towards Bitcoin, considering that HSBC had previously demonstrated reluctance in embracing Bitcoin. HSBC'

News  -  Bitcoin  -  Jun 26, 2023
Highlights From BTC Prague: The Largest European Bitcoin Conference
Highlights From BTC Prague: The Largest European Bitcoin Conference

BTC Prague, the largest Bitcoin-only conference in Europe, has concluded. The event gathered influential Bitcoiners, developers, entrepreneurs, and companies under a massive roof in Prague, creating an unforgettable event destined for the 'Bitcoin conference scrapbook.' Thanks to Martin and Matyáš Kuchař, the organizers of BTC Prague, the Czech

News  -  Bitcoin  -  Jun 23, 2023
Tether Documents Reveal CoinDesk’s Fruitless Two-Year Pursuit
Tether Documents Reveal CoinDesk’s Fruitless Two-Year Pursuit

After an exhaustive two-year pursuit, CoinDesk has obtained documents related to Tether's reserves, following a Freedom of Information Law request filed in New York State. The result? It seems the pursuit might have been a wild goose chase, revealing no smoking guns and leaving many to wonder if

News  -  Business  -  Jun 22, 2023
Valkyrie Investments Joins Wave of Companies Applying for Spot Bitcoin ETFs
Valkyrie Investments Joins Wave of Companies Applying for Spot Bitcoin ETFs

Valkyrie is seeking to establish a Bitcoin spot exchange-traded fund (ETF), aligning itself with numerous other financial entities that have submitted comparable applications to the U.S. Securities and Exchange Commission (SEC) over the past week.  On June 21st, Valkyrie submitted an S-1 registration form for a Bitcoin spot ETF

News  -  Bitcoin  -  Jun 21, 2023
CleanSpark Purchases Two Bitcoin Mining Sites, Enabling Growth in Hash Rate and Mining Capacity
CleanSpark Purchases Two Bitcoin Mining Sites, Enabling Growth in Hash Rate and Mining Capacity

Leading Bitcoin mining firm CleanSpark Inc. has declared its intention to buy two turnkey Bitcoin mining campuses in Dalton, Georgia for $9.3 million in a cash transaction.  These facilities are predicted to add almost 1 exahash per second (EH/s) to CleanSpark's hash rate. This purchase is

News  -  Bitcoin  -  Jun 21, 2023
Citadel Securities, Fidelity, and Charles Schwab to Launch Noncustodial Bitcoin and Crypto Exchange
Citadel Securities, Fidelity, and Charles Schwab to Launch Noncustodial Bitcoin and Crypto Exchange

EDX Markets is a recently established Bitcoin and cryptocurrency exchange with the support of Citadel Securities, Fidelity Investments, and Charles Schwab. Its objective is to appeal to brokers and investors seeking exposure to Bitcoin and digital assets. Operating in a noncustodial manner, the exchange functions as a marketplace facilitating trades

News  -  Bitcoin  -  Jun 21, 2023
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