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Bitstamp Ends Ether Staking Services in the United States

Bitstamp Ends Ether Staking Services In The United States

Key takeaways: Bitstamp, a long-standing cryptocurrency exchange, has announced its decision to end the ether staking program for all U.S. customers starting next month. Bobby Zagotta, Bitstamp’s U.S. CEO and global chief commercial officer, stated that the staking services will…

BlockFi denies repayment entitlement to FTX and 3AC

Blockfi Denies Repayment Entitlement To Ftx And 3Ac

Key takeaways: In its ongoing legal battle, struggling cryptocurrency lender BlockFi is aiming to thwart attempts by FTX and Three Arrows Capital (3AC) to reclaim billions of dollars exchanged before their collapse last year. BlockFi alleges that it was ensnared…

South Korean city seizes crypto from tax evaders

South Korean City Seizes Crypto From Tax Evaders

Key takeaways: Regulators in Cheongju, South Korea, are taking steps to seize cryptocurrency assets from local individuals who have evaded taxes. A report by Yonhap reveals that authorities have directed seven South Korean crypto exchanges, including Upbit and Bithumb, to…

Dubai issues full license to crypto custodian Komainu

Dubai Issues Full License To Crypto Custodian Komainu

key takeaways: Dubai‘s Virtual Asset Regulatory Authority (VARA) has granted a full license to crypto custodian Komainu, enabling it to offer custody services through its Komainu Connect Platform within Dubai.  Komainu’s achievement of a complete Virtual Asset Service Provider (VASP)…

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