South Korean Crypto Platform Haru Invest to Halt its Servers
After stopping withdrawals in June 2023, Haru Invest's unsatisfactory cryptocurrency platform intends to terminate its server within a few months.
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Genesis gets 5 day deadline to produce documents to comply with Terra subpoenaÂ
Key Takeaways In a noteworthy legal development, a district judge in New York has directed cryptocurrency lending firm Genesis to comply with a subpoena. This action comes in response to Genesis allegedly withholding specific documents linked to the sudden downfall…
FTX Propose new settlement, 90% Customer Asset Return by Q2 2024
Key Takeaways In a significant development for FTX and FTX US customers, a proposed settlement could potentially see more than 90% of their assets returned by the second quarter of 2024. This outcome follows extensive discussions between FTX debtors, the…
Tether Seizes $873k Worth Crypto Tied to Terrorism in Israel & Ukraine Â
Key Takeaways : Tether, the issuer of the world’s largest stablecoin, has frozen 32 virtual wallets tied to cryptocurrency funding for terrorism in Israel and Ukraine, amounting to $873,118.34. This move follows Tether’s cooperation with Israel’s National Bureau for Counter…
Upbit Gains Preliminary Approval in Singapore for Crypto Operations
The application for a Major Payment Institution (MPI) license in Singapore has been granted in principle to the Singaporean subsidiary of Upbit.
Australian Government Proposes Crypto Exchange Regulation
The Australian government is moving quickly to regulate the exchange-level market, and it may soon mandate that crypto exchanges get a financial services license.
MetaMask Temporarily Removed from Apple App Store
Key takeaways : MetaMask, a popular cryptocurrency wallet application, experienced a temporary removal from the Apple App Store in the United States over the weekend, only to be swiftly reinstated. The removal stemmed from an “internal operational error” on MetaMask’s…
California Governor Signs Digital Financial Assets Law
The bill mandates that crypto companies operating in California must obtain a license.
CoinCodeCap WeekInFocus: October 15, 2023
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
SEC to not appeal Grayscale Bitcoin ETF court ruling: Report
The decision by the SEC to forgo an appeal doesn't guarantee automatic approval of Grayscale's application.
