Worldcoin, the controversial crypto and digital identity project, is reportedly continuing its operations in Brazil despite a government-imposed ban. Authorities had previously halted Worldcoin’s activities due to concerns over data privacy and regulatory compliance. However, the company appears to be navigating legal loopholes to persist in its expansion efforts. Habeas Corpus Ruling in Favor of Worldcoin Amid legal challenges, Worldcoin …
Tech
January, 2025
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30 January
Crypto Buzz: Daily Digest of Market Moves & News
The crypto market has experienced significant movement in the past 24 hours, with Bitcoin and Ethereum showing volatility amid macroeconomic factors. Bitcoin (BTC) is currently trading at [$XX,XXX], up/down [X%], while Ethereum (ETH) stands at [$X,XXX], reflecting a [X%] change. Altcoins like Solana (SOL), Binance Coin (BNB), and Cardano (ADA) have also shown mixed trends, driven by market sentiment and …
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29 January
Bitwise Makes Move: Files for Spot Dogecoin ETF with U.S. SEC
In a bold move that has captured the attention of both cryptocurrency enthusiasts and traditional investors, Bitwise Asset Management has officially filed with the U.S. Securities and Exchange Commission (SEC) for approval to launch a Spot Dogecoin ETF. If approved, this could mark a significant milestone for the cryptocurrency industry, offering investors an easy and regulated way to gain exposure …
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29 January
Elizabeth Warren Challenges Trump’s Commerce Secretary Pick Over Tether Connections
Senator Elizabeth Warren has raised serious concerns over Donald Trump’s nominee for Commerce Secretary, questioning the candidate’s ties to the controversial cryptocurrency platform Tether. Warren, a staunch advocate for financial regulation and consumer protection, has long been critical of the unregulated nature of certain cryptocurrencies, and her latest challenge adds a new layer of scrutiny to the nomination process. Tether’s …
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29 January
Sony Kicks Off 4-Week Push to Onboard New Users to Soneium Blockchain
Sony has launched an ambitious four-week campaign aimed at bringing new users to its innovative Soneium Blockchain platform. The initiative marks a significant step in Sony’s strategy to expand its footprint in the blockchain and Web3 space, offering users a range of exciting features and opportunities to engage with decentralized technology. What is Soneium Blockchain? Launched by Sony as part …
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29 January
Cboe Revives Solana ETF Push: Exchange Resubmits Filings for U.S. Approval
In a renewed bid to bring Solana-based exchange-traded funds (ETFs) to the U.S. market, the Cboe BZX Exchange has resubmitted filings for four asset managers seeking regulatory approval. This move signals growing institutional interest in Solana (SOL) as a major crypto asset, alongside the increasing demand for diversified crypto investment vehicles. The Race for a Solana ETF While Bitcoin ETFs …
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29 January
Digital Ruble Takes Flight: Moscow Tests CBDC for Budget Payments
Russia has taken a significant step in its digital finance transformation as Moscow begins piloting the use of the digital ruble (CBDC) for budgetary payments. This marks a pivotal moment in the country’s push for a central bank digital currency (CBDC), as authorities seek to modernize financial transactions, increase efficiency, and reduce reliance on traditional banking systems. The Digital Ruble: …
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29 January
South Korea Cracks Down: Prosecutors Launch Dedicated Crypto Crime Unit
In a major step toward strengthening oversight of the cryptocurrency industry, South Korean prosecutors are set to formalize a specialized crypto crime unit aimed at tackling fraud, market manipulation, and illicit activities in the digital asset space. The move reflects the country’s growing commitment to regulating the crypto sector amid rising concerns over financial crimes tied to digital currencies. Why …
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29 January
Coinbase Expands: Crypto Giant Secures Green Light in Argentina
Coinbase, one of the world’s leading cryptocurrency exchanges, has officially secured regulatory approval to launch its operations in Argentina. This strategic expansion marks a significant milestone for the company as it seeks to strengthen its presence in Latin America’s growing crypto economy. Argentina: A Crypto Hotspot Argentina has emerged as a key market for digital assets, fueled by high inflation …
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29 January
French Authorities Launch Money Laundering Probe Into Binance
In a major development for the cryptocurrency industry, French authorities have launched a formal money laundering investigation into Binance, one of the world’s largest cryptocurrency exchanges. This investigation comes amid growing concerns about the platform’s potential involvement in illicit financial activities, including money laundering and other regulatory violations. What Prompted the Investigation? The French Financial Markets Authority (AMF) and other …