UK approves legislation to regulate cryptocurrencies and stabelcoins Britain's King Charles has signed into law the Financial Services and Markets Act. The country will now classify digital assets and stablcoins as regulated financial activities.
Miners sent $1 billion worth of bitcoins to cryptocurrency exchanges According to CryptoQuant analysts, miners have sent more than $1 billion worth of bitcoins to exchanges in 2 weeks. About 33,860 BTC were sent to derivatives exchanges. "Despite the high volume, these coins are not likely to enter spot exchanges. This means it will not put market pressure on
FTX begins talks to relaunch exchange FTX is making efforts to relaunch the exchange and has begun talks to do so, WSJ writes. The company "has begun the process of engaging stakeholders to reboot FTX com," CEO John J. Ray III said.
Robinhood to lay off 7% of staff Crypto-exchange Robinhood is reducing its staff by about 7%, according to an official press release. The reason for the layoffs is a reduction in workload and operational tasks.
Binance will not delist anonymous coins in Europe Binance has cancelled the delisting of anonymous coins in Europe, following a review of local legislation. The list included DASH, XMR, DCR, ZEC, ZEN, PIVX, NAV, SCRT, XVG, FIRO, BEAM and MOB.
Belgian regulator orders Binance to stop providing crypto services in the country Belgian regulator FSMA has ordered Binance to immediately stop providing any digital currency-related services in the country. In addition to the order, the regulator required the exchange to take steps to recover assets from the platform's local customers.
Valkyrie has applied for registration of a spot bitcoin ETF Valkyrie Digital Assets has filed a re-application with the SEC to register a spot bitcoin ETF. The company plans to list the new ETF on Nasdaq under the ticker symbol BRRR.
New Mystic Stealer virus steals user data from crypto wallets and apps Cyber security analysts at Zscaler and Cyfirma report that hackers created a new kind of virus, Mystic Stealer, in April this year that can steal data from 70 browser extensions and crypto-purses. The list includes MetaMask, Coinbase Wallet, Binance, Rabby Wallet, OKX Wallet, OneKey, etc. Experts suggest using quality antivirus
Mastercard files trademark application to develop cryptocurrency solutions Payments giant Mastercard has applied to the United States Patent and Trademark Office (USPTO) for a new trademark. According to the papers, the company plans to develop software for cryptocurrency settlement and interconnectivity.
Indonesia's parliament approves trading in 500 cryptocurrencies Indonesia's parliament has given the green light to trade 500 cryptocurrencies. The list includes BTC, ETH, LTC, SOL, ADA, XRP, DOT, SAND, UNI and others. Unlike the US, Indonesia will not list them as securities. The assets will be traded using the same algorithm as commodity contracts on exchanges.