The local listing of bitcoin ETFs is being weighed by the Thailand SEC which would make them accessible to both individuals and institutions. Thailand Looking to Adopt Bitcoin ETFs The listing of bitcoin exchange-traded funds (ETFs) is being contemplated by Thailand’s Securities and Exchange Commission (SEC). The Secretary-General of the regulatory body, Pornanong Budsaratragoon, confirmed […]
Wyoming Senator Demands Answers on US Marshals’ Bitcoin Sale Plans
This week, Senator Cynthia Lummis raised concerns about the U.S. Marshals Service’s management of seized bitcoin, calling for transparency and questioning the decision to liquidate nearly 70,000 BTC, worth billions. Government Bitcoin Sale Questioned by Wyoming Senator In a letter addressed to U.S. Marshals Service Director Ronald Davis, Senator Cynthia Lummis scrutinized the agency’s track […]
‘Next Stop, $1 Trillion’: Uniswap Celebrates $500B in L2 Volume
On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform’s layer two (L2) solutions have surpassed the $ 500 billion threshold. Half a Trillion and Counting: Uniswap’s Layer 2 Expansion Shatters Records Since its debut on Ethereum mainnet on Nov. 2, 2018, Uniswap has significantly …
CoinW’s Crypto Industry Insights and Market Trends for 2024
Towards the close of 2024, the cryptocurrency market experienced a notable transformation, reaching a total market capitalization of around $ 3.908 trillion on December 17. This increase was largely fueled by Bitcoin’s ascent past $ 100,000 for the first time, a development significantly influenced by the approval of spot Bitcoin ETFs in the …
Kraken’s Top Lawyer Marco Santori Steps Down, Calls Regulators ‘Lovely People’
Santori made the announcement on Wednesday and said he would remain at the company in a senior advisory role, amid rumors that he will soon seek a position in the Trump administration. Kraken’s Chief Legal Officer Calls It Quits After Five Years Marco Santori, chief legal officer at cryptocurrency exchange Kraken announced his resignation on […]