Brazil Plans to Launch a Crypto Regulatory Framework This Year

Reading Time: < 1 minute The Brazilian Central Bank has announced that it will introduce a regulatory framework for cryptocurrencies by the end of this year.

Michael Sonnenshein Steps Down as CEO of Grayscale

Reading Time: < 1 minute Barry Silbert, the head of Digital Currency Group (DCG), has announced a change in management for the management company, Grayscale Investments.

Genesis Will Return $3B to its Clients

Reading Time: < 1 minute The courts have approved Genesis’ plan to distribute $3 billion in fiat currency and cryptocurrencies to its creditors.

VALR Expands Services with TRON Network Support and New TRX Staking Product

Reading Time: < 1 minute Johannesburg, South Africa, May 20th, 2024 VALR, the Pantera-backed crypto exchange, is pleased to announce its support for the TRON network, facilitating quick and easy stablecoin transactions. Additionally, VALR now…

Coinbase Analyst: Ethereum ETFs Will Eventually Be Approved

Reading Time: < 1 minute It seems inevitable that the SEC will eventually approve Ethereum-based spot ETFs, according to David Khan, an analyst at Coinbase.

Inflows into Spot Bitcoin ETFs Make Up for April’s Losses

Reading Time: < 1 minute In May, inflows into spot Bitcoin ETFs have offset the outflows from the previous month, according to a senior analyst at Bloomberg who specializes in exchange-traded funds (ETFs).

Court Approves Genesis Global’s $3B Payout

Reading Time: < 1 minute On May 17, a judge allowed the company to unfreeze and return customer assets that had been locked up since the company suspended withdrawals in November 2022.

JPMorgan: Bitcoin’s Production Cost is $45,000

Reading Time: < 1 minute JPMorgan has revised its central estimate for the cost of Bitcoin production to $45,000 from the prior projection of $42,000.

India Recommends Local Regulators to Monitor Crypto Trading Activities

Reading Time: < 1 minute The Securities and Exchange Board of India (SEBI) has proposed that multiple regulators should be involved in overseeing cryptocurrency trading within the country.