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The Securities and Exchange Commission of Thailand (SEC Thailand) recently announced the establishment of a Digital Asset Regulatory Sandbox, aiming to provide a platform for the testing and development of services related to digital assets. This initiative is set to create a structured environment where businesses can explore innovative solutions within a regulated framework. The
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OKX CEO Star Xu recently issued a warning to users regarding the potential risks associated with interacting with the sanctioned crypto mixer, Tornado Cash. Xu emphasized that deposits from sanctioned entities, including Garantex and Tornado Cash, or withdrawals to these entities could trigger compliance risks and lead to account suspension. This highlights the importance of
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Coinbase recently made a bold move by urging the US Commodities Futures Trading Commission (CFTC) to withdraw a proposal that could potentially impact prediction markets like Polymarket. In a strongly worded letter from Paul Grewal, Coinbase’s Chief Legal Officer, the proposal was criticized for its vague definition of “gaming” and the assertion that “gaming” contracts
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Bitcoin’s price has seen a significant surge recently, breaking through key resistance levels and surpassing the $60,000 mark. This uptrend has sparked optimism among investors and traders, signaling potential further upside in the near future. One of the noteworthy developments is the formation of a connecting bullish trend line with support at $60,000 on the
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Ethereum has shown signs of strength as it consolidates near $2,680 after gaining pace above the $2,550 resistance zone. The cryptocurrency is now eyeing more upsides above $2,750, indicating a potential bullish trend in the near term. Technical Analysis The hourly chart of ETH/USD shows a key bullish trend line forming with support at $2,550.
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The addition of options features to spot Bitcoin exchange-traded funds (ETFs) in the US is anticipated to occur in the fourth quarter, as indicated by Bloomberg ETF analyst James Seyffart. However, Seyffart also mentioned the possibility of this offering beginning as early as the third quarter, with the final decision deadline from the US Securities
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