CryptoNews

Comparing Peaks: Bitcoin Hits 20-Month High, Other Cryptos Still Strive for Past Glories

December 7, 2023
As bitcoin’s value soared to heights last witnessed on April 6, 2022, a multitude of crypto assets have also reaped benefits from the surge of the premier cryptocurrency. Yet, despite a significant number of these digital currencies experiencing substantial increases, surpassing even bitcoin in percentage gains, they have yet to approach the peak values achieved during that period. From Then to…
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CryptoNews

SEC Makes 'Materially False and Misleading' Representations Against Crypto Firm — Judge Threatens Sanctions

December 6, 2023
The United States District Court for the District of Utah has expressed concerns that the U.S. Securities and Exchange Commission (SEC) is making “materially false and misleading representations” in its lawsuit against a crypto firm. The court has ordered the securities regulator to show cause why it should not be subject to sanctions. Court Threatens to Sanction SEC The U.S. Securities and…
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Brazil's Banking Behemoth Itau Unibanco Debuts Cryptocurrency Trading Services – Bitcoin News

December 6, 2023
Itau Unibanco, the largest private bank in Brazil, has launched cryptocurrency trading services for its customers. Through Ion, its financial services platform, Itau will first offer access to two cryptocurrencies, ether and bitcoin, opening this feature gradually to all users. Itau Unibanco Opens Crypto Trading Services in Brazil Itau Unibanco, one of the largest banking institutions in Brazil…
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CryptoNews

Indian Government Reveals 28 Crypto Service Providers Are Registered With Financial Intelligence Unit – Regulation Bitcoin News

December 5, 2023
The Indian government has revealed that 28 crypto service providers are currently registered with the country’s Financial Intelligence Unit. Furthermore, the Ministry of Finance has clarified that the anti-money laundering guidelines and reporting requirements apply to offshore cryptocurrency exchanges servicing the Indian market. 28 Crypto Firms Are Registered Entities India’s Ministry of…
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