Coindesk

The Bahamas ‘Dares’ Again 1.5 Years After FTX Collapse, Brings in New Crypto Law

The Bahamas, where bankrupt cryptocurrency exchange FTX was headquartered, has seen a new crypto law passed in parliament, The Securities Commission of The Bahamas announced on Tuesday.Source link

Coinbase Concerned About “Ongoing Regulation By Enforcement” in Australia

Coinbase (COIN) is concerned about “ongoing regulation through enforcement” which is not “helpful to the overall direction of the industry” in Australia ahead of expected draft legislation, senior executives of the cryptocurrency exchange told CoinDesk.Source link

Terra Blockchain Restarts After $4M Exploit

A reentrancy attack earlier Wednesday briefly halted the network. It restarted after an “emergency” chain upgrade.Source link

Bitcoin Keeps Weekly Loss as ‘Anti-Risk’ Yen Strengthens After BOJ Rate Hike

The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.Source link

XRP Surges 7% Amid Ripple-SEC Settlement Hopes, $600M Token Unlock

XRP trading activity is heightening in South Korea, where traders tend to push euphoric rallies on tokens.Source link