Crypto News

One cold February morning in 2014, Kolin Burges stood outside Mt. Gox's Tokyo office, clutching a handwritten cardboard sign and demanding answers from the bitcoin exchange's CEO, Mark Karpeles, about his missing tokens.Eleven years later, the iconic sign, emblematic of crypto's first major financial scandal, is being auctioned on Scare.City with a reserve price of 4.5 BTC ($383,000). The sale starts later Friday and ends April 3."At the time, it didn't even cross my mind it could become valuable," Burges said in an interview with CoinDesk in Hong Kong. "I thought maybe I'd write a book someday, but the sign itself never seemed important. It's remarkable how things have evolved."Burges had flown from London to Tokyo after Mt. Gox, then...

The Central Bank of the UAE (CBUAE) has unveiled the official symbol for the Digital Dirham, set to launch in retail markets by late 2025. Digital Dirham to Enable Tokenization The Central Bank of the UAE (CBUAE) has announced significant progress in its Digital Dirham initiative, unveiling the official symbol for the nation’s digital currency.Source link

Harpie, a Web3 security platform backed by Coinbase and Opensea, announced on March 27 that it is ceasing operations, effectively ending its mission to create a “theft-free” crypto ecosystem. Unstainable Business Model Harpie, the Web3 security platform, announced on March 27 that it is ceasing operations, ending its mission to create a “theft-free” crypto ecosystem.Source link

The U.K.'s crypto industry has just over 12 months to prepare for an even stricter regulatory regime, a senior official with the country's finance regulator said.Matthew Long, director of payments and digital assets at the U.K.'s Financial Conduct Authority (FCA), told CoinDesk in an interview that the "impending gateway regime" that is earmarked for 2026 will in fact be a new authorization regime for crypto companies."We will have a gateway which will allow authorization. But obviously we've got to go through those consultations, create those rules and get the legislation for that to take place," Long said.This regime will be a leap from the current anti-money laundering (AML) one. Firms like crypto exchanges Coinbase, Gemini and Bitpanda will move away...

Through Juno, a new subsidiary dedicated to digital assets and stablecoin issuance, Bitso aims to introduce the Mexican peso stablecoin to serve several use cases, with remittances and cross-border payments facilitation at the center. Bitso Introduces Juno, Launches Mexican Peso Stablecoin The stablecoin market is heating up, and companies are now backing them with currenciesSource link