Crypto News

Ethereum (ETH) Underperforms Amid ETF Struggles and Market Dynamics

Ethereum ETFs face significant outflows and underperform compared to Bitcoin ETFs, influenced by aggressive market activities and macroeconomic factors. (Read More)Source link

Bank of Ghana Unveils Proposed Virtual Asset Regulations

The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are designed to protect consumers, prevent financial crimes, and encourage financial inclusion. Virtual asset service providers (VASPs) will be required to register and meet strict standards, while commercial banks are prohibited from dealing directly with virtualSource link

Gala Games Announces Starlight Picnic Competition with $GALA Prizes

Gala Games kicks off Starlight Picnic competition in Common Ground World, offering $GALA rewards and exclusive NFTs. (Read More)Source link

Ex-CEO Who Caused His Bank To Fail After Falling For Crypto Scam Gets 24 Years in...

The actions of Shan Hanes subsequently led the bank to fail at a “complete loss of equity for investors,” according to a Monday statement.Source link

Seychelles Approves Bill on Virtual Asset Regulation

The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having a resident director and an office with competent staff. The law aims to balance innovation with anti-money laundering efforts, adhering to Financial Action TaskSource link