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